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Corporate legislation and required documentation
- In Serbia, the acronym o.o. (Drustvo sa Ogranicenom Odgovornoscu) is used for limited liability company. The structure of the d.o.o. is equal to the Italian S.r.L.
- A d.o.o. company can be formed as a partnership or sole proprietorship.
- The minimum capital stock is of 500 EUR, except for some activities with higher capital stock required by law.
- When the company is constituted by foreign partner(s), the capital stock needs to be transferred to a specific bank account in foreign currency.
- The company can include up to 50 members per year, among which both natural and legal persons are allowed. In case the number per year is higher, the company will be considered as a joint-stock
- Contributions to the capital stock made by partners may also include goods, works, and services
- Thanks to the new organization, the company registration procedure has shortened from 51 to 13 days.
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