Starting your own business is an important step. Whether you plan to start a private business for the first time or formalize an already existing activity – it is important that everything is legally set up correctly from the very beginning.
As a lawyer with experience in commercial law, I provide comprehensive legal support in establishing companies and sole proprietorships, along with advice on choosing the most favorable form for your specific case.
What Should I Choose – LLC or Sole Proprietorship?
The most common forms of company formation in Serbia are:
1. Limited Liability Company (LLC)
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Suitable for: serious business, multiple members, growth plans and investments.
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Founder: can be one or more individuals/legal entities.
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Liability: founder is not liable with personal assets for company obligations.
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Share capital: minimum 100 dinars (can be higher).
2. Sole Proprietorship
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Suitable for: small business, independent activities, beginners.
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Founder: individual.
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Liability: proprietor is liable with personal assets for business obligations.
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Share capital: not required.
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Taxes: possibility of flat-rate taxation (if conditions are met) or bookkeeping.
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Advantages: simple formation, lower operating costs.
What Does the Formation Process Look Like?
Whether you are forming an LLC or a sole proprietorship, as a lawyer I can provide you with complete service:
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Advice on choosing the legal form and tax regime
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Preparation of all documentation
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Registration with APR (Business Registers Agency)
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Registration with Tax Administration and obtaining a Tax ID number
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Opening a business bank account
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Additional registrations – VAT, activities, occupation codes, etc.
Why Engage a Lawyer?
Incorrectly filled forms, wrong activity code, or oversight regarding taxes – can cost you money and time. Through professional guidance of the process, you avoid mistakes and start your business without unnecessary complications.
If you plan to open a company – don't wait for problems to arise. Invest in security from the very beginning.