Starting a business in Serbia

Legal Forms of Companies

 The"drustvo sa ogranicenom odgovornoscu" (d.o.o.) corresponds to a limited liability company

Number of partners: From one to fifty shareholders
Capital (max/min): EUR 500
Shareholders and liability: The liability of members is up to the value of their investment.

 The "akcionarsko drustvo" (a.d.) corresponds to a public limited company

Number of partners: Minimum 2 shareholders, maximum 100 for a closed a.d., no maximum for an open a.d.
Capital (max/min): Equivalent of EUR 10,000 minimum for a closed a.d.; EUR 25,000 for an open a.d.
Shareholders and liability: Their liability is limited to the amount of capital contributed.  

The "ortacko drustvo" (o.d.) corresponds to a general partnership

Number of partners:  Minimum 2 partners
Capital (max/min):  No minimum capital required.
Shareholders and liability: Their liability is joint and indefinite.  

 The"komanditno drustvo" (k.d.) corresponds to a limited partnership

Number of partners:  Minimum 2 partners
Capital (max/min):  No minimum capital required.
Shareholders and liability: The liability of the active partners is unlimited. The liability of the silent partners is limited to the amount of capital contributed.  

Business Setup Procedures

Source: Doing Business - Latest available data.