Business Law Attorney
Legal Support in Daily Business Operations
Within the field of business law, law firm Rako provides continuous legal support to business companies, entrepreneurs and other legal entities in daily business operations. The practice is focused on practical application of legal norms that regulate the establishment, organization, changes and termination of business entities, as well as on legal security in contractual and business relations.Establishment of Business Entities
One of the frequent segments of work includes establishment of legal entities before the Business Registers Agency (APR). In this context, assistance is provided in choosing the most adequate form of organization (LLC, sole proprietorship, limited partnership, joint stock company or entrepreneur), complete documentation required for registration is prepared, and the client is guided through the entire process – from conceptualizing the founding act to adoption of the APR decision.Registration of Business Changes
The attorney also provides services for registration of data changes – whether it concerns changes of founders, representatives, headquarters, activities or other relevant data, with preparation of complete accompanying documentation.Drafting and Analysis of Business Contracts
In daily legal practice, a significant part consists of drafting and legal analysis of business contracts, which represent the foundation of every stable legal relationship in business. Depending on the client’s needs, contracts for sale, lease, services, business-technical cooperation, distribution, confidentiality are drafted, as well as numerous other documents that regulate mutual rights and obligations in business relations. Special attention is paid to precision of formulations, compliance with positive law and protection of client interests in case of potential dispute.Representation in Business Proceedings
The attorney also represents business entities in relations with other legal entities, as well as in proceedings before banks, public notaries, state authorities and, when necessary, before commercial and other courts. Representation may include conducting negotiations, harmonizing contractual terms, drafting correspondence, as well as initiating and conducting litigation and non-litigation proceedings.Mission: Legal Security of Business
Law firm Rako approaches with the goal of ensuring legal security of business and efficient resolution of legal issues that accompany the dynamic and often unpredictable business environment.Frequently Asked Questions about Business Law and Legal Entity Operations
Below are answers to the most common uncertainties that clients have regarding the establishment, operations and legal protection of legal entities and entrepreneurs in Serbia.Legal entities are established by submitting a request to the competent Business Registers Agency (APR), along with the attached necessary documentation such as the founding act, decisions, copies of personal documents and any necessary consents. The establishment process includes company registration, obtaining a registration number and tax identification number.
In the Republic of Serbia, the following types of legal entities can be established: limited liability company (LLC), joint stock company (JSC), limited partnership (LP), general partnership (GP) and entrepreneur (entr). Statistics show that limited liability companies and entrepreneurs are most commonly established.
Legal entity business operations involve a wide range of contracts, however the most commonly encountered are sales contracts, founder loan agreements, loan contracts, lease agreements, service agreements, business-technical cooperation agreements, confidentiality agreements (NDA) and representation agreements.
Disputes can be resolved out of court (through negotiations, agreements or mediation) or through court proceedings. An attorney can represent legal entities in litigation and non-litigation proceedings before competent courts.
Legal entities must regularly monitor and align their business operations with laws and regulations, which includes drafting and reviewing contracts, internal documentation and compliance with tax and other legal obligations, in which legal entities often engage the assistance of attorneys.
An entrepreneur is established through a registration and establishment procedure before the APR, by submitting personal data and founding documentation.
An entrepreneur is obligated to keep business books, pay taxes, mandatory insurance and fulfill other legal requirements according to the type of activity.
In case of breach of contractual obligations, parties may demand compensation for damages, contract termination or other legally permitted steps before court and other state authorities, which can be provided through representation proceedings by an attorney in accordance with the law.
Data changes are registered before the APR by submitting the necessary documentation, such as decisions on changing headquarters, founders, activities or other data.
Engaging an attorney is not mandatory, but in order to avoid complications and oversights it is advisable to engage an attorney when establishing a legal entity (LLC, JSC, GP, LP, entrepreneur), drafting and reviewing contracts, resolving disputes, as well as in all legal matters that require professional knowledge and familiarity with legal regulations.
If you need consultations in the field of business law, you can schedule a meeting or consultations by contacting via phone, e-mail or through the website, in order to receive legal assistance according to your needs in the field of business law and operations.