Q:
A:
Government proposes law on abolishing seals in business operations
Belgrade,
24 May 2018
The Serbian government adopted at today's session the Bill on amendments to the Law on companies, which abolishes the obligatory use of seals in the business operations, thus removing one more unnecessary administrative burden for legal entities.
The proposal of this law stipulates that the obligatory use of stamps in business letters and other documents cannot be imposed on companies.
With the beginning of the application of the law, the provisions that oblige legal entities to use seals in 12 other laws cease to be valid.
This decision will significantly influence the improvement of the economic environment, the improvement of Serbia's position on the World Bank’s Doing Business list, and most importantly, the change of mindset among businessmen, but also of the general picture of Serbia in the world.
Thanks to this decision, a new era of business operations in Serbia will start, which will enable the legal entities to gradually switch to electronic commerce using electronic documents and signatures, electronic data exchange, as well as electronically archived documents, with the previously adopted Law on e-business and accompanying bylaws.
The creation and use of seals imposed excessive administration, waste of time, it made business operations more complicated and represented an additional financial burden, so by abolishing its mandatory use, the burden on the economy will be reduced significantly.
With the beginning of the application of the law, the provisions that oblige legal entities to use seals in 12 other laws cease to be valid.
This decision will significantly influence the improvement of the economic environment, the improvement of Serbia's position on the World Bank’s Doing Business list, and most importantly, the change of mindset among businessmen, but also of the general picture of Serbia in the world.
Thanks to this decision, a new era of business operations in Serbia will start, which will enable the legal entities to gradually switch to electronic commerce using electronic documents and signatures, electronic data exchange, as well as electronically archived documents, with the previously adopted Law on e-business and accompanying bylaws.
The creation and use of seals imposed excessive administration, waste of time, it made business operations more complicated and represented an additional financial burden, so by abolishing its mandatory use, the burden on the economy will be reduced significantly.
-
Belgrade, 4 June 2026Action Plan for implementation of National Anti-Corruption Strategy adopted
-
Belgrade, 2 June 2026Continuing work on implementing recommendations from EC Annual Report
-
Belgrade, 1 June 2026Improving pace of meeting recommendations from EC Annual Report
-
Belgrade, 1 June 2026Temporary ban on export of oil, oil derivatives until 2 July
-
Belgrade, 29 May 2026Bottled water to be delivered to affected areas of Moravica District
-
Belgrade, 28 May 2026Bill amending Law on e-Government adopted
-
Belgrade, 21 May 2026Government establishes programme to support business activities in rural areas
-
Belgrade, 15 May 2026One year until start of Expo 2027 in Belgrade
-
Belgrade, 14 May 2026Working Group formed to monitor implementation of GRECO recommendations
