Commercial law

Meet all the legal prerequisites for establishing and developing your business in Serbia.

Who can be a co-signer?

Co-signature according to the Law on Business Companies

Law on Business Companies (“Official Gazette of RS”, no. 36/2011, 99/2011, 83/2014 – other law, 5/2015, 44/2018, 95/2018, 91/2019, 109/2021 and 19/2025 – from now on: the Law) in Article 33 determines the co-signature as a type of restriction of the authority of the representative of the company. This limitation may be provided for a…
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Companies Act

Company’s own shares – acquisition and disposal

According to Companies Act (“Off. Herald of RS”, Nos. 36/2011, 99/2011, 83/2014 – other law, 5/2015, 44/2018, 95/2018, 91/2019, 109/2021 and 19/2025 – further: Companies Act) concept of shares is negatively determined, i.e. by the provisions of the Article 150 of the Companies Act shall be prescribed that a company’s shares are not securities and…
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Companies Act

Termination of a company by a court decision

Judicial liquidation reasons include those determined by the court after the criminal or civil proceedings. As part of the criminal procedure, a security or protective measure prohibiting the performance of activities can be imposed on the company. After its pronouncement, the company must change its activity or start a voluntary liquidation procedure. The compulsory liquidation…
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Law on Incentives in Agriculture and Rural Development

Agricultural holdings

In terms of the Law on Incentives in Agriculture and Rural Development (“Official Gazette of the Republic of Serbia”, nos. 10/2013, 142/2014, 103/2015, 101/2016, 35/2023, 92/2023, and 94/2024), an agricultural holding is a production unit where a business company, agricultural cooperative, institution or other legal entity, sole trader, or farmer carries out agricultural production, processes…
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Forms of business associations: clusters and consortiums

Business associations

Business entities join business associations because, in this way, companies and entrepreneurs, especially micro, small and medium enterprises, can strengthen their position on the market, coordinate activities, reduce costs, master new knowledge and experience (know-how), improve products and services, acquire missing complementary advantages, promote their brands and business, and thus increase their competitiveness and innovation,…
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Law on Public Utility Services

Conditions for registration of a public utility service as the principal activity of a business entity

The provisions of the Law on Public Utility Services (“Official Gazette of the RS”, nos. 88/2011, 104/2016, 95/2018, and 94/2024) define public utility services and regulate the general conditions and manner of their performance. Public utility services, within the meaning of the Law on Public Utility Services (“Official Gazette of the RS”, nos. 88/2011, 104/2016,…
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