Business Law office - advokatska kancelarija

1) Our Law Office is specialized in field of domestic commercial & corporate law, having significant experience in providing legal consultancy services to foreign companies operating in the Republic of Serbia.

Representing begins from the first stages of formation and / or negotiation with domestic partners or investors.

After the start of cooperation with our law firm, the main advantage to foreign natural persons and legal entities is that we shall offer complete range of legal, tax, bookkeeping & real estate services in just one place.

Here are some general examples of business and law services we provide to foreign investors:

- establishing of corporations,

- drafting of business/partnership contracts,

- corporate meetings, assemblies, etc.,

- shareholder rights and transactions between owners, agreements on joint ventures,

- tax preparation service and planning, including bookkeeping and accounting services.

b) The type of the most popular and crucial companies could be established in Serbia:

Upon client’s or your direct request, we can provide you with comprehensive and detailed explanation of the procedure for establishing of a limited liability company (DOO: Serbian equivalent of LLC), in accordance with Serbian regulations, as well as more information about our Office and potential legal services that we can provide.

However, having in mind the limitations of liability, small founding capital requirement (EUR 1,00), broad scope of possible business activities (banking and providing insurance being the notable exceptions) as well as relatively simple foundation and corporate decision-making procedures, a limited liability company remains the favoured legal form for conducting business.

Kindly note that, pursuant to the Serbian law, it is also possible to establish other types of legal entities such as: partnership (Serbian: Ortakluk) or a joint stock company (Serbian: Akcionarsko društvo) and also representative office (Serbian: Predstvništvo) which has a non-residential legal status. Additionally, please note that companies may opt to conduct business through a "Branch office" company (Serbian: Ogranak), instead of establishing a subsidiary in Serbia.

We also have a special offer - everything in one place under a "service package". Law office provides a close assistance and active counselling to emerging companies and start-up procedures which include a wide range of important services - business, commercial & tax law, at one place by engaging our partners.

For example, we offer legal support and assistance during establishing of a company: by finding and providing temporary or long-term company business address (seat) in synergy with our partner accounting company.

c) Of course, after the registration is finished, we can provide "day-to-day" legal and tax advices, by concluding a long-term cooperation agreement on monthly retainer basis. Legal fees in connection with potential signing of the contract on legal representation in Serbia.

With this type of legal service the client get one of the major benefits by hiring a team of lawyers tasked with all legal aspects of this legal activity 24/7/365:

Mediation in various business arrangements, negotiation and preparation of draft agreements with your future business partners;
Representation in proceedings for obtaining various types of licenses/approvals from different state authorities (state inspections and other authorities);
All necessary legal logistics in regards to public procurement procedures, public tenders and auctions;
We offer other advices, legal support in dealings with public authorities and regulators.
Preparation of labour agreements, cancellation of labour contracts;
Employment contracts and employee relations, contracts with managers, general managers, cancelling and labour rights;
Procedures, security rules, limitations for successful management and monitoring of director’s activities;
Authorization and limitation of a managing director, employees, etc.;
Representation in all possible inspection, court, tax and/or administrative proceedings;
Litigation proceedings – representation in different court cases;
Regulation acts needed in accordance with the Serbian Law (General Act on Health and Safety at Work, Fire Protection, Job Positions Systematization, Code of Conduct);
All statutory acts and agreements regarding employment and labour relations;
Contract interpretation, including breach of contract and enforcement, corporate matters, including shareholder disputes;
Commercial disputes, breaches, enforcements and debt collections.

d) Special services and consultancy for regulating legal status of foreigners in the territory of the Republic of Serbia

Complete regulations in regards to foreigners and their legal immigration status in Serbia, including: entry visas, residential business visas and working permits for foreign applicants. Registration of foreign and domestic employees, applying and requesting the residence permit and employment licenses for foreign employees.

e) Our Law firm provides offshore business services in all major offshore financial centres. We assist foreign investors in selecting appropriate jurisdictions four their business goals and purposes.

2) BUSINESS LITIGATION SERVICES

When your negotiations fail, and the only option is to go to court, you get business litigation attorneys who perfectly know their way around Serbian courtrooms.
Our commercial trial attorneys are experienced in litigation and are ready to defend and protect your interests in the court if your company is involved in a lawsuit.
You may see on our website a large number of domestic and intentional companies which we previously represented and represent now before Serbian commercial and arbitrage courts.
Whether your business is involved, or you receive a claim - our commercial attorneys at law will fight for your interest before the court (commercial court or arbitrage appointed trial).
We are drafting commercial agreements and as needed represent our clients in court litigations, arbitration proceedings and other forms of disputes: trial courts, labor courts, administrate & tax tribunals, arbitration or Supreme Court of Justice.
However, when appropriate, our attorneys also seek ways to resolve cases more efficiently via alternative methods, such is the mediation.

Areas of court litigation and dispute resolution:

- Commercial & corporate law
- Business law
- Mergers and acquisitions
- Labour and employment

Our team of legal experts provides a wide range of general corporate legal services for foreign clients. Among them are those relating to corporate law issues, labor issues, financing, real estate, and intellectual property issues.

The main purpose of our Law Office is also to ensure that our clients run their business smoothly, by complying with all the requirements of local law, rule out any unnecessary risks, and help to achieve their set business objectives as efficiently as possible.

We always implement concrete and practical solutions for our clients, looking for legal assistance for their business.

We represent client's interests and rights before governmental and administrative bodies, judicial and legal institutions, law enforcement authorities, companies, corporations, other organisations, individuals. We ensure the safety of your business and protection of commercial information.

We are Serbian Law Office specialized in business & corporate law and handling of debt collection cases in Serbia.

We developed an expertise in this area and have so far cooperated with a significant number of domestic and international companies.

Sometimes, pre-judicial activities are not sufficient for debt collection, so we developed an expertise through court proceedings and have almost 20 years of experience in this sphere.

Our law practice usually involves two possible ways for collecting receivables on behalf of the client – first through pre-judicial procedure and then through the court procedure:

1. Pre-judicial (out-of-court) procedure:

Our Law Office would be obliged to initiate pre judicial procedures against the debtors which includes the following legal steps:

attorney warning letters through which the debtor is notified that the legal claim against him would be filed to the competent court;
negotiations with the debtor in order to reach a peaceful settlement of the dispute;
telephone calls to the debtor;
meetings with the debtor in order to determine the debt payment plan if the settlement is reached;
drafting of settlement agreements.

Law Office would also be obliged to undertake all other possible legal steps, and methods, to influence the debtors to reimburse their debts.
Firstly, we are able to collect company information so, that your may assess business risks in dealing with Serbian companies.

Further, we are able to provide you with a report on financial status of the debtor which may help you to decide whether it is feasible to pursue the debt collection at all.

In case our office reaches the settlement agreement with the debtor, it would be entitled to receive the percentage of the collected debt amount from the client in following manner:
Legal fees will be based on collected amounts and according to the separate agreement on reward based on success.

Of course, this is our general offer, but concrete percentage price list of possible debt recovery amount rewards depend on the number of cases handled.

Clients should also be aware of the fact that we will charge you separately for the legal work covering daily expanses and the time spent on cases. This is different from the case fees and these costs can sometimes be included and sometimes excluded from daily working fees.

Finally, if the debtor, after undertaking all legal action described in this point, still refuses to pay the receivables, than our Law Office can file the claim before the court against such debtor, and start the second phase – Court Litigation.

If your company has a client with claims against the debtor/legal entity in Serbia, we would be pleased to offer you our legal representation in collection procedure to obtain a court decision and enforce judgment.

Our Law Office would conduct the complete analysis of the documentation submitted by the client and inform the client if the court case can be successfully initiated.

a) For the beginning of cooperation, during this phase, we will need to collect information and documents for our legal analysis:

- the subject of business deal with the debtor,

- full information about the present formal status of the debtor (business name, company address, tax number, directors or managers, telephone, etc...)

- documentation we need for analysis: invoice(s) or contract(s); customs delivery documents, declarations, etc.

- any written documents from the debtor which confirms existing obligations,

- total debt amount, etc.

- debtor’s financial and liquidity status shall be verified in accordance with the above-mentioned information.

Therefore, we could immediately start with cooperation upon receiving above-listed documentation.

We can also provide you with the approximate costs of court proceedings, etc.

Client would be obliged to pay all court expenses, including: court taxes, official sworn court interpreter, and judicial expert costs if required, including our fees.

The Law Office is obliged to provide client with the proof of payment of the above stated costs.

If the Court decision is in favor of the client, we will collect from the client’s side, along with the amount of the collected debt and interest, as well as costs (expenses) given and stated in the final court decision.

b) After receiving positive court decision our Law Office would initiate the appropriate enforcement proceedings before the competent court, which is necessary in case the debtor does not pay the debt voluntarily within the deadline given in the court decision.

After we obtain the enforcement resolution the court proceedings are officially over and the stated resolution is being enforced by the court by blocking the account of the debtor or seizure of assets, and transferring the money from the account of debtor to the account of the client.

In case we succeed in court proceedings and we obtain a positive court decision after which the client’s receivables are reimbursed in total, than our Law Office is entitled to an attorney reward in the amount (success fee) which shall be separately agreed with the client in each individual case.

This success reward shall represent a normal and standard fee percentage based on the percentage of the total debt recovery amount, while in regular procedure court fees must be paid immediately upon initiation of the court phase.

If you have any questions or need additional details do not hastate to contact us.