What are the steps and how long does it take to open a company (LLC) in Serbia, open bank account and do all obligatory procedures related to company formation in Serbia?

Steps required before coming to Serbia

Before coming to Serbia, we usually agree all details with the client. It means, client should fill the form for LLC registration in Serbia. You can see the form here.

After that, we confirm you availability of the name of the company which you proposed.

Before you come, we should schedule the time when you will take over digital signature in E-smart systems – company that is providing digital signatures.

After that, you can come to Serbia in order to register a firm. Below you can see the activities which will be done in process of company formation in Serbia.

1st day of company formation process in Serbia

2 working day usually lasts company registration in Serbian Business Registers Agency (SBRA). It means that from day when documents are delivered to the Serbian Business Registers Agency (SBRA) to day when SBRA publish decision about company registration, it usually pass 2 working days.

On the 1st day, first step is that you go to pick up digital signature in E-smart systems – company that is providing digital signatures. After that, you should come to our office to digitally sign documents for registration of the company.

After you signed documents, we submit it via Internet to Serbian Business Registers Agency.

On website of Serbian Business Registers Agency we are following the status of the case and how it is processed.

Usually SBRA finishes registration in 2 working days, but it can take up to 5 working days.

(Probably) 3rd day – Firm is registered. We make stamp (not obligatory), apply for bank account opening, make headquarter rental agreement, sign documents for Tax administration and Local tax administration

On third day, Serbian Business Registers Agency will publish on its website that company is registered. After that, we will make stamp of the company, he will sign documents for Tax administration and Local tax administration, and he needs to sign rental agreement for headquarter of the company. We can provide you with heardquarter of the company (virtual office).

…

Can’t say what day – Bank makes decision do they accept to open bank account

Depending on the speed of the bank in processing the documentation, the bank informs you if they accepted to open the bank account. If they accepted, director of the firm should go to the bank to sign the documentation.

When the bank opens an account for your company, the Tax Administration completes the registration in the VAT system if you decided to register the company in the VAT system.

We perform activities related to the submission of applications to the Tax Administration and the Local Tax Administration.

…

Around 10 days after bank account opening – Ebanking is made. You take it, or we take it and send it to you via Fedex

The bank has made ebanking for your company and you can go to the bank to pick it up. If you are not present in Serbia to pick up ebanking, in most banks we can pick up ebanking for you and send it to your address abroad. Some banks allow us to pick up your ebanking by Power of Attorney which is not notarized, while other banks ask for notarized Power of Attorney for picking up ebanking.

If you have any questions, don’t hesitate to contact us.