Company Management in Balkans
Building on our Company Formation and Management Services in Serbia, Belgrade Family Office has now extended its service to other countries in the Balkan region including Montenegro, North Macedonia and Bosnia Herzegovina. Companies established in these countries on behalf of clients can be managed directly from our offices in Belgrade, effectively providing clients with a one-stop-shop.
Company formation is the most common way that entrepreneurs or foreign investors use to start a business, although branches and representative offices are also good alternatives.
Forming a corporation, legally separate from its owners, establishes itself with its own rights and obligations, emerging as the best legal framework for business operations in the Balkans. This company may be owned directly, or beneficially owned by Belgrade Family Office under a Company-as-a-Service contract.
Incorporation unfolds numerous advantages for doing business in the Balkan region. Besides the advantage of limited liability and legal protection, forming a company in the Balkans enhancing access to banking and financing for operational and transactional needs, facilitates smooth ownership transfers through share transfer, and opens avenues for strategic tax planning by leveraging the Balkan region’s attractive corporation tax rates and network of international tax treaties.
The establishment of companies is relatively straightforward in Balkan countries. While the legal processes for initiation and organization may vary across jurisdictions, certain fundamental elements persist. These include formulating the ‘Articles of Incorporation’ delineating the primary business purpose, selecting an appropriate name and location, and determining the number and class of shares issued, where applicable. Furthermore, the incorporation process involves furnishing jurisdiction-specific registration details and fulfilling associated fees.
While a company itself may appear as a standardized commodity, the indispensable guidance on effective utilization and ensuring proper management and structure is unequivocally vital. Though establishing or acquiring a company might seem uncomplicated, the pivotal factor for attaining and sustaining a competitive edge and navigating successful growth lies in meticulous groundwork and execution.
in Serbia