The Business Entities Register - Companies began operating on 1 January 2005, whereby a new administrative registration procedure replaced the former company registration with the court, in order to speed up the process and improve efficiency through a unique, electronic registration system for data which are relevant to business entities and indispensable for their daily legal and business transactions.
The transition to a centralized registration system produced a unique, centralized, electronic database of business entities in the Republic of Serbia, containing all data subject to registration in accordance with the law and pursuant to EU directives, available on the internet, which all interested parties can quickly and easily retrieve, without the need to prove their legal entitlement.
Relevant regulations:
- Company Law (RS Official Gazette, Nos. 36/2011, 99/2011, 83/2014 – other law, 5/2015, 44/2018, 95/2018 and 109/2021),
- Law on the Procedure of Registration with the Serbian Business Registers Agency (RS Official Gazette, Nos. 99/2011, 83/2014, 31/2019 and 105/2021),
- Law on Public Enterprises (RS Official Gazette, Nos. 15/2016 and 88/2019),
- Law on Cooperatives (RS Official Gazette, No. 112/2015),
- Rulebook on the Content of the Business Entities Register and Documents Required for Registration (RS Official Gazette, No. 42/2016),
- Decision on Fees for Registration and other Services Provided by the Serbian Business Registers Agency (RS Official Gazette, No. 131/2022).
Subject of registration
Mandatory data:
- business name
- registered address
- e-mail address
- date of incorporation
- date of registration, change or strike-off of data or document
- company code assigned by the Statistical Office of the Republic of Serbia, which is at the same time also the registration number
- tax identification number (“PIB”)
- registration codes assigned by the Pension and Disability Insurance Fund of the Republic of Serbia (“PIO”) and the Health Insurance Fund of the Republic of Serbia
- duration, if the company is incorporated for a limited period of time
- legal form
- code of core activity
- data on the person authorized to represent, and restrictions of his/her powers
- registered capital
- shareholder’s share and contribution
- appraisal of the value of non-cash contribution or certificate of the competent authority of the subject of registration on the appraisal of the value of the non-cash contribution
- memorandum of association
- articles of association.
Depending on the type of the subject of registration, the Register also contains data on:
- shareholders and founders of the subject of registration
- cooperative members
- director and members of the board of directors or executive board
- chairman and members of the supervisory board
- chairman and members of the board of directors.
Optional data in the Register:
- abbreviated business name
- business name in a foreign language
- abbreviated business name in a foreign language
- data on the procurator
- data on the branch
- obligation to notarize the changes of the memorandum of association
- data on liquidation, compulsory liquidation and bankruptcy
- annotations
- data on names, reserved in accordance with the law on the procedure of registration
- data on calls, announcements and publication of a document registered pursuant to the law
- mailing address
- bank account numbers.
Glossary
The Business Entities Register is a single, central electronic database in which sole proprietors, companies, cooperatives and cooperative federations, public enterprises, foreign company branches and representative offices, as well as other types of organizations, are registered (in accordance with the law);
Registration is the act of entering, changing or deleting data on the subject of registration, documents related to the subject of registration, annotations, as well as other data in the Register
Data in the Business Entities Register is the data that is entered in the Register in accordance with regulations.
This data is:
- business name;
- registered address;
- date of incorporation;
- date of registration, change or strike-off of data or document;
- company code assigned by the Statistical Office of the Republic of Serbia, which is at the same time also the registration number;
- tax identification number (‟PIB”);
- registration codes assigned by the Pension and Disability Insurance Fund of the Republic of Serbia (“PIO”) and the Health Insurance Fund of the Republic of Serbia;
- duration, if the company is incorporated for a limited period of time;
- legal form, i.e. form of organization or designation of entrepreneur;
- code of core activity;
- data on the person authorized to represent, and restrictions of his/her powers;
- registered capital;
- shareholder’s share and contribution;
- appraisal of the value of non-cash contribution or certificate of the competent authority of the subject of registration on the appraisal of the value of the non-cash contribution;
- memorandum of association;
- articles of association.
In addition to the above data, depending on the type of the subject of registration, the Register shall also contain data on:
- shareholders and founders of the subject of registration;
- cooperative members;
- director and members of the board of directors or executive board;
- chairman and members of the supervisory board;
- chairman and members of the board of directors.
In addition to the above data, the Register shall also contain other possibly existing data, in particular:
- abbreviated business name;
- business name in a foreign language;
- abbreviated business name in a foreign language;
- termination of entrepreneurial activity;
- data on the procurator;
- data on the manager and restrictions of his powers;
- data on the branch;
- detached place of business of sole proprietor;
- obligation to notarize the memorandum of association;
- data on liquidation, compulsory liquidation and bankruptcy;
- annotations;
- data on names, reserved in accordance with the law on the procedure of registration;
- data on calls, announcements and publication of a document registered pursuant to the law;
- mailing address;
- e-mail address;
- bank account numbers.
Registration Application is а submission for initiating the registration procedure. The Registration Application for the establishment of a business entity is a prescribed form (“JRPPS”) and is a mandatory form of the application for the establishment.
Other registration applications may also be submitted in the form of a submission, which must contain all the necessary elements for initiating the procedure. More on this is available in the section Instructions (at the moment only in Serbian).
Registrar is a natural person in charge of keeping the Register, appointed pursuant to the law governing the legal status of the Agency;
Registration Applicant is a person authorized to submit the Application. More on the authorizations for submitting the application is available in the section Instructions (at the moment only in Serbian).
Publication is the electronic display, on the Agency’s website, of data and documents that are subject to registration and recording, of decisions adopted in the registration and recording procedure, and data and documents that are not the subject to registration and recording but are published pursuant to regulations.
Excerpt of registered or recorded data is a public document containing registered or recorded data on a legal or natural person or the subject of registration or recording, reflecting its state at the moment of the excerpt's issuance.
Certificate is a public document confirming whether certain data item or document were registered or recorded, whether a register or records contain such a document, whether certain facts are contained in the registered or recorded documents or confirming the legal circumstances or consequences of registration or recording.
Record is a single, central electronic base of data and documents prescribed as the subject-matter of recording and of documents on the basis of which recording has been effected.
Annotation is the entry of data and documents that are the subject to mandatory annotation, pursuant to regulations, or the entry of data and documents that are assessed by the Registrar as facts of relevance for legal transactions.