How to Start a Business

STARTING A BUSINESS

Documentation is required to be submitted to the Business Registers Agency – Regional Centre Subotica.

Address: Trg Lazara Nešića 3

Telephone: +381 24 555 100

Documents needed: 

1.    Uniform registration form
2.    Proof of identity of the founder (photocopy of ID or passport)
3.    Notarised Articles of Association (memorandum or agreement), with certified founders’ signatures 4.    Bank deposit slip confirming a deposit of 250 EUR on a temporary account – expressed in euro

       and showing dinar equivalent on the day of payment (additional 250 euros within a period of two 

       years from the date of registration) 
5.    Decision on appointment of representative if one is not prescribed by the Articles of Association 6.    Certified signature of the representative
7.    Proof of payment of registration fee  
8.    Proof of payment of fee for obtaining a registration number,

Notes for investors:
 -   documents certified by an authorised foreign notary (from investor’s country of origin) must have

      Apostille attached to them
-    documents submitted in a foreign language must include written Serbian translation certified by a  

      court appointed interpreter.   

Registration fee: 3 600.00 RSD
Fee for obtaining a registration number: 1 750.00 RSD

Registration forms and payment instructions can be obtained in the Business Registers Agency or downloaded from the Agency’s website www.apr.gov.rs/eng

By registering with the Business Registers Agency, legal entities obtain: 
-    registration number 
-    VAT number (if conditions for VAT registration are met)

After registration, the Business Registers Agency automatically delivers necessary information to: 

-   The Disability and Pension Fund
-   Republic Institute for Health Insurance (information necessary for contribution payers’ registration)

After obtaining a registration certificate, the next steps to starting a business are: 
-    creating a seal
-    opening a permanent bank account.