The Law on Amendments to the Company Law entered into force on 9 June 2018 introducing new forms of business entities within the legal system of the Republic of Serbia. This Law also covered and regulated the legal status of the European Stock Corporation and the European Economic Interest Grouping, and established rules for cross-border mergers and acquisitions of capital companies from different countries, as a form of cooperation under the European Union framework.
The implementation of the aforementioned provisions was initially planned for 1 January 2025. These legal solutions would allow cross-border status changes for companies registered in Serbia, with the goal of encouraging cooperation and business at the supranational level. In this regard, the establishment of the European Corporation would allow businesses operating across multiple countries to be registered as a single entity.
However, the provisions and legal solutions mentioned above will not be implemented on 1 January 2025, as originally planned. Instead, on 22 November 2024, the Government of the Republic of Serbia adopted a proposal for the Law on Amendments to the Company Law, which would delay the implementation of provisions related to cross-border mergers and acquisitions of capital companies from Serbia with companies from the European Union, as well as the establishment of new forms of business entities, until 1 January 2030.
More information about this proposed law can be found on the official website of the Government of the Republic of Serbia.
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