Serbia Company Formation

Serbia Company Incorporation

Serbia D.o.o Company Formation

  • Reserving your Company Name
  • Liaising with the local registrar and relevant authorities
  • Structuring the company as per your requirements
  • Prepare your Company Registration Forms
  • Drafting the Articles of Association / Statutes
  • File the documents with the Serbian Business Registers Agency
  • Initial Government licence fee payable on incorporation
  • Certificate of Incorporation
  • Issue of shares and production of Share Certificates
  • All documents and certificates supplied in a professional folder
  • Delivery of documents by FedEx / DHL courier

Serbia Business Registration - D.o.o

The Law on Registration of Business Entities published in the Official Gazette of the Republic of Serbia, no.55/04, is an important law which simplifies the process of incorporation and unifies the register for all business entities in Serbia. The new law provides for registration of companies and entrepreneurs in the same place - the Register of Business Entities, which will become a unified, central registry for all of Serbia.

Business Entities Agency

This law establishes the Business Entities Agency and determines the conditions and procedure of registration of companies in the Registry which shall be held by the Business Entities Agency.

  • The Registry of Business Entities.
  • The Pledges Registry.
  • The Financial Leasing Registry.
  • Other registries stipulated by the Law.

Timescale to Incorporate in Serbia

The time for the registration and for issuing official copies and certificates is five days.

Procedures

An application is submitted by email, then completing the form on the web page of the Agency and submitting scanned documents. Original documents must be submitted within 5 days from the electronic application.

Once the application is submitted the Registrar issues a Certificate of Submission;

Upon the receipt of the application the Registrar verifies: the content of the application, whether all the required documents have been submitted, evidence on payment of the administrative tax, conformity of the data stated, whether any other entity has been registered under the same name, whether the relevant name has been reserved for another entity and whether other conditions provided the law have been fulfilled.

Company Name Reservation

A prospective applicant can reserve the name for its future entity by submitting the relevant application. The reservation is valid for 60 days.

Serbia - D.o.o Company Incorporation

Incorporating a Company in Serbia

  • We complete the required forms
  • Notarise the Memorandum of Association and lease contract at the Court
  • Open a bank account and pay in founding deposit
  • Obtain the registration certificate Business Registers Agency
  • Obtain PIB - tax identification number at the Municipal Hall
  • Register the employment contracts with the Employment Organisation/Fund
  • Obtain certificate from the PIO Fund (pension fund)
  • Obtain certificate from the Health Fund

The most commonly used legal form in Serbia is a limited liability company.

The new Company law provides that limited liability companies can have up to 50 shareholders, and that the minimum share capital is €500.

Incorporation procedure

A company is incorporated according to a Memorandum of Association with two or more shareholders.

The Memorandum of Association has to include the following:

  • Name and the address of the company
  • Shareholder's name and address
  • Business activities of the company
  • Invested/founding capital
  • Conditions and the manner of distribution of profit
  • Representation of the company
  • Environmental protection
  • Provisions stipulated by the Company Law

The shareholder's signatures on the founding acts have to be registered-verified by the authorised court. The verification procedure may also be performed at a Serbian consulate abroad.

The following documents have to be submitted to the Business Registration Agency:

  • Incorporation application form with all the required enclosures.
  • Memorandum of Association.
  • Payment of initial capital.
  • Verified signatures, deposited as registered entries, of authorised representatives of the enterprise/company to be registered.
  • Articles of Association of company.
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Serbia fees to Incorporate
  • Time - 5 days to incorporate your Serbia company
  • Company Formation - £1240
  • Registered Office Fee - £600
Serbia Advantages
  • Directors - only 1 director of any nationality is necessary for your company
  • Shareholders - only 1 shareholder is required
  • Share Capital - Share Capital requirement is only €500
  • Tax - Serbia has one of the lowest corporate tax rate in Europe
  • Support - using our 20 years experience we guide you throughout every step of the company formation process