Memorandum of Association

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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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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