In certain specialised industries that are focused on international or specific foreign markets, companies often choose to appoint a foreign national to the position of director. Some of the most common questions that arise when making this decision include: Can I freely decide whether the director will be a domestic or foreign national? What are…
All contracts to be considered legal and produce legal effects must meet certain conditions: the declaration of the intention must be given by a person who has the necessary legal capacity, serious – made to produce the legal effect, and not for any other purpose, free (that there is no defect of consent) – delusion,…
By the provisions of Articles from 749 to 770 of the Law of the Contract and Torts shall be regulated the notion of the contract of order, obligations of the person accepting the order and the orderer related to performing of order as well as the reasons for termination of the order. By a contract…
According to the Employment Act, the working relationship is the contractual relationship between the employee and the employer, which is based on the employment contract. In the working relationship, the employer and employees are obliged to comply with the provisions of the Employment Act, other laws, international agreements, other regulations, collective contracts, and regulations related…
A contract of construction shall be a contract for services by which a contractor assumes the obligation to construct, according to a specific plan and within a stipulated time limit, a specific building on an agreed building site, or to perform on such building site, or on an already existing facility, some other civil engineering…
The Law on Rights of Security upon Movable Objects and Rights Filed in Register regulates the pledge, without delivering in possession, of movable objects and rights for the purpose of securing a claim of a creditor, the contract of security, the rights and obligations of contracting parties, the filing of the right of security in…
