Subject matter of the right of security

By the LAW ON RIGHT OF SECURITY UPON MOVABLE OBJECTS FILED IN REGISTRY (“Official Herald of the Republic of Serbia”, Nos. 57/2003, 61/2005, 64/2006 – correction, 99/2011 – other laws and 31/2019) shall be regulated the pledge, without delivering in possession, of movable objects and rights to secure a claim of a creditor, the contract of security, the rights and obligations of contracting parties, the filing of the right of security in the Registry, the settling of a creditor secured by pledge, and the termination of the right of security.

Movable objects and rights shall be pledged by filing in the Register of Pledges on Movable Property and Rights instituted in the Serbian Business Registers Agency.

Legal relations that are not regulated by the LAW ON RIGHT OF SECURITY UPON MOVABLE OBJECTS FILED IN REGISTRY (“Official Herald of the Republic of Serbia”, Nos. 57/2003, 61/2005, 64/2006 – correction, 99/2011 – other laws and 31/2019) shall be subject to regulations covering obligations (contract and torts) and property law relations, and to additional rules. Continue reading Subject matter of the right of security

Company’s legal form change

Company may change its legal form under the conditions and procedure which have been prescribed by the provisions of Articles 478 to 482 of the Companies Act.

Concept of a Legal Form Change

By changing the legal form, a company converses from one legal form into another legal form, in accordance with Companies Act.

The change of the company’s legal form does not affect the legal personality of that company.

The provisions of the Companies Act governing establishment of a form of a company apply mutatis mutandis to the change of a legal form of the relevant company, unless this Act stipulates otherwise. Continue reading Company’s legal form change

Establishment of private preschool institution

The preschool institutions are the holders of preschool upbringing and education.

The field of preschool upbringing and education is regulated by the following laws:

  • Law on the Foundations of the Education and Upbringing System (“Official Gazette of the Republic of Serbia” No. 88/2017, 27/2018 – other act, 10/2019, 27/2018 – other act, 6/2020 and 129/2021)
  • Law on Preschool Upbringing and Education (“Official Gazette of the Republic of Serbia”, No. 18/2010, 101/2017, 113/2017 – other act, 95/2018 – other act, 10/2019, 86/2019 – other act, 157/2020 – other act, 123/2021 – other act and 129/2021) and
  • Law on Public Services (“Official Gazette of RS”, Nos. 42/91, 71/94, 79/2005 – D. Law, 81/2005 – Official Gazette, 83/2005 – 83/2014 – the law).

Given that the activity of preschool education is a matter of immediate social interest and it is realized as a public service, the regulations on public services apply to the establishment and operation of such an institution. Continue reading Establishment of private preschool institution