Law on Legalization of Documents in International Traffic

Establishment of a company in Serbia without the physical presence of a foreign founder

Under the applicable laws and regulations of the Republic of Serbia, it is possible to establish a company without the founder’s physical presence, provided that a special power of attorney is duly issued in the prescribed form. This option is available to both foreign natural persons and foreign legal entities, including their legal representatives, enabling…
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Companies Act

Incorporation of a joint stock company

A joint stock company is a company whose share capital is divided in stocks held by one or more stockholders who are not liable for the company’s obligations, except based on piercing the corporate veil in the cases prescribed by Article 18 of the Companies Act as well as in the case of deletion of…
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Law on Endowments and Foundations

Establishment of endowments and foundations

The Law on Endowments and Foundations (“Official Gazette of the Republic of Serbia”, No. 88/2010, 99/2011 – other law and 44/2018 – other law) (hereinafter: the Law on Endowments and Foundations) regulates the establishment and legal status of endowments and foundations, their assets, internal organisation, registration and deletion from the register, activities, status changes, supervision…
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Companies Act

Status change – spin-off by incorporation

Status changes refer to reorganisations within a company that, due to their significance and complexity, are specifically regulated by the Companies Act (“Official Gazette of the Republic of Serbia”, nos. 36/2011, 99/2011, 83/2014 – other law, 5/2015, 44/2018, 95/2018, 91/2019, 109/2021 and 19/2025) (hereinafter: the Companies Act). A status change involves the reorganisation of a…
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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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