In the modern world, any company in its activities is faced with
the issues of obtaining rights to software (hereinafter referred to
as software), which it needs to perform certain business operations
or automate business processes. The granting of such rights in the
vast majority of cases is carried out on the basis of licensing
(sublicense) agreements. It is common practice to conclude such
contracts and transfer rights between companies located or
registered in different states. In this regard, when a resident of
Belarus concludes license agreements with foreign companies, it is
necessary to comply with the mandatory requirements of the
Belarusian legislation.
License agreement or exclusive rights assignment
agreement?