The Company law stipulates that, when establishing a company, the signature(s) of the founder(s) needs to be notarized. This can be performed in the office of a notary public.
Submit your application to register to the BRA
The LLC registration procedure is done in the BRA via a one-counter registration system, which enables that the LLC, along with registration, receives:
- Tax identification number (TIN)
- Health insurance number, issued by the National Health Insurance Fund (NHIF)
The procedure begins by filing the application for registration, with the accompanying paperwork, which may be done directly in the BRA’s seat in Belgrade, in BRA’s organizational units, or by mail. Either the founder or the person authorized by the founder submits the paperwork.
The deadline for filing the application for registration is 15 days from the effective date of the MoA. It is also required for the decision on the appointment of company’s representative and/or supervising committee to be registered in that period unless it is a part of the founding act.
Completing and Notarizing the OP Form
In order to be able to dispose of the funds on the bank account, which you would open in accordance with the following step, the so-called “OP form” needs to be completed, i.e. the form of notarized signatures of persons authorized for representation. You can download the form of the Internet, complete it easily.
After the OP form is completed, the company’s representative is required to sign it in the office of a notary public, and is then notarized by the notary public.
The founders often want to know how many times they will need to personally show up during the whole procedure of establishing a company. This is especially important for the those who are not staying in Serbia.
Therefore, the fact that the presence of the founder is completely avoidable, makes the whole procedures very convenient for everyone who is interested to go through this quickly. In fact, every step of the process can be completed by the lawyer empowered by the Power of Attorney, even the signing the Memorandum of Association if the lawyer is given a special Power of Attorney.