The Peculiarities  of Legal Regulation of a Limited Liability Company in Bosnia and Herzegovina Cover Image

Особености законског уређивања друштва са ограниченом одговорношћу у Босни и Херцеговини
The Peculiarities of Legal Regulation of a Limited Liability Company in Bosnia and Herzegovina

Author(s): Đorđe Perišić
Subject(s): Law, Constitution, Jurisprudence
Published by: Правни факултет Универзитета у Источном Сарајеву
Keywords: A limited liability company;Constitutive act;Administration;Stake;Share;
Summary/Abstract: А limited liability company, as one as, a form of company, represents a very important and frequent form economic organization everywhere in the world, as well as in our country. This form of the company was introduced into the legal system of the former Yugoslavia by the Commercial code for the Kingdom of Yugoslavia from 1937 and it was regulated again only bu the 1988. Law on enterprises of the SFRJ. After a collapse of a common state, in Bosnia and Herzegovina, company law was found within the competence of the Entities and the Brcko District, so that limited liability company was governed by entity laws on enterprises or company. In the period from 1988. until now, the legal regulation of a limited liability company has suffered some change, which were largely the result of adjusting the existing legal framework of the European Union regulations. The changes mainly concerned the manner of management of the company and issues related to core capital. In that sense, the most active was the law-marker of Republic of Srpska. By the Law of Companies of the Republic of Srpska of 2008. the two-tier system of managing the company was replaced by unicameral, and the most significant changes related to do fixed capital were related to do reduction of the minimum amount of the monetary part of the share capital, which in the Republic of Srpska since 2013., is 1 KM. When comparing the ways of regulating a limited liability company in the laws on companies of Republic of Srpska, the Federation BiH and the Law on Enterprises of the Brcko District, there is a lack of uniformity, this raisin the issue of the need for harmonization of the legal regulation of a limited liability company within BiH.

  • Page Range: 680-697
  • Page Count: 18
  • Publication Year: 2017
  • Language: Serbian