A joint stock company in Serbia is a legal entity and it can be established by Serbian Company Law. One of our company formation specialists in Serbia is at your disposal with information about the formalities involved and can manage the procedures from the start. In the following lines, you can read about how to open a joint stock company in Serbia and some of the services provided by our team of experts.
As in the case of any business structure, the joint stock company in Serbia must be aligned with the current legislation of this country. Thus, the following procedures are important:
We specify in this sense that at least one shareholder is needed to open a joint stock company in Serbia, without any restrictions regarding his or her residence. You can discuss more about company formation in Serbia with one of our local representatives.
One of the procedures related to opening a joint stock company in Serbia is the bank account. The representative of the respective company must present the documents required by the bank and complete certain standard forms. A bank account for a joint stock company in Serbia can be opened relatively quickly if all the procedures are followed, as well as the formalities. You can opt for our services to represent you when you want to open a joint stock company in Serbia and implicitly a bank account for this company.
Yes, just like other structures, it is necessary to obtain a tax ID or tax identification number before carrying out activities as a joint stock company in Serbia. This number can be issued when the joint stock company in Serbia is registered and receives a dedicated number at the time of establishment.
A joint stock company in Serbia must have an appointed management body. Here are some of the responsibilities:
When opening a joint stock company in Serbia, you must take into account the fact that certain documents must be translated, notarized, and legalized. Corporate decisions of foreign companies and documents issued from foreign agencies that are presented at the opening of a joint stock company in Serbia can be documents that must be translated and legalized. Here are other aspects to take into account in this regard:
Therefore, if you want to set up a company in Serbia, especially a joint stock company, you should consider the above formalities. We remind you that the procedures related to company incorporation in Serbia, including for this type of structure, come under the attention of our specialists.
In addition to those mentioned above for opening a joint stock company in Serbia, you must know that at least 1 director is needed, and just like in the case of shareholders, he does not have to be resident in Serbia.
The registration procedure of a joint stock company in Serbia can be done by a Serbian lawyer, authorized by the shareholder. However, you must bear in mind that the director of the company can be requested, with a physical presence, for post-registration formalities of a joint stock company in Serbia.
Joint stock companies in Serbia must comply with the legislation about audits. In this sense, public joint stock companies are the subject of the audit, and this procedure must be carried out by an external auditor.
Also, related to this topic, you should know that joint stock companies with incomes exceeding EUR 4.4 million must have an audit that helps in the preparation and filing of annual financial statements.
15% is corporate income tax for local joint stock companies in Serbia and calculated on taxable profits. It is good to know that 20% is the withholding tax rate for dividends paid to non-resident shareholders of joint stock companies.
Below are some data about the economy of Serbia:
You can opt for the services offered by our accountants in Serbia if you want to set up a joint stock company in this country. Please contact our company formation agents in Serbia for extra details about the procedures involved and related formalities for joint stock companies.