Law on Foreign Currency Transactions

Conditions and methods of financing foreign business

Financing of foreign business in Serbia is most often realized in the following forms: financing through direct investments (founders’ investments, subordinated loans and credits, additional payments, etc.) foreign currency lending in the country taking loans and borrowings from abroad contracting factoring transactions. Direct investments By the Law on Foreign Currency Transactions (“Official Herald of the…
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Law on Cotract and Torts

Financing of the company by the founders through loan

Contracting and implementation of the loan to the company from the founders is almost entirely governed by the provisions of the Law on Contracts and Torts. The Companies Act in the part Additional Payments and Loan to the Company (Articles from 178 to 181) prescribes manner of esblishing the additional payment obligation, consequences of failure…
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