Digital Transformation Of The Business World In Serbia

October 03, 2018

Digital Transformation Of The Business World In Serbia

October 03, 2018

Miloš Velimirović

Miloš Velimirović

Partner

Ivana Barać

Ivana Barać

Associate

Digital transformation has become obligatory for the businesses in Serbia and one of the first things that came to effect is they need to file a request for registering the e-mail address to the Serbian Business Register Agency (“SBRA”) until October, 1st 2019,  the latest. 

On 8 June 2018, the National Assembly of the Republic of Serbia has adopted the Amendments to the Companies Act (“the Amendments”).  As already observed, the provisions set out under the Amendments represent an answer to adjusting to the current business needs in Serbia.

Starting from 1 October 2018, the Amendments stipulate an important obligation for domestic business companies (the “companies”).

Namely, the companies now have the obligation to file a request for registering their e-mail address to the Serbian Business Register Agency (“SBRA”) until October 1st, 2019, at the latest.  Consequently, such e-mail addresses will allow SBRA to digitally inform companies on any resolution enacted with regard to their business with more ease.

The more efficient manner of communication between SBRA and the companies

Hopefully, this obligation will enable the existence of a more digitalized business world in Serbia and provide for a more efficient manner of communication between SBRA and the companies, while it is expected that the Amendments will bring more clarity in interpreting the Companies Act as well as in fully understanding the aims and goals which the legislator intended to achieve.

This blog post is for informational purposes only and should not be considered legal advice.  Should you require any additional information, feel free to contact us.

Contact:

Miloš Velimirović, Partner
milos.velimirovic@sog.rs

Ivana Barać, Associate

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