Companies Act

Law on Transportation of Passengers in Road Traffic

Conditions for performing the activity of limo service

Limo service means a public transport that is performed by a vehicle which is rented with the driver’s assistance. Conditions for performing the activity of limo service in Serbia are determined by the provisions of the Law on Transportation of Passengers in Road Traffic (“Official Herald of RS”, No 68/2015, 41/2018, 44/2018 – other law,…
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Free-Trade Zone Act

Free-Trade Zone Organization and Management in Serbia

Free-Trade Zone is a part of the territory of the Republic of Serbia, which is specially fenced-in and marked and in which business is conducted under the conditions provided by the Free-Trade Zone Act (“Off. Herald of RS”, No. 62/2006). Free-Trade Zone Organization and Management Management A free-trade zone is managed by a free-trade zone…
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Capital market

Types and clases of stocks which issue company

The stocks issued by the company are issued in their dematerialized form and read in the name of a stockholder, and the provisions of those regulations governing the capital market are applied to the registration of the issue of stocks, their legal holders, transfer of stocks, transfer of rights deriving from stocks, limitation of rights…
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Information which is a business secret

Duty to keep business secret according to provisions of the Companies act

Duty to keep business secret is regulated by the provisions of Articles from 72 to 74 of the Companies Act. A business secret is information the disclosure of which to a third party may damage the company, as well as information that has, or may have, economic value because it is not generally known or…
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Act on Amendments and Supplements to the Companies Act

Usage of seal in dealing of the business entities

By the provisions of the Act on Amendments and Supplements to the Companies Act (’’Official Herald of RS ‘’, No. 44/2018) were realized the improvement of individual solutions from the valid Companies Act (’’Official Herald of RS ‘’, Nos. 36/2011, 99/2011, 83/2014 – other law and 5/2015) and further harmonization with the EU regulations. The…
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Concept, Types, Documents and Procedure of Company’s Legal Form Change

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…
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