Company registration in Serbia
Investors must be aware of the types of businesses they may open in Serbia before starting a company. Investors who want to start a company in Serbia, as in any other European country, can choose any suitable type of business they want. Limited liability corporations – proprietary (d.o.o.) or public (a.d.) – and associations – common (o.d.) or limited liability companies – are included (k.d.). At the time of company registration in this region, our company forming specialists in Serbia are at your disposal with full support.
Registration steps
Before you register your business, there are other decisions that you have to make and which influence on your future company. It is important to decide about your principal business activity where will you register the company’s office, will you pay the VAT, the number of employees and how to choose the accountant.
1) Choosing the company name
The company name must comprise the name of the company, its legal form and the place where the principal office of the company is registered. The business name must consist of other elements under the Law.
2) Select code of activity of a company
All the legal persons and business entities must choose their activity code. This involves a commitment that when applying to set up a company, choose and write the core activity of the company or the most important activity of the company.
3) The preparation of the memorandum of association
The setup of the legal entity in Serbia starts with issuing the Memorandum of association. The Memorandum of association is a company’s general legal act created by one or more founders of the business entity. All the questions related to company, management, questions from the company in relation and other relevant questions are defined in this legal act. The Memorandum of association should be certified at the notary.
4) Registered address of firm in Serbia – a virtual office
A virtual office represents a modern and highly efficient business concept, which can save a significant amount of money for the rent and additional expenses for company premises.
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Our company has many years of experience in registering a company in Serbia. We provide advice, help with collecting the necessary documents, and we undertake all obligations for your business.
Limited Liability Company
Limited Liability Company is the most common legal form in Serbia. LLC is suitable for almost all commercial needs.
Joint Stock Company
Joint Stock Company has a very similar structure as a Limited Liability company. Joint Stock Companies' stocks(shares) may be the subject of public trade. JSC shares of the stock can be bought and sold by shareholders.
Branch office
The purpose of the branch office is to satisfy customer needs for face-to-face interaction. The Branch office can consist of a single individual or It can be staffed.
Holding company
Holding Company is registered to hold the outstanding stock of other businesses. The purpose of this type of company is to own shares of other companies to form a corporate group.
Accounting
Our team of professionals has huge experience in bookkeeping for the business. Get in touch with us and submit your needs.
Other
If you want to register other business structure, feel free to contact us.
Requirements
A Serbian company is based on the constitutive documents called articles of association which consist of all the internal regulations and entity details. The founders of a company must elaborate these documents and must make sure that the chosen name is not in use by another entity. The articles of association or the partnership agreement must comprise the address of the head office, the main activities, and objectives of the business and the initial capital contribution. This Memorandum of Association should be notarized at a basic court, at the Municipality or public notary. The registration at the Serbian Trade Register has to be made before starting any business activity.
Legal address
Every company in Serbia requires a legal address. The legal address where your business correspondence is sent, and it is also considered that the board of the given company is located at this address, documents are stored, and the company is managed.
Bank account
The client must provide all identification information (a copy of the passport, a notary certified utility bill, a signed detailed resume, a bank reference letter confirming the client's good relationship with the bank, and a police clearance certificate. However, this list may be inconclusive and requirements may be changed.
Legal name
The company name must be unique. Rules for Legal name registration can be found in Indian official website.
Accountancy
We offer accounting solutions for your business. Our accountants perfectly know the legislation and tax issues in the Panamanian jurisdiction.
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