Company’s legal form change

Company may change its legal form under the conditions and procedure which have been prescribed by the provisions of Articles 478 to 482 of the Companies Act.

Concept of a Legal Form Change

By changing the legal form, a company converses from one legal form into another legal form, in accordance with Companies Act.

The change of the company’s legal form does not affect the legal personality of that company.

The provisions of the Companies Act governing establishment of a form of a company apply mutatis mutandis to the change of a legal form of the relevant company, unless this Act stipulates otherwise. Continue reading Company’s legal form change

Registration invoices in comercial transactions

According to provisions of the Law on amendments to the Law on deadlines for settlement of financaial liabilities in commercial transactions, from 01 March 2018 the creditors shall be obliged to register in the Central Registry of Invoices issued invoices and other payment requests in commercial transactions in which public sector entities are debtors, before their delivering to debtors.

The subject to editing of the Law on deadlines for settlement of financaial liabilities in commercial transactions was expanded by adopted amendments, according to the new paragraph 2 of Article 1 of the Law on deadlines for settlement of financaial liabilities in commercial transactions, which reads:

’’This Law shall additionally regulate the registration of invoices and other requests for payments issued by the creditors in commercial transactions between the public sector and the economic operators, i.e. between the public sector operators, in which the public sector operators are debtors.’’ Continue reading Registration invoices in comercial transactions

Establishment of private preschool institution

The preschool institutions are the holders of preschool upbringing and education.

The field of preschool upbringing and education is regulated by the following laws:

  • Law on the Foundations of the Education and Upbringing System (“Official Gazette of the Republic of Serbia” No. 88/2017)
  • Law on Preschool Upbringing and Education (“Official Gazette of the Republic of Serbia”, No. 18/2010) and
  • Law on Public Services (“Official Gazette of RS”, Nos. 42/91, 71/94, 79/2005 – D. Law, 81/2005 – Official Gazette, 83/2005 – 83/2014 – the law).

Given that the activity of preschool education is a matter of immediate social interest and it is realized as a public service, the regulations on public services apply to the establishment and operation of such an institution. Continue reading Establishment of private preschool institution