Have you Registered an Email Address with the Serbian Business Registers Agency?

June 28, 2019

Have you Registered an Email Address with the Serbian Business Registers Agency?

June 28, 2019

Milan Samardžić

Milan Samardžić

Partner

Vanja Vujnović

Vanja Vujnović

Senior Associate

The Changes and Amendments to the Companies Act (Official Gazzete no. 44/2018) which entered into force on 9 June 2018 („Act“) introduced the obligation to register an email address with the Serbian Business Registers Agency („SBRA“).  In line with this novelty, all companies, branch offices, representative offices and entrepreneurs in Serbia have an obligation to register their email address with SBRA by 1 October 2019.

In practice, this means that business entities registered with the SBRA are under obligation to file an application for the registration of a contact email address to the SBRA by 1 October 2019 and in the event of incorporation of a new business entity an email address must be included in the registration application form.

In case a registered entity fails to register an email address within the prescribed deadline, it could be fined for a commercial offence in the amount ranging from RSD 100,000 (approx. EUR 850) to RSD 1,000,000 (approx. EUR 8,500) while the authorized representative of a registered entity could be fined in the amount ranging from RSD 20,000 (approx. EUR 170) to RSD 200,000 (approx. EUR 1,700).

Taking into account the ongoing public administration reform aimed at optimization and modernization of administrative procedures in Serbia and SBRA’s transition to electronic registration and submission of documents, it can be expected that an email address will soon be necessary for receiving SBRA’s formal decisions in the form of an electronic document and as the official manner of communication with the SBRA.

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

Contact:

Milan Samardžić , Partner
milan.samardzic@sog.rs

Vanja Vujnović, Senior Associate
vanja.vujnovic@sog.rs

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