COMPANY LAW

Company Law ("Official Gazette of RS" No. 125/04),

The law governing the establishment of companies and entrepreneurs, management companies, rights and obligations of founders, partners, members and shareholders, linking, reorganization, termination of entrepreneurs and liquidation of companies.
A company is a legal entity established by the founding act of legal or natural persons for the purpose of the activity for profit.

The Articles of Association: Memorandum of Incorporation or decision

Forms of business organizations:
• Partnership (deposit in cash, assets, rights, work or services)
• A limited partnership (stake as in a partnership)
• A limited liability company (the minimum initial capital for the establishment of 500 euros)
• Stock (closed)-a minimum initial capital for the establishment of 10,000 euros
• Limited (Open) - the minimum share capital for the establishment of 25,000 euros

Governing bodies: General Assembly, Board, Director, Executive Committee
The bodies of oversight: internal auditor, the Supervisory Board, Board of Auditors

Termination economic society:
• the expiry of the established
• Decision (partners, shareholders or members of Parliament) on termination
• Bankruptcy
• A final court decision on the nullity of registration of company-delete
• occurrence of certain events of Association-contract which result in the termination of the company
• Liquidation

Connecting companies
• Through participation in the partnership capital or shares (equity linked companies)
• Through a contract (contract related company)
• Through capital and by contract (mixed)

The reorganization of the company
• Status changes
• changes in legal form the company