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Lawyer Milos Bojovic

Lawyer Milos Bojovic

Subotica, Serbia

Founded in 1984
50 people in their team
Lawyer Milos Bojovic was born in 1984 in Subotica.After graduating from law University in Novi Sad he begins his professional career as a law...
Serbian
English

About Business Law in Subotica, Serbia

Subotica, located in the northern part of Serbia, is a growing hub for various business activities, owing to its strategic location near the Hungarian border and its well-developed economic infrastructure. Business law in Subotica is primarily governed by the laws of Serbia, which provide a framework for establishing and operating businesses, protecting intellectual property, resolving disputes, and more. The city is conducive to both domestic and foreign investments, offering opportunities in sectors like manufacturing, agriculture, trade, and services.

Why You May Need a Lawyer

Businesses in Subotica, Serbia, can face a plethora of legal challenges that necessitate professional legal advice. Some common situations where you may need a business lawyer include:

  • Forming or dissolving a company

  • Drafting and reviewing contracts

  • Compliance with local and national laws

  • Handling disputes with employees or partners

  • Intellectual property protection

  • Tax and financial advisory

  • Securing permits and licenses

  • Managing mergers and acquisitions

  • Addressing shareholder issues

Having a knowledgeable lawyer can help you navigate the complexities of business law effectively and avoid potential legal pitfalls.

Local Laws Overview

Several key aspects of local law are particularly relevant to businesses in Subotica, Serbia:

  • Company Formation: Serbia offers several types of business entities, including Limited Liability Companies (LLCs), Joint-Stock Companies (JSCs), and partnerships. Each type has specific requirements for formation and operation.

  • Labor Law: Employers must comply with Serbia’s labor laws, which cover worker rights, employment contracts, termination conditions, and workplace safety regulations.

  • Tax Regulation: Businesses must adhere to Serbian tax laws, which include corporate income tax, value-added tax (VAT), and other applicable taxes.

  • Commercial Law: This encompasses various aspects such as contract law, sales of goods, and consumer protection laws.

  • Property Law: Includes rules on ownership, leasing, and real estate transactions.

  • Dispute Resolution: Various mechanisms, including arbitration and litigation, are available for resolving business disputes.

Frequently Asked Questions

What are the main types of business entities in Serbia?

In Serbia, the main types of business entities include Limited Liability Companies (LLC), Joint-Stock Companies (JSC), and partnerships. Each type has unique features and requirements related to formation, governance, and liability.

How long does it take to register a business in Subotica?

The time required for business registration can vary, but typically it takes around 7-10 business days to complete the registration process.

What taxes are applicable to businesses in Subotica?

Businesses in Subotica are subject to several taxes, including corporate income tax, VAT, payroll taxes, and local taxes. The rates and specific obligations can vary depending on the business structure and activity.

Do I need a license to operate a business in Subotica?

Yes, depending on the nature of your business, you may need to secure various permits and licenses from local authorities to operate legally.

What are the labor law requirements for businesses?

Labor laws in Serbia cover employee rights, work hours, payment, safety standards, and conditions for termination. Employers must ensure compliance with these regulations to avoid legal issues.

How can I protect my intellectual property in Subotica?

Intellectual property in Serbia can be protected by registering patents, trademarks, copyrights, and designs with the relevant government authorities.

What is the procedure for resolving business disputes?

Business disputes can be resolved through negotiation, mediation, arbitration, or litigation. Serbia has established legal frameworks for these processes, facilitating various methods of dispute resolution.

Are there any incentives for foreign investors?

Yes, Serbia offers several incentives for foreign investors, including tax benefits, subsidies, and grants aimed at attracting foreign investment to boost the local economy.

Can a foreigner own a business in Serbia?

Yes, foreigners are allowed to establish and own businesses in Serbia, subject to compliance with local laws and regulations.

What are shareholders' rights in a Serbian company?

Shareholders in Serbian companies have various rights, including voting on key issues, receiving dividends, and accessing company information. These rights are governed by the company’s articles of association and national laws.

Additional Resources

Here are some useful resources for anyone seeking legal advice in business matters in Subotica, Serbia:

  • Serbian Business Registers Agency (SBRA) – Responsible for company registration and other business-related services.

  • Ministry of Economy – Provides information on economic policies, incentives, and support for businesses.

  • Serbian Chamber of Commerce – Offers support, resources, and networking opportunities for businesses.

  • Local Bar Association – For finding qualified business lawyers in Subotica.

  • Development Agency of Serbia – Assists with investment opportunities and business development.

Next Steps

If you require legal assistance in business matters in Subotica, Serbia, consider taking the following steps:

  1. Determine the specific legal issues you need help with.

  2. Research and contact a qualified business lawyer experienced in Serbian law.

  3. Gather all relevant documents and information related to your business.

  4. Schedule a consultation to discuss your legal needs and explore potential solutions.

  5. Follow your lawyer’s advice and take necessary actions to ensure compliance and protect your business interests.

Seeking legal counsel early can prevent costly mistakes and ensure that your business operations in Subotica run smoothly.

Disclaimer:
The information provided on this page is intended for informational purposes only and should not be construed as legal advice. While we strive to present accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or currentness of the content. Laws and regulations can change frequently, and interpretations of the law can vary. Therefore, you should consult with qualified legal professionals for specific advice tailored to your situation. We disclaim all liability for actions you take or fail to take based on any content on this page. If you find any information to be incorrect or outdated, please contact us, and we will make efforts to rectify it.