News
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Opening a Company in Serbia: A Guide for foreign Entrepreneurs
Opening a company in Serbia: opportunities for foreign entrepreneurs Serbia has become an increasingly attractive destination for foreign entrepreneurs looking to expand their business in the Balkans. With a competitive tax system, lower operating costs, and a strategic location, the country offers numerous investment opportunities. However, starting a business in Serbia requires a clear understanding of the legal framework and administrative procedures. Choosing the right type of company The most common legal form for foreign investors is a limited liability…
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Financing and Management of Endowments and Foundations in Serbia
The financing and management of endowments and foundations in Serbia are governed by the Law on Endowments and Foundations, which regulates their establishment, legal status, assets, internal organization, as well as supervision and accountability. An endowment (zadužbina) is a legal entity without members, established with an initial property intended for achieving a charitable purpose, while a foundation (fondacija) is a legal entity established to pursue public-benefit objectives without the requirement of initial endowment property. Management Structure and Responsibilities The core of governance lies with the management…
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Judicial Rehabilitation in Serbian Law – A Legal Path to a Fresh Start
Judicial rehabilitation is a legal mechanism that allows a person who has been lawfully convicted of a criminal offense to request that their conviction be erased from the criminal record after a certain period of time, once the statutory conditions have been met. The purpose of this legal remedy is to enable individuals who have served their sentence to free themselves from the legal consequences of their previous conviction, thus opening new opportunities in their legal, professional, and social life.…