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 RS”, No. 17/2019).
Providers of motor vehicle rental services (rent a car)
Renting a motor vehicle (rent a car) can be performed by a company, another legal entity or an entrepreneur if it is registered in the appropriate register.
An association that performs the activity of renting a motor vehicle (rent a car) shall be obliged to enter that activity in the appropriate register. Continue reading Motor vehicle rental service (Rent a car)
Exit of limited liability company member (hereinafter referred to as: exit of company member) is one of the reasons for termination of company member status. Procedure of exit of company member shall be governed by the provisions of Articles from 187 to 193 of the Law on Business Companies.
Reasons for termination of company member status are:
- Death, in case of a natural person, or deletion from a relevant register, in case of a legal entity
- Exit from a company
- Expulsion from a company
- Transfer of entire equity interest
- Withdrawal and cancellation of entire equity interest.
Exit of Company Member without Claiming Compensation for Equity Interest
A comapany member, which hasn’t outstanding liabilities towards the company on the basis of outstanding contributions, may at any time, on the basis of the statement on exit which sall be submitted to the company, to exit from the compnay without giving any reasons for the exit, if he/she does not demand compensation for its equity interest. Continue reading Exit of limited liability company member
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