Company registration with one click of a mouse

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Serbian Economy Ministry plans to enable online registration of new companies where company founders will be able to submit all the required documentation and pay relevant fees also online.

At the moment, it takes, on average, seven days to register a company in Serbia and this is a five-step process. However, by the end of next year, business owners will be able to register their companies online which would push Serbia five places up on the World Bank’s Doing Business List. The Serbian Economy Minister and the UNDP have recently signed an agreement stipulating e-registration to become available by November 2018.

“The time needed to open a company has been shortened from 12 to 7 days, while the global average is  21 days. Generally speaking, the procedure for establishing a business is efficient and there are still certain steps that need to be taken which does slow down the entire process. The future company owners have to fill out several documents, have the draft Articles of Association ready and verify their signatures in relevant institutions”, the Economy Ministry says.

The idea behind e-registration is for the future company owners to apply for registration, submit the required documents and pay relevant fees all online using a digital certificate.

In order for this to happen, Serbia first needs to change several laws including the Company Law and the Law on Company Registration Process at the Business Registry Agency, as well as few bylaws.

(Vecernje Novosti, 10.01.2017)

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This post is also available in: Italiano

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