Companies Act

Companies Act

Legal aspects of the contract of the company members

The contract of the company’s members is a named corporate law contract. Unlike the founding act, a mandatory document of every company, the members’ agreement is optional. However, the absence of a legal obligation to conclude a contract for the members of a company, the complexity of relations in multi-member companies, and the great practicality…
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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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Companies Act

Directors of limited liability companies, according to the Companies Act

According to the provisions of Article 218 of the Companies Act (“Official Gazette of RS”, no. 36/2011, 99/2011, 83/2014 – other law, 5/2015, 44/2018, 95/2018, 91/2019, 109/2021 and 19/2025), the legal representatives of the limited liability company are the directors, and there is no possibility that the provisions of Article 218 of the Companies Act…
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Providers of motor vehicle rental services

Motor vehicle rental service (Rent a car)

A motor vehicle rental service is considered to be the rental of a motor vehicle category A and B without a driver (rent a car). The conditions for providing the service of renting a motor vehicle without a driver (rent a car) are regulated by the provisions of the Law on Tourism (“Official Gazette of…
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Companies Act

Company’s division plan

The provisions of the Companies Act (“Off. 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) regulated the implementation procedure of status changes of the division and the spin-off. Status change division and spin-off may involve one or several companies of the same or different legal form.…
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Companies Act

Decision on the acquisition of company and its legal effect

Provisions of the Companies Act shall regulate concept and types of status changes, as well as procedures for conducting status changes, registration, and legal consequences of registration of status changes. A company in a status change – the transferring company reorganizes itself to the effect that it transfers assets and obligations to another company –…
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