A liquidation in the Serbian Law on Companies (“Official Gazette of the Republic of Serbia”, Nos. 36/2011, 99/2011, 83/2014 and 5/2015) is defined as a voluntary manner of dissolution of a company, meaning that it may be carried out when a company has sufficient assets to settle all its liabilities. Igor Živkovski, Živković Samardžić Corporate and M&A Senior Associate, elaborates on the implementation of the liquidation procedure, its tax implications and relevant jurisprudence.
* This article was first published by the “Advokatska kancelarija” magazine in their May 2017 issue and is only available in Serbian. Click here (http://www.pravniportal.com/novi-broj-casopisa-advokatska-kancelarija-maj-2017/) to view the table of contents of the issue and here (http://profisistem.com/propis_soft/akcija/98/advokatska_kancelarija) to subscribe.
