BRANCH AND REPRESENTATIVE OFFICE OF THE COMMERCIAL COMPANY IN SERBIA – LAW OFFICE BELGRADE KNEŽEVIĆ BRANCH OF THE COMMERCIAL COMPANY IN SERBIA – LAW OFFICE FOR COMMERCE LAW IN BELGRADE  During the foundation on the commerce company itself or in the course of its further business, a need may occur, to perform activities outside of the registered office of the company`s headquarters, so in such situations opening a branch of a company is the most likely resort. By Law on commerce, a branch is defined as a separate organizational part of a commerce company on the territory of Republic of Serbia through which the company conducts its business in accordance with the law. It is important to mention that a branch does not have the status of a legal entity and in legal transactions it acts on behalf of and for the account of the commerce company. Also, for the obligations towards third parties that arise during the branch business, the commerce company that established the branch is liable, and not the branch itself. A branch can be a branch of a domestic company, as well as a branch of a foreign company. A branch of a foreign commerce company […] Read More