Companies Act

Piercing the corporate veil

One of the fundamental principles of company law is that a company is an independent legal entity whose assets are separate from the assets of its founders, members, and shareholders. This principle gives rise to the rule of limited liability: as a rule, a member of a limited liability company, a limited partner in a…
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Law on Foreigners

Changes during the validity of the single permit

Single permit shall mean the permit for a foreigner’s temporary residence and work in the Republic of Serbia. The single permit can be issued for: Employment; Self-employment; Special cases of employment, in compliance with the regulations governing the employment of foreigners, namely: a) For seconded persons, b) For movement within the company, c) For an…
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Companies Act

Extract from a foreign register as the basis for registration of data on a foreign legal entity which is a member of the company

According to the provisions of the Companies Act, depending on the type of registration entity, the Register of Business Entities kept by the Serbian Business Registers Agency of the Republic of Serbia records, i.e. registers data on the following persons: members and founders of the registration entity cooperative member the director, i.e. members of the…
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Law on Legalization of Documents in International Traffic

Establishment of a company in Serbia without the physical presence of a foreign founder

Under the applicable laws and regulations of the Republic of Serbia, it is possible to establish a company without the founder’s physical presence, provided that a special power of attorney is duly issued in the prescribed form. This option is available to both foreign natural persons and foreign legal entities, including their legal representatives, enabling…
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Law on Foreigners

Temporary residence in the Republic of Serbia on the grounds of education or learning the serbian language

An increasing number of foreign nationals are choosing to acquire part of their education in the Republic of Serbia, whether through formal schooling, university studies, or attending Serbian language courses. In order for their stay in the Republic of Serbia to be lawful, it is necessary for them to regulate their residence status in accordance…
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