Company’s division plan

The provisions of the Companies Act (“Off. Herald of RS”, Nos. 36/2011, 99/2011, 83/2014 – other law, 5/2015, 44/2018 and 95/2018) regulated the implementation procedure of status changes of the division and the spin-off.

Status change division and spin-off may involve one or several companies of the same or different legal form. They may not apply to a company in liquidation or bankruptcy unless the status change is conducted to measure reorganization following the bankruptcy act.


A company may divide by simultaneously transferring all of its assets and obligations to:

  • Two or more newly incorporated companies (the division by incorporation”) or
  • Two or more existing companies (the division by acquisition) or
  • One or more newly incorporated companies and one or more existing companies (the mixed division).

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Customs representation

Representation is a legal business of undertaking legal actions in the name and on behalf of the represented person (in his name and on behalf of the designated person), which produces legal effect towards the represented person, provided that the representative acted within the given authorization powers and that the third party authority, notified of representation. Actions taken by the representative within the limits of his administration have legal effect as if they were taken only by the represented person.

Articles 13 to 16 of the Customs Law (“Official Gazette of the RS”, No. 95/2018, 91/2019 – other law and 144/2020) regulate customs representation.

The stated provisions of the Customs Law regulate the concept of customs representative, direct and indirect customs representation, and the conditions and procedure for granting and revoking the authorization of a customs representative. Continue reading Customs representation

Pharmacy institution

Organizing and performing pharmacy activities in the Republic of Serbia is performed following the Law on Health Care Protection (“Official Gazette of RS”, No. 25/2019), the law governing health insurance, the law governing drugs and the law governing medical devices, as well as the Guide to Good Pharmacy Practice, issued by the Pharmaceutical Chamber of Serbia, with the consent of the Minister.

The Law on Health Care Protection (“Official Gazette of RS”, No. 25/2019), among other things, regulates the concept of pharmacy activity, activities that include pharmacy activity, as well as forms of organization that shall perform pharmacy activity.

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