News: Registration of Company in Serbia

Registration of the legal entity in Serbia

Republic of Serbia is a sovereign state situated at the crossroads of Central and Southeast Europe, covering the southern part of the Pannonian Plain and the central Balkans. Member of UNO from 2000, from 1^st of March 2012 official obtained status of candidate to be a member of EU.

In Serbia, one of the most common forms of the company is the Limited Liability Company (DOO), less often - joint-stock company (AD).

DOO is more common because of few reasons:

- in DOO founders are responsible only for their shares. The minimum share capital is € 1. At least half of the authorized capital must be paid before the registration of the company, and the remaining half shall be paid within two years from the date of registration.
- Creating DOO is the quickest and easiest way to get your company in Serbia.

Business in Serbia

Registration of company in Serbia is available for natural persons (including foreign citizens) and for legal entities (Serbian and foreign entities).

Neutral persons should prepare scan copy of Foreign Passport, and founders of legal entities should prepare:

- Extract from the trade register or a certificate of registration of the company in the country of origin (or other document confirming the registration of a foreign company).
- The power of attorney for an individual with right to sign documents on behalf of foreign companies, including the opening of accounts and with ability to do all activities related to registration of companies.

It should be noted that these documents must be apostilled (the apostille is not required for Member-States of the Hague Convention), translated into Serbian language and translation must be certified by notary. These documents will be applied to the registering authority.

Accordingly to classification of economical activities you must fulfil paragraph about founding documents of your company - "Type of Economic activity".

Serbian companies are obliged to keep accounting records and submit reports. In the case of income from Serbian sources by non-residents, they (non-residents) must pay taxes.

We will register company in Serbia short terms.It is problematic to buy Company in Serbia . Registration your company in Serbia - one of the easiest and cheapest ways to start a legitimate international business. Registration of companies is one of the main directions of our work. For more information about business registration in Serbia please contact our Lawyers by phone or email.