BUSINESS LAW AND CORPORATE/COMMERCIAL LAW – LAW OFFICE SERBIA BELGRADE
Our law firm is located in Serbia, Belgrade and provides legal support to both domestic and foreign clients in corporate and commercial law, as of incorporation of the company in Serbia, and afterwards, in course of doing company’s business.
If you already have a registered company in Serbia or you may need a support in registration of the company, our law firm is able to provide you a legal support in accordance with your needs.
REGISTRATION (INCORPORATION) OF THE LIMITED LIABILITY COMPANY IN SERBIA – CORPORATE LAW OFFICE BELGRADE
If you want to incorporate (register) a company in Serbia, there is a possibility to do this without your presence in Serbia. The procedure is a bit simpler in case the shareholder of the company is natural, not a legal person, especially in procedure of opening a bank account of limited liability company. This is because when the shareholder of the company is a legal entity it must list the names of all shareholders until the name of the natural person who is the ultimate beneficial owner. The company must register a main activity, director (legal representative) of the company, as well as the company’s seat address.
CHANGES OF COMPANY’S DATA REGISTERED IN THE BUSINESS REGISTERS AGENCY
Some of the requests to our law office are referred to change of registered data about the company such as:
-change of legal representatives of the company,
-change of seat address of the company,
-change of main activity of the company,
-change of registered personal data of representatives of the company.
In addition to the above, we represent our clients in other fields of business law as described below.
BRANCH OFFICE/REPRESENTATIVE OFFICE OF FOREIGN LEGAL ENTITY – LAW OFFICE IN SERBIA FOR BUSINESS LAW
A foreign company which is planning to setup an office or expand its business in Serbia has several options that may consider for its company structure. In addition to setting up a limited liability company, there are two more ways in which a foreign company may conduct business in Serbia: by registering a branch office in Serbia or by registering a representative office in Serbia.
A branch office of a foreign company is a separate organizational part of the company through which the company operates in the Republic of Serbia. Branch office doesn’t have status of legal entity.
A representative office also doesn’t have status of legal entity and represents a separate organizational unit of a foreign legal entity (company). However, it may provide only preliminary and preparatory actions in order to conclude a legal transaction of foreign legal entity and it may conclude only legal affairs regarding its current business.
More about differences between branch office, representative office and limited liability company (LLC) in Belgrade (Serbia) you can read here.
STATUS CHANGES OF THE COMPANIES IN SERBIA – CORPORATE/COMMERCIAL LAW OFFICE IN SERBIA
Law of the Companies in Serbia defines four types of status changes of the companies: merger, acquisition, division and spin-off. More about status changes of the limited liability company you can read here.
INCREASE AND DECREASE OF SHARE CAPITAL OF COMPANY IN SERBIA – BUSINESS LAW OFFICE SERBIA
A minimal share capital of the limited liability company according to Serbian regulations amounts to app. 1 EUR. However, the company in Serbia may in every moment increase its share capital (monetary or non-monetary) that is subject to registration before Business Registers Agency. The monetary share capital is in most cases increased on the basis of payment of monetary contribution to the company as well as on the basis of conversion of receivables to the share capital. On the other hand, the company may decrease a share capital, however, in many cases it must fulfill obligatory provisions related to protection of creditors of the company.
TRANSFER OF SHARES OF THE COMPANY IN SERBIA – LAW OFFICE SERBIA FOR CORPORATE LAW
Shareholder of limited liability company may be a legal or natural person. If the company has only one shareholder, there are no obstacles to transfer certain share percentange to other entity/person. This action is performed by the procedure of transfer of shares of the company.
LIQUIDATION OF THE COMPANY IN SERBIA – CORPORATE LAW OFFICE SERBIA
Finally, you may have a need to put your company into the process of liquidation of the company in Serbia, which is in Serbia very complicated process requiring a lot of documents and acts.