Corporate Law

Other areas of expertise:

In today’s business environment, defined by dynamic market competition, globalization, and rapid regulatory change, corporate law provides the key foundation for secure and sustainable company growth.

Whether we are speaking about early-stage startups, family businesses expanding into new markets, or large multinational groups operating across multiple jurisdictions, legal support in the field of corporate law is an essential condition for successful operations.

Companies face numerous challenges today, from increasingly strict regulatory requirements and complex M&A transactions to restructuring and digital transformation. At the same time, the global market brings many opportunities for expansion, investment, and joint ventures. That is precisely why quality legal advice becomes the factor that makes the difference between successful operations and unforeseen risks.

The corporate law team at Zunic Law offers comprehensive legal support based on more than three decades of experience working with companies of various sizes and structures. Our mission is to provide clients with certainty, efficiency, and predictability in all stages of operations and transactions, whether dealing with everyday operational issues or strategic business decisions.

Why Zunic Law for Corporate Law?

Experience and expertise – over 30 years of experience in complex business transactions, mergers and acquisitions, reorganizations, and advising multinational companies.
End-to-end approach – we provide support at all stages of the business cycle: from incorporation and capitalization, through growth and expansion, to restructuring and liquidation.
Local and international law – we cover the Serbian legal framework as well as international standards and regulations, which is crucial for globally active companies.
Practical solutions – we focus on what is commercially sustainable and feasible, without unnecessary legal formalism.
Innovation in legal practice – we use technology, including AI-based tools, to speed up processes such as due diligence and provide clients with more efficient and reliable legal support.
Personalized approach – every client has a dedicated point of contact available for advice and support at any time.

Our Approach: The Legal Framework as the Basis for Business Success

We believe that rules and regulations should not be an obstacle but a tool for building a secure and sustainable business model. Our team carefully analyzes clients’ goals and needs, building legal structures that enable secure operations, attract investment, and support long-term growth.

In working with clients, we strive to be a strategic partner – not just an external advisor. This means we invest time to understand the business model, industry, and development plans. In this way, legal recommendations are not abstract but are concretely directed toward achieving business objectives.

Key Corporate Law Practice Areas (Overview)

General advisory and regulatory matters
Corporate governance
Mergers and Acquisitions (M&A)
Legal due diligence
Company carve-outs and spin-offs
Joint Ventures
Corporate tax advisory
Capitalization and business financing
Loan agreements and negotiations with financial institutions
Damages and liability in business
Banking advisory
Restructuring, liquidation, and insolvency

Below are details by area, with an emphasis on concrete results we deliver.

1) General Advisory and Regulatory Matters

We provide ongoing advice to management regarding day-to-day business decisions and their regulatory compliance.
We draft internal acts, bylaws, and procedures so companies have clear operational guidelines.
We monitor legislative changes and inform clients about new obligations and opportunities affecting their business.
We advise on the rights and obligations of shareholders, directors, and other corporate bodies.
We provide support in relations with state authorities and regulators.

Result: legal certainty and predictability in daily operations, avoiding non-compliance and sanctions.

2) Corporate Governance

We define rules, practices, and procedures governing company management.
We establish mechanisms for management oversight and control.
We advise on implementing good corporate governance standards in line with domestic and international practice.
We help protect the interests of minority shareholders and founders.
We develop structures that ensure transparency and accountability in business decision-making.

Result: professional governance that boosts investor confidence and enhances company reputation.

3) Mergers and Acquisitions (M&A)

We provide legal support throughout the entire merger or acquisition process.
We advise on selecting the optimal transaction structure and the legal consequences of each option.
We prepare contracts, agreements, and all documentation required to complete the transaction.
We assist in negotiations with shareholders, creditors, and regulators.
We analyze M&A-related risks and propose mitigation strategies.

Result: successfully executed transactions that deliver growth and expansion while minimizing risk.

4) Due Diligence Analyses

We conduct detailed legal analyses of the target company prior to purchase or investment.
We review contracts, assets, employment matters, tax obligations, and other key business aspects.
We identify potential legal and financial risks.
We propose measures to eliminate or mitigate them.
We use modern technological tools for faster and more precise document analysis.

Result: a clear and complete picture of the target’s business, enabling informed investment decisions.

5) Company Carve-Outs and Spin-Offs

We advise on the legal and tax implications of splitting or carving out parts of a business.
We prepare all acts required to carry out the reorganization.
We support management in communication with employees, shareholders, and public authorities.
We define the legal framework for transferring assets, liabilities, and employees to newly formed entities.
We assist with filing changes in the relevant registers.

Result: efficiently executed reorganizations that ensure business continuity and clear allocation of responsibilities.

6) Joint Ventures

We structure and negotiate joint venture agreements.
We define the rights and obligations of all participants.
We establish mechanisms for profit distribution and cost sharing.
We advise on protecting intellectual property and trade secrets within the JV.
We regulate exit routes and dispute-resolution mechanisms.

Result: stable and legally protected partnerships enabling secure development of new projects.

7) Corporate Tax Advisory

We analyze the tax consequences of business decisions and transactions.
We assist in planning tax-efficient business structures.
We advise on taxation in cross-border operations.
We prepare companies for tax audits and proceedings before tax authorities.
We identify opportunities to use tax incentives and reliefs.

Result: tax optimization that reduces operating costs and supports long-term stability.

8) Capitalization and Business Financing

We assist with share capital increases and issuances of new shares or interests.
We advise on various financing models—equity, debt, venture capital, and private equity.
We structure agreements with investors and safeguard founders’ interests.
We analyze the legal effects of capitalization on shareholders and the company.
We prepare documentation for filing changes with the registers.

Result: a stable financial base for further growth and protection of all stakeholders’ interests.

9) Loan Agreements and Negotiations with Financial Institutions

We draft and negotiate loan agreements and other financing arrangements.
We advise on types of security required for financing.
We analyze obligations arising from agreements with banks.
We assist in restructuring existing debt obligations.
We protect clients’ interests during negotiations with creditors.

Result: favorable, clearly defined financing arrangements that do not jeopardize long-term liquidity.

10) Damages and Liability in Business

We advise on the duties and liabilities of board members and directors.
We represent companies in damages proceedings.
We prepare internal procedures to reduce the risk of disputes.
We analyze contractual obligations to prevent potential conflicts.
We negotiate out-of-court settlements to reduce costs and reputational risks.

Result: reduced legal and financial risks while preserving business reputation.

11) Banking Advisory

We advise on regulatory issues related to banking and financial services.
We assist companies in negotiations with banks and financial institutions.
We regulate relationships with payment institutions and financial service providers.
We support the development of fintech business models and their legal aspects.
We analyze compliance with payment services and foreign exchange laws.

Result: legal certainty in cooperation with the banking sector and stability of financial operations.

12) Restructuring, Liquidation, and Insolvency

We provide advisory support when a company faces business difficulties.
We prepare restructuring plans and negotiate with creditors.
We represent clients in liquidation and insolvency proceedings.
We advise on transferring assets and liabilities during liquidation.
We help protect the rights of shareholders, employees, and creditors during crisis processes.

Result: effective resolution of crisis situations while preserving value and the interests of all stakeholders.

What Collaboration with Us Looks Like

Discovery workshop – we analyze the client’s business model and goals.
Compliance assessment – we identify regulatory and legal risks.
Implementation – we prepare contracts, internal acts, and transaction structures.
Operational support – we provide continuous advice and representation before regulators and courts.

Examples of Completed Projects (Non-Confidential)

M&A transaction – advising an international company on the acquisition of a Serbian startup.
Family business restructuring – separation of business lines and transfer of ownership.
Joint Venture – establishing a JV between a domestic and a foreign company in the IT sector.
Liquidation – conducting the liquidation procedure for a company that ceased operations.

Vitomir Žunić

Nemanja Žunić

Marija Medić Racić

Anja Berić

Kristina Jevtić

Frequently Asked Questions (FAQ)

1. Do small businesses need a corporate lawyer?

Yes. Although corporate lawyers are often seen as serving only large companies, small and medium-sized enterprises face equally important legal issues.

These include company formation and choosing the appropriate legal form, drafting and aligning contracts with partners, regulating capitalization and investments, as well as complying with tax obligations and regulations.

In addition, the management of small companies bears legal responsibility, so legal support is important to prevent mistakes that could lead to personal liability for directors or founders. Timely legal assistance helps small firms avoid costly disputes and build a stable foundation for growth.

2. How long does a merger or acquisition take?

The timeline depends on several factors, including transaction size, business complexity, and regulatory procedures. Smaller transactions can be completed within a few months, while larger and more complex deals typically take up to a year or longer.

The process includes several phases: negotiations between the parties, due diligence, drafting and aligning transaction documentation, obtaining regulatory approvals, and final implementation steps.

The speed and success of the transaction often depend on how well the legal and financial aspects are prepared in advance and how effective the coordination is among all parties involved.

3. What does a due diligence review involve?

Due diligence is a detailed legal, financial, and tax review of the target company conducted before an investment or acquisition decision.

Legal due diligence examines constitutional documents, contracts, corporate records, asset status, employment matters, regulatory compliance, and potential litigation.

Financial due diligence includes analysis of statements, liabilities, and credit arrangements, while tax due diligence assesses risks related to taxes and contributions. The goal is to identify risks and obligations that could affect the company’s value or the investor’s decision.

The result is a detailed report enabling clients to negotiate from an informed position and reduce the risk of unpleasant surprises after closing.

4. Does Zunic Law represent clients in international transactions as well?

Yes. Our team has significant experience handling cross-border transactions and business arrangements. In such cases, we often cooperate with partner firms across Europe and worldwide to provide comprehensive support in multiple jurisdictions.

This includes aligning local rules with international standards, coordinating multi-country due diligence, and drafting documentation that must be valid in different legal systems.

In this way, we enable clients to successfully execute investments and acquisitions outside Serbia, with the assurance that their interests are legally protected.

5. What happens if a company faces financial difficulties?

When a company encounters financial distress, it is crucial to act quickly to prevent more serious consequences.

Our team supports negotiations with creditors for debt reprogramming, helps prepare and implement a restructuring plan, and advises on options available under insolvency and liquidation laws.

In some cases, the goal is to stabilize the company and continue operations; in others, a controlled liquidation must be organized with minimal losses for owners and creditors.

We pay special attention to the responsibilities of directors and board members to avoid personal consequences arising from improper management.