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Business Registration

 

The process of business registration in Serbia has been cut down to 5 days and a total cost of €90. Business Registration Agency has the competence for registration of business entities, which was transferred from commercial courts and local authorities starting January 4, 2005.

 

After establishing the Agency, the registration procedure was simplified by reducing the time for registration from previously estimated 51 to 5 days and enabling enterprises to be registered in one place, with the future possibility of an online registration. This register has been designed as a centralized electronic database of registered business entities, contracts on financial leasing and pledges.