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Increased Fees for Registration and Other Services of the Business Registers Agency

Increased Fees for Registration and Other Services of the Business Registers Agency

Serbia
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In the Official Gazette of the RS no. 131/2022 of November 29, 2022, the Decision on Fees for Registration and Other Services Provided by the Business Registers Agency was published, which regulates the type, amount and method of payment of fees for the registration procedure and other services provided by the Business Registers Agency in keeping registers and records (“the Decision”).

New fee amounts

Pursuant to the Decision, the amounts of fees for registration of incorporation, registration of data about registration subjects and notes, and registration of other data, deletion and bankruptcy data, as well as for other services, i.e., publication of documents and issuance of transcripts, excerpts and certificates, have been changed.

The subject changes concern registration in all registers and records maintained by the Business Registers Agency.

Namely, the respective fees have been increased, so for example:

the fee for registration of the incorporation of a company in accordance with the Decision amounts to 6,500.00 dinars (5,900.00 dinars if the application for registration is filed electronically),
the fee for registering a change in the company’s data is 3,100.00 dinars (2,800.00 in the case of an electronic application for registration), whereby in the case of a simultaneous change of several data, it is increased by 1,500.00 dinars per each additional change (1,400.00 dinars if submitted electronically),
the fee for the registration of the deletion of a company amounts to 3,300.00 dinars (3,000.00 dinars in the case of an electronic application for registration),
the fee for publishing a document that is registered in accordance with the law is 800 dinars (700.00 dinars per document if the application is submitted electronically), and
the fee for issuing an excerpt of the registered data of the data subject in paper form is 1,900.00 dinars (1,700.00 dinars for the electronic form of the subject excerpt).

Payment of fees

The Decision, like the previously valid version of the same, prescribes in detail the method of payment of fees, i.e., what evidence of payment an applicant should submit along with the application for registration filed to the Business Registers Agency.

Validity of the Decision

In accordance with its transitional and final provisions, the Decision shall enter into force on the eighth day from the date of its publication (i.e., on December 7, 2022), while it shall be applied starting from January 1, 2023, except for the provisions of the articles related to cultural institutions, which shall apply as of November 18, 2022.

On the date of entry into force of this Decision, the Decision on Fees for Registration and Other Services Provided by the Business Registers Agency (Official Gazette of RS No. 119/13, 138/14, 45/15, 106/15, 32/16, 60/16, 75/18, 73/19, 15/20, 91/20, 11/21, 66/21 and 129/21) shall cease to apply.

This article is to be considered as exclusively informative, with no intention to provide legal advice. If you should need additional information, please contact us directly.

By Lara Maksimovic, Senior Associate, PR Legal

Serbia Knowledge Partner

Committed to redefining a law firm's role in an emerging regional market, Gecić Law is a full-service law firm that advises international and local clients from the public and private sectors in navigating the complex legal landscape of the region across multiple practice areas. Members of the Gecić Law team have graduated from leading universities in the US and Europe. They have extensive local and international experience, with a particular focus on EU regulatory frameworks and international trade and a proven track record in providing innovative and practical solutions in the most complex of matters.

Gecić Law is an exclusive member of two leading global alliances, TerraLex and TAGLaw, extending its international footprint. The firm and its lawyers have continuously been recognized in several practice areas by elite global directories, including The Legal 500, Chambers and Partners and Benchmark Litigation. Gecić Law was named Law Firm of the Year: South Eastern Europe 2021 and Law Firm of the Year: Eastern Europe and the Balkans 2020 at The Lawyer European Awards and was repeatedly nominated in other practice areas.

For more details, please visit geciclaw.com.

 

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