Types of Serbian Companies

According to Serbian law the same regulations for company establishment apply to foreign and Serbian entrepreneurs. One can chose between the four main types of companies, Joint Stock Company (a.d.), Limited Liability Company (d.o.o.), Limited Partnership (k.d.), and General Partnership (o.d.), having the advantage of a rapid registration process.

a) Serbian Joint Stock Company (a.d.)
A joint stock company in Serbia is founded by one or more legal or physical persons known as shareholders, having a joint purpose of developing business at a large scale. The initial capital is determined by shares that can be monetary or non-monetary. The Serbian Joint Stock Company is fully liable for with its entire property for its obligations and debts.

b) Serbian Limited Liability Company (d.o.o.)
A Serbian Limited Liability Company is founded by a minimum of one natural or legal person, and a maximum of 50, who work together under the same name for the same purpose, of growing their business. A LLC must submit a minimum of € 500 required capital and at least half of that must be paid prior to registration. The shareholders are liable to the company's obligations, only to the extent of their contributions, which can take any form, except physical labor. The shares can be transferred freely among shareholders.

c) Serbian Limited Partnership (k.d.)
This type of partnership is founded by at least two persons, the general and the limited partner. The difference between these two types of partners resides in the level of liability. The general partner has full liability to the obligations of the partnership, while the limited partner has a liability limited to the amount of contributions made to the partnership's capital. There is no minimum capital required.

d) Serbian General Partnership (o.d.)
The general partnership is formed by two or more persons who work together under the same purpose. The owners are fully liable to for any legal actions or debts of the company and have equal rights to managing the company and obtain gains as a result. Serbian law does not require initial capital for the partnership.