5 reasons to start a business in Serbia

Why to start a business in Serbia? The labour market Most people in Serbia speaks English, which helped Serbia to be a country of choose for many international firms who are able to provide services remotely. If you are operating an IT business, then you will have access to a pool of young and talented [...]

Differences between representative office of foreign legal entity, branch of foreign legal entity and limited liability company in Serbia

What are differences between representative office of foreign legal entity in Serbia, branch of foreign legal entity in Serbia and limited liability company in Serbia? Representative office of foreign legal entity (company) in Serbia It is registered based on decision of the competent authority of a foreign company Representative office doesn't have status of legal entity, but represents [...]

Differences between company (LLC = DOO in Serbian) and entrepreneur (sole proprietor = sole trader = preduzetnik) in Serbia

What are differences between LLC and entrepreneur (sole proprietor) in Serbia? 1. Responsibility for obligations Entrepreneur guarantees for  entrepreneurs obligations (possible debts) with whole his property, unlimited. He is also responsible for tax liabilities with the property of household members. The LLC does not guarantee for LLC's obligations with the personal property of the owner, [...]

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