Selling a partnership

What

A change of shareholders in partnership has to be registered by all former and new partners. All this changes have to be registered in the commercial registration of the company.

How

First you need to have agreement of all partners if you want to sell your share to the third party. Selling shares are free and open between partners.
Then you need to make a written contract on the selling the shares, which has to be signed by both parties (seller and buyer) and certified by the relevant authority.
When you make a contract, you need to change company’s registration data at Serbian Business Registers Agency:

• registration application
• proof of paid fees for submitting documentation
• contract on the selling the shares
• id of a new member

Good to know

It’s highly recommended to contact experts (e.g.  Serbian Business Registers Agency) on the topic before doing anything, to make sure you have considered all possibilities (e.g. the partnership has debts).

Where

List of all courts in Serbia (in Serbian – Cyrillic and Latin):- http://www.portal.sud.rs/code/navigate.aspx?Id=523
List of all notaries offices in Serbia (in Serbian – Cyrillic and Latin) : https://www.mpravde.gov.rs/registar.php?id=6659

Belgrade, Serbia