Law on Central Records of Beneficial Owners

Central records of beneficial owners

The Law on Central Records of Beneficial Owners (“Official Gazette of the RS”, nos. 19/2025, 51/2025 and 60/2025 – corr.) governs the establishment, content, grounds for registration, and manner of maintaining the Central Records of Beneficial Owners of legal entities, other entities registered in the Republic of Serbia in accordance with the law, trusts and…
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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 Associations and liquidation procedure

Liquidation of the Association

The association’s liquidation procedure shall be regulatied by provisions of the Law on Associations. The provisions of the law regulating liquidation of business companies shall apply accordingly to any issues having to do with the association’s liquidation procedure that are not regulated by the Law on Associations. Liquidation of the Association – Reasons and Procedure…
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Implementation and Legal Effect

Decision on status change

Status changes which are stipulated by the Companies Act (“Official 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) are: acquisition, merger, division and spin-off. By-Laws and Documents which are necessary for the implementation of the status change For the purpose of conducting a status change, the…
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Companies Act

Contract on control and management

According to provisions of the Companies Act a contract on control and management shall be concluded in the case of forming an contractual group of companies. A contractual group of companies consists of a controlling company and one or more controlled companies that have entered into a contract on control and management. A contract on…
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