Corporate law · Employment law · Contract law
When the business outgrows the scope of the entrepreneurial activity, the transition to limited liability company (LLC) becomes a logical step. However, it is important to know that this process does not boil down to a simple change of form.
A decision is made on continuation of activity in the form of LLC, which is the legal basis for deleting a sole trader and establishing a company.
A limited liability company (DOO) is established in the standard way – memorandum of association, director, share capital (minimum 100 RSD) and registration with the Business Registers Agency (APR).
The entrepreneur must obtain certificates confirming that they have no outstanding tax liabilities (national and local).
A single application is submitted, which deletes the entrepreneur and establishes a DOO.If the documentation is in order, the procedure takes a few working days.
During the transfer procedure, the following are paid:
The total costs are slightly higher than standard LLC incorporation, but they are still relatively low.
PM Law Firm can carry out the entire procedure of converting from a sole trader to a limited liability company (LLC) – quickly, without risk and with complete legal certainty.
Important: continuation through a newly established LLC 5 days Contact us How to establish a company in Serbia How to become a lump-sum entrepreneur Change of registered office of a company
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