Change in share capital LLC
In accordance with the Companies Law, the minimum capital share of a limited liability company equals to 100 Dinars. A special law can provide that the minimum amount of capital share be greater than 100 Dinars for companies practicing certain activities. However, over their period of business operation, companies face numerous challenges which may […]
Ana Matijašević
On the 24th of January, 2020, the National Assembly of the Republic of Serbia adopted the Law on Archival Material and Archival Activities (“Official Gazette of RS”, no. 6/2020), whose official implementation started in February 2021. This law prescribes the obligations of all creators and holders of archival material and documentary material. A creator of […]
Enforcement against immovable property for the collection of monetary claims
The Law on Enforcement and Security (“Official Gazette of RS”, no. 106/2015, 106/2016 – authentic interpretation, 113/2017 – authentic interpretation and 54/2019), as one of the instruments of enforcement for the collection of claims prescribes the sale of enforcement debtor’s immovable property. The enforcement of monetary claims against immovable property is executed with the registration […]
Termination of a loan agreement due to changed circumstances – an adequate solution or a misconception?
There are numerous types of financial intervention in modern economy, with the Republic of Serbia being dominated by banking sector loans as main instruments in such intervention. This is hardly surprising considering the low developmental level of different financial institutions and a low personal savings rate. Loan agreements are of particular significance for the functioning […]
Transfer of shares in limited liability company
Provisions of the Company Law (“Official Gazette of RS”, no. 36/2011, 99/2011, 83/2014 – other laws and 5/2015, 44/2018, 95/2018, 91/2019, 109/2021) (Hereinafter: ”Law”) govern the transfer of ownership over limited liability company share. In addition to acquiring shares in a company by establishment, individual and legal entities can acquire ownership shares in various ways […]
Protection of Working Parents in the Republic of Serbia
The circumstances of our society’s severe demographic crisis calls for the necessity of state’s intervention through the adoption of various regulations and measures for the purpose of providing parental aid so that parents could accomplish their needs to the greatest achievable extent and align their parenting with their professional engagement, which was accomplished also through […]
TS Legal is hiring!
Law office TS Legal is expanding its team. We are looking for a responsible, reliable and qualified candidate for the position of legal trainee. Terms: – Graduated from the Faculty of Law – Good communication skills – Knowledge of English language – Good organizational skills – Computer skills (good knowledge of MS Office packages) – […]
Liability for the solidity of building
The liability of the designer and contractor for the solidity of the building is regulated by the Law of Contracts and Torts, but the question of the origin of liability and its legal consequences has remained open. The design agreement precedes the construction agreement, so it is only logical that the persons designing and constructing […]
Amendments to the Company Law adopted
On 17.10.2012, the National Assembly of the Republic of Serbia adopted the amendments to the Company Law of the Republic of Serbia (“Official Gazette of RS, number 36/2011, 99/2011, 83/2014 – other law, 5/2015, 44/2018, 95/2018, 91/2019). Goals: Concretization of existing provisions, along with new solutions which broaden the inspection over the operation of companies […]
Purchase and sale of immovable property in the Republic of Serbia law
The Law of Contracts and Torts (“Official Gazette of FRY”, no. 29/78, 39/85, 45/89 – decision of the Constitutional Court of Yugoslavia and 57/89, “Official Gazette of FRY”, no. 31/93, “Official Gazette of Serbia and Montenegro”, no. 1/2003 – Constitutional Charter and “Official Gazette of RS”, no. 18/2020) prescribes that the agreement on the purchase […]
