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How to register a company

1.  Obtain register application. Registration forms can be purchased in bookstores or downloaded from web site of Serbian Business Registers Agency (APR) www.apr.gov.rs
    
Documents required:

  • Forms needed: RJR-1, OP, M1, M4, E1, Е3, OU, ROD1

Time needed: 1 day
COSTS TOTAL: 365 din

2. Verify the Act on the Establishment Ltd. In Municipal Court

Documents required:

  • Articles of Association of the company with certified signatures of the founders (for the registration of a single-member company, a decision on the establishment of the company shall be submitted, when there are several founders they shall submit an agreement on the establishment of the company).
  • Registration forms
  • The signatures of the founders in the Articles of Association must be certified in Municipal court
  • Copy of ID (or passport)

Time needed: 1 day
COSTS TOTAL: 2.600 din

3. Open the temporary bank account

Documents required:

  • Act on the Establishment submitted to the bank
  • Pay a deposit of 250 Euros initial capital, while the rest is to be paid in the period of two years since the founding of the society
  • After registration, the initial capital can be used for business     

Time needed: 1 day
COSTS TOTAL: free

4. Receive your registration from Serbian Business Registers Agency
     
Documents required:

  • Registration forms 
  • Act on the Establishment signed and ceritified in Municipal court
  • Decision on the appointment of the company representative, unless the company representative has been designated in the Articles of Association
  • Proof of identity of the founder (copy of ID or passport for a natural person and/or certificate from the register in which the legal entity is registered)
  • Certified signature of the representative– OP form
  • Confirmation of paid administrative costs     

Time needed: 3 days
COSTS TOTAL: 4.090 din

5. Seal
     
Necessary steps:

  • Provide a die-sinker with a copy of certificate of registration issued by the Serbian Business Registers Agency
  • Seals prices vary depending on the design and the number of characters

Time needed: 1day
COSTS TOTAL: 2.500 din

6. Obtain PIB (tax identification number) from local tax administration
     
Documents required:

  • Filled in the PIB form, with signature and stamp 
  • Copy of certificate of registration issued by the Serbian Business Registers Agency
  • Copy of notification of copetent authority for statistics on activities classification (code of activity) 
  • Certified signatures persons authorized for representation- 3 copies

Time needed: 10 days
COSTS TOTAL: free

7. Open the permanent bank account
     
Documents required:

  • Certified copy of certificate of registration in Commercial court 
  • Copy of Act on the Establishment
  • Copy of Statute 
  • Copy of notification of copetent authority for statistics on activities classification (code of activity)
  • PIB – only the residents
  • Sample signature – original
  • Contract on deposit
  • Application for opening the permanent bank account 
  • Copy of ID (or passport)
  • Certified signatures persons authorized for representation (OP form)

Time needed: 1 day
COSTS TOTAL*: 400 din

8. Sign in the employment contract with personnel - National Employment Service (NSZ)
     
Documents required:

  • Certified forms М1 (insurance) and old M1 (insurance and employment contract)
  • Certified form Е1 (application of free job position)
  • Certified form Е3 (employment conceiving)
  • Certified form РОД1 (contribution)
  • Work Contract and ID

Time needed: 1 day
COSTS TOTAL *: free

9. Confirmation from the Fund PIO
     
Documents required:

  • Certified form М1 (insurance)
  • Certified form M4(registration number of taxpayer and payments of contributions)
  • Certified form Е1 (application of free job position)
  • Certified form Е3 (employment conceiving)
  • Work contract

Time needed: 2 days
COSTS TOTAL *: free

10. Confirmation from the Heath Insurance Fund      

Documents required:

  • Health booklet
  • Confirmation of medical check  

Time needed: 1 day
COSTS TOTAL *: free

TOTAL TIME NEEDED: 19 days
TOTAL COSTS NEEDED: 9.995.00 din


Exchange rate
Source: National Bank of Serbia

 

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