Registration and operation of a component of a foreign legal entity

Specifics of branch operations in Serbia

A foreign company branch office is a separate organizational unit of a company in the territory of the Republic of Serbia through which the company performs activity in accordance with the law. A foreign legal entity may permanently perform activities on the territory of the Republic of Serbia through a branch established and registered following…
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Law on Associations and liquidation procedure

Liquidation of the Association

The association’s liquidation procedure shall be regulatied by provisions of the Law on Associations. The provisions of the law regulating liquidation of business companies shall apply accordingly to any issues having to do with the association’s liquidation procedure that are not regulated by the Law on Associations. Liquidation of the Association – Reasons and Procedure…
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The association shall be established for an indefinite or definite period

Associations according to Law on Associations

The Law on Associations shall regulate: the establishment and legal status of associations their entry and deletion from the Register membership and bodies associations’ status changes termination any other issues of importance to their activities. The present Law shall also regulate the status and operations of foreign associations. For the purposes of the Law on…
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Companies Act

Company’s Memorandum of association

According to the provisions of the Companies Act a memorandum of association is a constitution document of a company that takes the form of a decision on incorporation if the company is incorporated by a single person, or the form of an agreement on association if it is incorporated by several persons. At the occasion…
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Activity code, Founders and consulting activities

Consulting agency foundation

Consulting agency can be established and registered or entered in the register of the companies or in the register of entrepreneurs of the Serbian Business Registers Agency of the Republic of Serbia in the form of business company and consulting activities can be performed by a natural person with full capacity, which will be registered…
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Status and position of the entrepreneur

Entrepreneur or company

Status and position of the entrepreneur and the company is governed by the provisions of the Law on Companies. The entrepreneur, according to the provisions of Article 83 of the Law on Companies, is defined as a natural person with full capacity who is registered in the Business Entities Register and is engaged in a…
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