Real estate lease agreement according to the Law of Contract and Torts

According to the provisions of the Law of Contract and Torts lease agreement shall be defined as a contract by which one person shall assume the obligation to deliver a specific object to another person (lessee) for use, and lessee shall assume the obligation to pay him in return a specified compensation (rent) and to restore him the rented thing after the termination of the contract. The use shall also include collecting yields, unless otherwise provided by contract or by trade usage.

The lease agreement is named contract because it is regulated by law, onerous, consensual – it is formed in accordance with the consenting minds, bilaterally binding and simple contract – it does not contain elements of the other contracts.

Also according to the provisions of the Law of Contract and Torts the lease agreement is an informal contract. Continue reading Real estate lease agreement according to the Law of Contract and Torts

Consulting agency foundation

Consulting agency can be established and registered or entered in the register of the companies or in the register of entrepreneurs of the Serbian Business Registers Agency of the Republic of Serbia in the form of business company and consulting activities can be performed by a natural person with full capacity, which will be registered as an entrepreneur in that aim.

The establishment, registration and organization of business companies and entrepreneurs are governed by Law on Business Companies, Law on the Procedure of Registration with the Serbian Business Registers Agency, Rulebook on the Content of the Business Entities Register and Documents Required for Registration and Decision on Fees for Registration and other Services Provided by the Serbian Business Registers Agency Continue reading Consulting agency foundation

Write-off of receivables making in the National Employment Service

Write-off of receivables in the National Employment Service is regulated by Regulation on the write-off of receivables in the National Employment Service (“Official Herald of the Republic of Serbia”, No. 14/2014).

Write-off of receivables is the cessation of debtor-creditor relationship, by which the National Employment Service, as a creditor, written off receivables against the debtor under the conditions and in the manner prescribed by the Regulation.

The Regulation shall regulate:

  • the reasons on which the receivables of the National Employment Service may be canceled
  • the documentation which shall prove the fulfillment of the reasons for the write-off of receivables
  • competence and procedure before the Commission for preparation of the proposals for write-off of the receivables
  • competence of the sector / branch, and
  • the deadlines for completion and submission of cases to the Commission, which, after deliberation, adopted Minute with the proposal for write off of the receivables shall submit to the Managing Board. Continue reading Write-off of receivables making in the National Employment Service