Joint stock company

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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Insurance Law

Insurance brokerage undertaking

The conditions for the establishment and operation of insurance brokerage undertakings, as well as the conditions for performing insurance and reinsurance brokerage activities, are regulated by the provisions of the Insurance Law (RS Official Gazette, Nos 139/2014 and 44/2021). Insurance brokerage activities include insurance and reinsurance brokerage activities. Insurance brokerage activities shall be activities related…
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Companies Act

Relationship between the joint-stock company and stockholders

According to provisions of the Companies Act relationship between the joint-stock company and stockholders shall be defined with rights and obligations as follows: Right to a dividend Limitations on payments to stockholders Pre-emptive subscription right of the stocks Financial Support of the company in acquiring stocks Withdrawal and cancellation of stocks due to failure to…
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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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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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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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