Memorandum of Association

Law on Primary Education and Upbringing

Registration of a private primary school

Primary education is an activity of direct social interest and is carried out as a public service. Primary education and upbringing are carried out in accordance with the Constitution, the Law on the Foundations of the System of Education and Upbringing (“Official Gazette of the RS”, Nos. 88/2017, 27/2018 – other law, 10/2019, 27/2018 –…
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Companies Act

Legal aspects of the contract of the company members

The contract of the company’s members is a named corporate law contract. Unlike the founding act, a mandatory document of every company, the members’ agreement is optional. However, the absence of a legal obligation to conclude a contract for the members of a company, the complexity of relations in multi-member companies, and the great practicality…
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Companies Act

Entry of a new member into the limited liability company

Following the provisions of the Companies Act, a third party can become a new member of a limited liability company based on the transfer of shares by registered members of the limited liability company, as well as based on the accession of a new member with a simultaneous increase in the share capital. Transfer of…
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Companies Act

Company’s own shares – acquisition and disposal

According to 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 – further: Companies Act) concept of shares is negatively determined, i.e. by the provisions of the Article 150 of the Companies Act shall be prescribed that a company’s shares are not securities and…
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Companies Act

Directors of limited liability companies, according to the Companies Act

According to the provisions of Article 218 of the Companies Act (“Official Gazette of RS”, no. 36/2011, 99/2011, 83/2014 – other law, 5/2015, 44/2018, 95/2018, 91/2019, 109/2021 and 19/2025), the legal representatives of the limited liability company are the directors, and there is no possibility that the provisions of Article 218 of the Companies Act…
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Law on Cooperatives

Establishment of a cooperative

The Law on Cooperatives regulates the legal status of cooperatives, their establishment, management and bodies of cooperatives, acquisition and termination of the status of cooperatives, book of cooperatives, property and operations of cooperatives, funds, distribution of profits and coverage of losses in cooperatives, termination of cooperatives, alliances of cooperatives, complex cooperatives, cooperative registration, cooperative audit,…
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