Entrepreneur

Companies Act

Procuration

Concept of Procuration Procuration is a business power of attorney whereby a company authorizes one or more natural persons (hereinafter referred to as: the procurator) to conclude legal transactions and take other legal actions in its name and on its behalf. Exceptionally, procuration may be issued for the company’s branch only. Procuration is not transferrable…
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Activity code, Founders and consulting activities

Consulting agency foundation

Consulting agency can be established and registered or entered in the register of the companies or in the register of entrepreneurs of the Serbian Business Registers Agency of the Republic of Serbia in the form of business company and consulting activities can be performed by a natural person with full capacity, which will be registered…
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Status and position of the entrepreneur

Entrepreneur or company

Status and position of the entrepreneur and the company is governed by the provisions of the Law on Companies. The entrepreneur, according to the provisions of Article 83 of the Law on Companies, is defined as a natural person with full capacity who is registered in the Business Entities Register and is engaged in a…
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