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Law on Trade

Dropshipping as a form of electronic trade

The Law on Trade (“Official Gazette of RS,” No. 52/2019) governs dropshipping as a method of conducting electronic commerce in Serbia. Following the provisions of Article 17 of the Law on Trade (“Official Gazette of RS”, No. 52/2019), dropshipping is defined as a form of electronic commerce in which a retailer sells goods through an…
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Law on Obligations

Obligations with several debtors or creditors

The provisions of the Law on Obligations govern the requirements for fulfilling debts with several debtors or creditors. When fulfilling duties with many debtors or creditors, dividing obligations into divisible and indivisible is important because it determines mutual relations and obligations between debtors or creditors based on the execution of Divisible obligations Dividing an Obligation and…
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Companies Act

Entry of a new member into the limited liability company

Following the provisions of the Companies Act, a third party can become a new member of a limited liability company based on the transfer of shares by registered members of the limited liability company, as well as based on the accession of a new member with a simultaneous increase in the share capital. Transfer of…
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Law on Obligations

Pledge agreement

The provisions of Articles 966–996 of the Law on Obligations govern the concept, object, and conditions for the legal validity of the pledge agreement, the rights and responsibilities of the pledger and the pledgee, and other essential issues. By a contract of security a debtor or a third party (pledger) shall assume the obligation to…
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Law of Contract and Torts

Compensation for damage due to price change

Damage due to a price change can occur due to a delay in the performance of a monetary obligation established by the contract, i.e. the termination of the contract or due to a delay in the performance of an obligation determined by a legally binding decision. It can only be realised in the manner and…
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Conditions for performing the activities of a travel agency

Travel agencies

The Law on Tourism (“Official Gazette of the RS”, No. 17/2019) regulates the conditions for the work of travel agencies in Serbia and by-laws, as well as the Law on Catering (“Official Gazette of the RS”, No. 17/2019). The Law on Catering (“Official Gazette of RS”, No. 17/2019) introduced a central information system in the…
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