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Serbia: It’s Time to Harmonize Your Business Seat Address with Prescribed Elements!

Serbia: It’s Time to Harmonize Your Business Seat Address with Prescribed Elements!

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The latest amendments to the Companies Act (“Act“) from 2021 specify the mandatory elements of the headquarters of each enterprise. Each registered office address must contain information related to the city, municipality, street or square, house number, floor, and apartment number.

This way, enterprises are obliged to harmonize the address of the headquarters with the Act. The deadline for the harmonization above is November 27, 2022. As businesses must register their headquarters address with the Serbian Business Registers Agency (“Agency“), they should synchronize this data in the appropriate register to include any missing data. The deadline for the Agency to decide on the registration application is five working days from the date of receipt, so one should start preparing all the necessary documentation on time.

In the case of a registered business, it should file for a change of address data if, for example, information about the floor or the apartment number is missing from the registered address. On the other hand, if you are looking to register an entity, you must provide the Agency with information on all mandatory elements of the headquarters’ address at the time of the registration.

If some of the elements do not exist, no worries. In this case, you must register only the existing data. For example, if your company is based in a family house with no floors/apartments, one would register the city, municipality, street, or square and house number.

This obligation is for all companies, entrepreneurs, and branch/representative offices based in Serbia.

By Ognjen Colic, Partner, Gecic Law

Serbia Knowledge Partner

SOG in cooperation with Kinstellar is a full-service business law firm in Serbia that provides foreign and domestic clients with premium-quality legal advice and assistance across a wide range of key areas of corporate law. The firm was founded in 2015 by a group of seasoned, internationally-trained lawyers. SOG has developed a distinctively dynamic culture, bringing together top talent, fostering entrepreneurship, and maintaining exceptional relationships with its clients.

SOG has achieved consistent growth in the volume of its business, accompanied by an exponential increase in the number of hired associate lawyers and the firm’s network of business contacts. SOG has a robust client base of multinationals, investment and private equity firms, and financial institutions. Clients praise SOG for being commercially minded, very responsive and knowledgeable.

Establishing permanent cooperation with Kinstellar is part of realising SOG's long-term development strategy to be the leading provider of legal services in the Western Balkans market.

Firm's website: https://www.kinstellar.com/


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