Commercial law - Law office of Dragana Lj. Djordjevic

The establishment of Ltd from labour relation can be analyzed from aspect of company law and from aspect of labor law.

The establishment of Ltd from labour relation from aspect of company law

From the aspect of company law the existence of the labour relation with the founder is not relevant to the establishment of Ltd. The establishment of Ltd will be registered by the Serbian Business Registers Agency if the founder, who is a natural person, deliver to the Serbian Business Registers Agency photocopy of identity card, if he/she is the domestic citizen or a photocopy of the passport, if he/she is a foreigner, while at the same time on the establishment of Ltd shall not affect the existence of the status of the labour relation with the founder. Continue reading The establishment of Ltd from labour relation →

Registration of the representative office in Serbia – the legal framework

The legal position of the representative office of a foreign company in the Republic of Serbia as well as the registration of a representative office in Serbia, are regulated by the provisions of articles 574-577 of the Companies Act (RS Official Gazette, Nos. 36/2011, 99/2011 and 83/2014 – other law, 5/2015, 44/2018, 95/2018, 91/2019 and 109/2021), the Law on the Registration Procedure in the Agency for Business Registers (“Official Gazette of RS”, No. 99/2011, 83/ 2014, 31/2019 and 105/2021) and the Rulebook on the content of the Business Entities Register and documents required for registration (RS Official Gazette, No. 42/2016).

The Companies Act with provisions of article 574. paragraph 1 define the representative office as a separate organisational unit of a foreign company that may carry out preliminary and preparatory work leading to the conclusion of a transaction by that company.

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