Amendments to the Company Law Enacted

As of April 1, 2020, the application of certain provisions of the Law on Amendments to the Company Law (hereinafter “the Law”) began, which introduced two new legal instruments for limited liability companies: reserved own share and right to acquire a share as a non-transferable financial instrument which resembles a “stock option” mechanism from comparative legal practice.

This law keeps pace with modern economic tendencies and is especially important for creating a favorable business environment that should positively affect the development of the economy and business of companies in Serbia.

For more information on this Law and the application of the two new legal instruments, contact us by email address aleksicsasadaradnici@lawofficealeksic.rs, or call us at one of our phone numbers.