{"id":4478,"date":"2023-11-03T22:47:53","date_gmt":"2023-11-03T21:47:53","guid":{"rendered":"https:\/\/ncrlawyers.com\/prodaja-i-kupovina-firme-u-srbiji-ma-pravni-procesi-i-izazovi-2023\/"},"modified":"2026-06-04T14:12:06","modified_gmt":"2026-06-04T12:12:06","slug":"prodaja-i-kupovina-firme-u-srbiji-ma-pravni-procesi-i-izazovi-2023","status":"publish","type":"post","link":"https:\/\/ncrlawyers.com\/sr\/prodaja-i-kupovina-firme-u-srbiji-ma-pravni-procesi-i-izazovi-2023\/","title":{"rendered":"Prodaja i kupovina firme u Srbiji (M&amp;A): Pravni procesi i izazovi"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Kupovina i prodaja firmi je proces koji se poslednjih 20 godina intenzivno odvija u Srbiji. Sama kupovina mo\u017ee se izvr\u0161iti na vi\u0161e na\u010dina gde glavnu podelu mo\u017eemo napraviti izme\u0111u kupovine javnih i privatnih firmi. Dok se kupovina javnih (dr\u017eavnih) firmi vezuje uglavnom za postupak privatizacije koji je nastupio kao posledica tranzicije iz socijalisti\u010dkog u liberalno kapitalisti\u010dki sistem koji se i danas odvija, u ne\u0161to manjoj meri, ono \u0161to je kod nas pravilo jeste prodaja privatnih firmi. U tom pogledu u ovom \u010dlanku pru\u017eamo klju\u010dne informacije o razli\u010ditim modalitetima i na\u010dinima prodaje i kupovine firme i sveobuhvatan vodi\u010d kako bi va\u0161a transakcija bila uspe\u0161no realizovana i odobrena od strane nadle\u017enih institucija. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\" style=\"font-size:30px\">Uvod u M&amp;A u Srbiji<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Kao \u0161to je op\u0161te poznato, u Srbiji se kao naj\u010de\u0161\u0107a pravna forma za poslovanje koristi dru\u0161tvo za ograni\u010denom odgovorno\u0161\u0107u zbog \u010dega se u ovom \u010dlanku fokusiramo na prodaju ovih firmi. Mo\u017eete pro\u010ditati i na\u0161 tekst o uslovima za <a href=\"https:\/\/ncrlawyers.com\/sr\/otvaranje-firme-u-srbiji\/\">osnivanje firme DOO<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sama kupovina odnosno prodaja firme mo\u017ee da se izvr\u0161i na nekoliko na\u010dina. Kao dva glavna na\u010dina za kupovinu firmi koja izdvajamo jesu kupovina udela odnosno kupovina imovine firme.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" style=\"font-size:25px\">Razlike izme\u0111u kupovine udela ili imovine<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Kupovina udela podrazumeva sticanje dela vlasni\u0161tva u ciljnom dru\u0161tvu a samim tim i indirektno sticanje njegovog poslovanja, imovine i prava. Sticanjem udela u ciljnoj firmi, kupac automatski indirektno sti\u010de poslove, imovinu, prava, obaveze i obaveze ciljne firme. Posledica navedenog jeste ta \u0161to prenosilac udela solidarno odgovara sa sticaocem udela za obaveze prema dru\u0161tvu po osnovu svog neupla\u0107enog odnosno neunetog uloga u osnovni kapital dru\u0161tva, kao i za obavezu dodatnih uplata u pogledu tog udela, prema stanju na dan prenosa udela. Dodatno, pravne radnje preduzete prema ili od strane prenosioca udela pre registracije prenosa udela u skladu sa zakonom o registraciji u pogledu tog udela ili odnosa u dru\u0161tvu, smatraju se radnjama preduzetim prema, odnosno od strane sticaoca udela, osim ako je to nespojivo sa prirodom preduzete pravne radnje.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"682\" src=\"https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Merger-and-acquisition-Serbia-1.jpg?resize=1024%2C682&#038;ssl=1\" alt=\"Ugovor o prenosu udela\" class=\"wp-image-4462\" srcset=\"https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Merger-and-acquisition-Serbia-1-scaled.jpg?resize=1024%2C682&amp;ssl=1 1024w, https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Merger-and-acquisition-Serbia-1-scaled.jpg?resize=300%2C200&amp;ssl=1 300w, https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Merger-and-acquisition-Serbia-1-scaled.jpg?resize=768%2C511&amp;ssl=1 768w, https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Merger-and-acquisition-Serbia-1-scaled.jpg?resize=1536%2C1022&amp;ssl=1 1536w, https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Merger-and-acquisition-Serbia-1-scaled.jpg?resize=2048%2C1363&amp;ssl=1 2048w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">U slu\u010daju kupovine imovine firme, kupac mo\u017ee \u201eizabrati\u201c imovinu za koju je zainteresovan i izbec\u0301i sticanje imovine prodavca koja mu nije potrebna odnosno onu koja je optere\u0107ena odre\u0111enim teretima. Samim tim mo\u017ee se re\u0107i da je kupovina imovine na\u010delno \u201ebezbednija\u201c za kupca s obzirom da ne sti\u010de celokupnu imovinu prenosioca ve\u0107 vr\u0161i takozvani \u201echery picking\u201c odnosno odabir onoga \u0161to mu zapravo odgovara a na osnovu detaljno izvr\u0161enog due diligence-a. Me\u0111utim treba imati u vidu da Zakon o obligacionim odnosima propisuje da lice na koje pre\u0111e na osnovu ugovora neka imovinska celina fizi\u010dkog ili pravnog lica, ili jedan deo te celine, odgovara za dugove koji se odnose na tu celinu, odnosno na njen deo, pored dotada\u0161njeg imaoca i solidarno s njim, ali samo do vrednosti njene aktive. Samim tim, sticalac ostaje odgovoran za predmetnu imovinu i nije mogu\u0107e ograni\u010denje ove odgovornosti sticaoca. Ovo pravilo se ne primenjuje na prenose imovine u ste\u010dajnim i izvr\u0161nim postupcima, gde se imovina mo\u017ee stec\u0301i bez obaveza i tereta.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" style=\"font-size:25px\">Klju\u010dne razlike izme\u0111u kupovine udela odnosno imovine<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Iako svaka kupovina odnosno prodaja firme predstavlja slu\u010daj za sebe, op\u0161te je pravilo da je kupovina udela jednostavnija i zahteva manje dokumentacije nego ugovor o prenosu imovine firme. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">U slu\u010daju kupovine firme, postupak se posle sprovedenog due diligence-a zavr\u0161ava na dan registracije prenosa udela. Prenos udela vr\u0161i se na osnovu ugovora o prenosu udela za koji je predvi\u0111eno da mora biti overen kod nadle\u017enog javnog bele\u017enika, ali se po pravilu vr\u0161i prosta overa odnosno overa potpisa.<\/p>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" decoding=\"async\" width=\"1024\" height=\"768\" data-id=\"4464\" src=\"https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/MA-Serbia-1.jpg?resize=1024%2C768&#038;ssl=1\" alt=\"kupovina firme\" class=\"wp-image-4464\" srcset=\"https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/MA-Serbia-1.jpg?resize=1024%2C768&amp;ssl=1 1024w, https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/MA-Serbia-1.jpg?resize=300%2C225&amp;ssl=1 300w, https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/MA-Serbia-1.jpg?resize=768%2C576&amp;ssl=1 768w, https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/MA-Serbia-1.jpg?resize=1536%2C1152&amp;ssl=1 1536w, https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/MA-Serbia-1.jpg?resize=2048%2C1536&amp;ssl=1 2048w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n<\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">S druge strane, u slu\u010daju kupovine imovine dru\u0161tva, sam ugovor o prenosu udela zahteva detaljnu identifikaciju razli\u010dite imovine koja se kupuje i prenosi i \u010desto zahteva pripremanje vi\u0161e odvojenih ugovora s obzirom da se na razli\u010ditu imovinu primenjuju i razli\u010dita pravila prava svojinu. Na primer, za prenos nepokretnosti je potrebna solemnizacija ugovora o prenosu prava svojine na nepokretnosti kao i  pojedina\u010dna registracija svake prenete nepokretnosti pred nadle\u017enim katastrom nepokretnosti (\u0161to mo\u017ee biti dugotrajan proces). Pored toga, ukoliko se \u017eeli izvr\u0161iti ustupanje ugovora kao imovinske celine dru\u0161tva, po pravilu se zahteva saglasnost druge ugovorne strane \u0161to predmetnu transakciju \u010dini dodatno neizvesnom.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Posledica navedene razlike jeste i da su tro\u0161kovi po pravilu manji prilikom prenosa udela nego prodaje imovine firme. Tako na primer, u slu\u010daju ugovora o prenosu udela iznos takse koji se pla\u0107a za overu potpisa je fiksni i simboli\u010dan (bez obzira na vrednost udela koji se prenosi) dok se u slu\u010daju prenosa imovine  javnobele\u017eni\u010dka taksa zasniva se na vrednosti imovine koja se prenosi i zbog \u010dega mo\u017ee biti znatno visoka.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" style=\"font-size:25px\">Da li postoje ograni\u010denja u kupovini udela za strance<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Uop\u0161teno govorec\u0301i, srpsko tr\u017ei\u0161te je otvoreno i dostupno stranim fizi\u010dkim i pravnim licima, koji mogu da kupuju udele u <a href=\"https:\/\/ncrlawyers.com\/sr\/otvaranje-firme-u-srbiji\/\">osnovanim firmama<\/a> pod istim uslovima kao i fizi\u010dka ili pravna lica u Srbiji.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Me\u0111utim, od navedenog pravila postoje i izuzeci a koji se primenjuju na pojedine industrije (na primer, vojna industrija, igre na sre\u0107u, finansijski sektor, energetika i sl.).<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" style=\"font-size:30px\">Pregled Procesa M&amp;A: Od Pregovora do Realizacije<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Sam proces kupovine firme, bilo da se vr\u0161i u formi kupovine udela ili imovine, jeste dugotrajan i zahteva anga\u017eovanje stru\u010dnih konsultanata kako advokata koji se bave M&amp;A transakcijama tako i finansijskih konsultanata u pogledu procene same cene. Sama procedura nije zakonski definisana ali se kroz praksu definisalo nekoliko koraka koji se po pravilu spovode kako bi se realizovala transakcije:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" style=\"font-size:25px\">Pismo o namerama<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Pismo o namerama koje se jo\u0161 naziva i  memorandum o razumevanju \u010desto je inicijalni akt kojim se ispituje postojanje interesa za kupovinu firme. Samo pismo nema zakonom predvi\u0111enu formu ali ono po pravilu sadr\u017ei glavne ta\u010dke predmetne transakcije kao npr:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u2022 Ugovorne strane.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u2022 Predmet buduc\u0301e prodaje (udeli odnosno imovina)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u2022 Cenu odnosno na\u010din njen na\u010din obra\u010duna;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u2022 Uslovi, vremenski okvir i druge glavne specifi\u010dnosti transakcije.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Pisma o namerama po pravilu slede pre samih pregovora, predstavljaju okvir za pregovore ali su kao takva po pravilu neobavezujuc\u0301a za potencijalne ugovorne strane.<\/p>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-2 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" decoding=\"async\" width=\"1024\" height=\"683\" data-id=\"4466\" src=\"https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Non-disclosure-agreement.jpg?resize=1024%2C683&#038;ssl=1\" alt=\"NDA -Ugovor o poverljivosti podataka\" class=\"wp-image-4466\" srcset=\"https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Non-disclosure-agreement-scaled.jpg?resize=1024%2C683&amp;ssl=1 1024w, https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Non-disclosure-agreement-scaled.jpg?resize=300%2C200&amp;ssl=1 300w, https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Non-disclosure-agreement-scaled.jpg?resize=768%2C512&amp;ssl=1 768w, https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Non-disclosure-agreement-scaled.jpg?resize=1536%2C1024&amp;ssl=1 1536w, https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Non-disclosure-agreement-scaled.jpg?resize=2048%2C1365&amp;ssl=1 2048w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n<\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" style=\"font-size:25px\">Ugovori o ekskluzivnosti<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Ugovor o ekskluzivnosti je ugovor zaklju\u010den izme\u0111u prenosioca i potencijalnog kupca, koji kupcu daju ekskluzivitet za kupovinu udela ili imovine u odre\u0111enom periodu. Za razliku od pisma o namerama ovi ugovori su obavezujuc\u0301i, a njihovo kr\u0161enje mo\u017ee dovesti do zahteva za isplatu prethodno predvi\u0111ene ugovorne kazne ili do pokretanja postupka za naknadu \u0161tete.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" style=\"font-size:25px\">Ugovori o poverljivosti <\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Ugovor o poverljivosti (NDA) je ugovor zaklju\u010den izme\u0111u strana u transakciji u njenim po\u010detnim fazama, kako bi se spre\u010dilo curenje poverljivih informacija o transakciji i\/ili stranama javnosti ili trec\u0301im licima. Ovi ugovori mogu biti sa\u010dinjeni kao ugovori koji namec\u0301u obaveze i prodavcu i kupcu, ili samo kupcu. Kr\u0161enje ovih sporazuma mo\u017ee izazvati odgovornost za \u0161tetu odnosno isplatu ugovorne kazne.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sve prethodno navedene faze predstavljaju inicijalne faze za ulazak u postupak izrade due diligence-a firme i pripreme ugovora o prenosu udela odnosno ugovora o prenosu imovine firme.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" style=\"font-size:30px\">Due Diligence i Usagla\u0161enost poslovanja<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Due diligence su\u0161tinski predstavlja detaljnu analizu firme koja poma\u017ee kupcu prilikom dono\u0161enja poslovnih odluka, a pre svega da li da zaklju\u010di transakciju i kako da odredi cenu. Postoje razli\u010dite vrste due diligence-a, a naj\u010de\u0161\u0107i su pravni i finansijski due diligence. Pravni due diligence predstavlja pravnu analizu celokupnog poslovanja firme, njenih prava i obaveza, ugovora, imovine i sli\u010dno, a kako bi kupac imao jasne informacije o pravnom stanju firme, odnosno njenih prava i obaveza, odnosno koji su rizici koje na sebe preuzima kupovinom firme. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Zbog svega navedenog, jako je bitno da firme redovno vr\u0161e uskla\u0111ivanje svog poslovanja sa pravnim propisima jer neuredna pravna dokumentacije lako mo\u017ee da odbije potencijalnog kupca ili investitora i pored uspe\u0161nog finansijskog rezultata va\u0161e firme.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Sale-pruchase-agreement-Serbia.jpg?resize=1024%2C683&#038;ssl=1\" alt=\"kupovina firme u Srbiji\" class=\"wp-image-4468\" srcset=\"https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Sale-pruchase-agreement-Serbia-scaled.jpg?resize=1024%2C683&amp;ssl=1 1024w, https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Sale-pruchase-agreement-Serbia-scaled.jpg?resize=300%2C200&amp;ssl=1 300w, https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Sale-pruchase-agreement-Serbia-scaled.jpg?resize=768%2C512&amp;ssl=1 768w, https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Sale-pruchase-agreement-Serbia-scaled.jpg?resize=1536%2C1024&amp;ssl=1 1536w, https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Sale-pruchase-agreement-Serbia-scaled.jpg?resize=2048%2C1365&amp;ssl=1 2048w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" style=\"font-size:25px\">Faze u izradi due diligence-a<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Due diligence se obi\u010dno obavlja u vi\u0161e faza, uklju\u010dujuc\u0301i:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Pregled i analiza dokumentacije;<\/li>\n\n\n\n<li>Postavljanje pitanja i analiza datih odgovora datih u procesu due diligence;<\/li>\n\n\n\n<li>Izrada izve\u0161taja o due diligence-u.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Pregled du\u017ene pa\u017enje generalno uklju\u010duje analizu sledec\u0301ih pitanja:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\uf02d\tOp\u0161ta korporativna pitanja;<\/li>\n\n\n\n<li>\uf02d\tUskla\u0111enost sa propisima i pitanja licenciranja, uklju\u010dujuc\u0301i pitanja za\u0161tite \u017eivotne sredine, carine i podataka;<\/li>\n\n\n\n<li>\uf02d\tPitanja konkurencije i dr\u017eavne pomoc\u0301i;<\/li>\n\n\n\n<li>\uf02d\tMaterijalni i finansijski ugovori i aran\u017emani;<\/li>\n\n\n\n<li>\uf02d\tPitanja u vezi radno-pravnih odnosa;<\/li>\n\n\n\n<li>\uf02d\tObezbe\u0111enje<\/li>\n\n\n\n<li>Pitanja intelektualne svojine<\/li>\n\n\n\n<li>Prava svojine na nepokretnostima.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" style=\"font-size:25px\">Novi trendovi u izradi due diligence-a<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">U poslednje vreme primetan je trend izrade due diligence-a ograni\u010denog obima. Potencijalni kupci su \u010desto zainteresovani isklju\u010divo za klju\u010dne delove poslovanja odre\u0111ene firme i stoga zahtevaju samo pokric\u0301e samo odre\u0111enih pravnih oblasti u okviru due diligence-a. To je naj\u010de\u0161\u0107e u slu\u010dajevima kada se radi o kupovini odre\u0111ene imovine firme ili samo dela firme uz primene statusne promene izdvajanja.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" style=\"font-size:30px\">Ugovor o prenosu udela odnosno imovine<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Ugovor o prenosu udela prestavlja osnov za prodaju udela u firmi. Kao \u0161to smo ranije ve\u0107 naveli po pravilu predmetni ugovor mora biti u pisanoj formi a potpisi moraju biti overeni od strane javnog bele\u017enika. U slu\u010daju da se radi o Ugovoru o prenosu imovine u tom pogledu predmetna forma zavisi pre svega od vrste imovine koja se prenosi.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Me\u0111utim, da bi do\u0161lo do prenosa udela ugovor nije dovoljan ve\u0107 je potrebno da se navedeni prenos registruje u Agenciji za privredne registre a danom registracije zapravo dolazi do prenosa udela. S obzirom da je Zakon o privrednim dru\u0161tvima propisuje da udeo se prenosi ugovorom u pisanoj formi sa overenim potpisima prenosioca i sticaoca zna\u010di da se predmetni ugovor ne mo\u017ee zaklju\u010diti u elektronskoj formi ali verujemo da \u0107e i ovo re\u0161enje biti predmet budu\u0107ih izmena zakona.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" src=\"https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/pexels-pixabay-261621.jpg?resize=1024%2C768&#038;ssl=1\" alt=\"Ugovor o prenosu udela\" class=\"wp-image-4470\" srcset=\"https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/pexels-pixabay-261621-scaled.jpg?resize=1024%2C768&amp;ssl=1 1024w, https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/pexels-pixabay-261621-scaled.jpg?resize=300%2C225&amp;ssl=1 300w, https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/pexels-pixabay-261621-scaled.jpg?resize=768%2C576&amp;ssl=1 768w, https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/pexels-pixabay-261621-scaled.jpg?resize=1536%2C1152&amp;ssl=1 1536w, https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/pexels-pixabay-261621-scaled.jpg?resize=2048%2C1536&amp;ssl=1 2048w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">U slu\u010daju zaklju\u010denja ugovora o prenosu imovine firme, od vrste same imovine zavisi i da li se prava sti\u010du momentom zaklju\u010denja ugovora ili upisa u odgovaraju\u0107i registar.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" style=\"font-size:30px\">Ograni\u010denja i Odobrenja transakcije<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Prilikom zaklju\u010denja Ugovora o prenosu ugovora potrebno je \u010desto dobiti odre\u0111ena odobrenja odnosno prevazi\u0107i ograni\u010denja koja va\u017ee prilikom prenosa udela firme. Sva ograni\u010denja mo\u017eemo podeliti na regulatorna, gde se tra\u017ei saglasni dr\u017eavnih organa i pojedinim institucijama (vojinim, bankarstvo i sl.), saglasnost tre\u0107ih lica a koja proizilazi naj\u010de\u0161\u0107e iz Ugovora o osnivanju odnosno Ugovora izme\u0111u osniva\u010da kao i ona koja se ti\u010du ograni\u010denja vezanim za pravo konkurencije.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" style=\"font-size:25px\">Odobrenje trec\u0301ih lica<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Kao \u0161to smo ranije naveli prenos udela odnosno imovine jeste slobodan. Me\u0111utim to ne zna\u010di da ne mogu postojati odre\u0111ena ograni\u010denja koje su previ\u0111ena osniva\u010dkim ili drugim aktom. U pogledu ograni\u010denja koja zavise od odobrenja tre\u0107ih lica mo\u017eemo razlikovati korporativna i ugovorna odobrenja. <\/p>\n\n\n\n<h4 class=\"wp-block-heading\" style=\"font-size:20px\"><em>Korporativna odobrenja<\/em><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Tako po pravilu se podrazumeva na suvlasnici imaju pravo pre\u010de kupovine u odnosu na tre\u0107a lica \u0161to zna\u010di da prodavac udeo mora prvo ponuditi \u010dlanovima unutar dru\u0161tva pod istim uslovima kao I tre\u0107em licu pa tek ukoliko oni odbiju zaklju\u010denje ugovora onda mo\u017ee ugovor zaklju\u010diti sa tre\u0107im licem.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Tako\u0111e mo\u017ee se predvideti i obaveza davanja saglasnosti dru\u0161tva na prenos udela ili pak pravo dru\u0161tva da umesto saglasnosti odredi budu\u0107eg kupca dru\u0161tva. Upravo due diligence analize koju rade advokati koji imaju iskustva u ovim transakcijama, treba da utvrde mogu\u0107nost i na\u010din kupovine firme. <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Share-purchase-agreement-serbia.jpg?resize=1024%2C683&#038;ssl=1\" alt=\"due diligence\" class=\"wp-image-4472\" srcset=\"https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Share-purchase-agreement-serbia-scaled.jpg?resize=1024%2C683&amp;ssl=1 1024w, https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Share-purchase-agreement-serbia-scaled.jpg?resize=300%2C200&amp;ssl=1 300w, https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Share-purchase-agreement-serbia-scaled.jpg?resize=768%2C512&amp;ssl=1 768w, https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Share-purchase-agreement-serbia-scaled.jpg?resize=1536%2C1024&amp;ssl=1 1536w, https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Share-purchase-agreement-serbia-scaled.jpg?resize=2048%2C1365&amp;ssl=1 2048w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<h4 class=\"wp-block-heading\" style=\"font-size:20px\">Ugovorne saglasnosti<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Po pravilu poverioci firme nemaju nemaju nikakva prava niti moraju biti obave\u0161teni u slu\u010daju prodaje udela odnosno imovine osim ukoliko pojedina\u010dnim ugovorima ne predvi\u0111a druga\u010dije. Me\u0111utim, za prenos ugovora ili obaveza u slu\u010daju prodaje imovine firme potrebna je saglasnost druge ugovorne strane za ustupanje ugovora ili prava odnosno obave\u0161tenje du\u017enika za ustupanje potra\u017eivanja.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" style=\"font-size:25px\">Odobrenje Komisije za za\u0161titu konkurencije<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Pravo konkurencije je skup pravnih pravila kojim se obezbe\u0111uje da privredni subjekti koji posluju i takmi\u010de se na slobodnom tr\u017ei\u0161tu ne organi\u010davaju konkurenciju i time onemogu\u0107avaju odvijanje normalnih tr\u017ei\u0161nih tokova koji se zasnivaju na principima ponude i tra\u017eenje. Samim tim Komisija kontroli\u0161e transakcije i odobrava ih na na\u010din na koji je to predvi\u0111eno Zakonom o za\u0161titi konkurencije.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Transakcija mora biti prijavljena Komisiji za za\u0161titu konkurencije ako se kvalifikuje kao \u201ckoncentracija\u201d u skladu sa Zakonom o za\u0161titi konkurencije. Samim tim, prema navedenom zakonu koncentracija u\u010desnika na tr\u017ei\u0161tu nastaje u slu\u010daju:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">1) spajanja i drugih statusnih promena u kojima dolazi do pripajanja u\u010desnika na tr\u017ei\u0161tu u smislu zakona kojim se ure\u0111uje polo\u017eaj privrednih dru\u0161tava;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">2) sticanja od strane jednog ili vi\u0161e u\u010desnika na tr\u017ei\u0161tu, neposredne ili posredne kontrole nad drugim u\u010desnikom na tr\u017ei\u0161tu ili vi\u0161e u\u010desnika na tr\u017ei\u0161tu, ili delom, odnosno delovima drugih u\u010desnika na tr\u017ei\u0161tu, koji mogu predstavljati samostalnu poslovnu celinu;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">3) zajedni\u010dkog ulaganja od strane dva ili vi\u0161e u\u010desnika na tr\u017ei\u0161tu u cilju stvaranja novog u\u010desnika na tr\u017ei\u0161tu ili sticanja zajedni\u010dke kontrole nad postoje\u0107im u\u010desnikom na tr\u017ei\u0161tu, koji posluje na dugoro\u010dnoj osnovi i ima sve funkcije nezavisnog u\u010desnika na tr\u017ei\u0161tu.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Smatra\u0107e se jednom koncentracijom dve ili vi\u0161e transakcija izme\u0111u istih u\u010desnika na tr\u017ei\u0161tu, izvr\u0161enih u vremenskom periodu kra\u0107em od dve godine, pri \u010demu se kao vreme njenog nastanka uzima dan izvr\u0161enja poslednje transakcije.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Postoje i posebni slu\u010dajevi koji se ne kvalifikuju kao koncentracije u skladu sa Zakonom o za\u0161titi konkurencije kao \u0161to su slu\u010dajevi koji uklju\u010duju banke, druge investicione organizacije i investicione fondove.<\/p>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-3 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" data-id=\"4474\" src=\"https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Competition-law-Serbia.jpg?resize=1024%2C576&#038;ssl=1\" alt=\"Pravo konkurencije u Srbiji\" class=\"wp-image-4474\" srcset=\"https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Competition-law-Serbia-scaled.jpg?resize=1024%2C576&amp;ssl=1 1024w, https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Competition-law-Serbia-scaled.jpg?resize=300%2C169&amp;ssl=1 300w, https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Competition-law-Serbia-scaled.jpg?resize=768%2C432&amp;ssl=1 768w, https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Competition-law-Serbia-scaled.jpg?resize=1536%2C864&amp;ssl=1 1536w, https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Competition-law-Serbia-scaled.jpg?resize=2048%2C1152&amp;ssl=1 2048w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n<\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Koncentracija pored navedenih slu\u010dajeva postoji i u slu\u010daju da je:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">1) ukupan godi\u0161nji prihod svih u\u010desnika u koncentraciji ostvaren na svetskom tr\u017ei\u0161tu u prethodnoj obra\u010dunskoj godini ve\u0107i od 100 miliona evra, s tim \u0161to najmanje jedan u\u010desnik u koncentraciji na tr\u017ei\u0161tu Republike Srbije ima prihod ve\u0107i od deset miliona evra;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">2) ukupan godi\u0161nji prihod najmanje dva u\u010desnika u koncentraciji ostvaren na tr\u017ei\u0161tu Republike Srbije ve\u0107i od 20 miliona evra u prethodnoj obra\u010dunskoj godini, s tim \u0161to najmanje dva u\u010desnika u koncentraciji na tr\u017ei\u0161tu Republike Srbije imaju prihod ve\u0107i od po milion evra u istom periodu.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Pri ra\u010dunanju godi\u0161njeg ukupnog prihoda iz stava 1. ovog \u010dlana ne\u0107e se ra\u010dunati prihod koji ti u\u010desnici na tr\u017ei\u0161tu ostvare u me\u0111usobnoj razmeni.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" style=\"font-size:20px\"><em>Prijava koncentracije<\/em><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Prijava koncentracije (notifikacija) podnosi se Komisiji u roku od 15 dana od dana izvr\u0161enja prve od slede\u0107ih radnji:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">1) zaklju\u010denja sporazuma ili ugovora;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">2) objavljivanja javnog poziva, odnosno ponude ili zatvaranja javne ponude;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">3) sticanja kontrole.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Prijava se mo\u017ee podneti i kada u\u010desnici na tr\u017ei\u0161tu poka\u017eu ozbiljnu nameru za zaklju\u010denje ugovora, potpisivanjem pisma o nameri, objavljivanjem namere da u\u010dine ponudu ili na drugi na\u010din. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Kada kontrolu nad celim ili nad delovima jednog ili vi\u0161e u\u010desnika na tr\u017ei\u0161tu sti\u010de drugi u\u010desnik na tr\u017ei\u0161tu, prijavu podnosi u\u010desnik na tr\u017ei\u0161tu koji sti\u010de kontrolu, a u slu\u010daju zajedni\u010dkog ulaganja, prijavu podnose svi u\u010desnici na tr\u017ei\u0161tu zajedno.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">U\u010desnici u koncentraciji du\u017eni su da prekinu sprovo\u0111enje koncentracije do dono\u0161enja re\u0161enja Komisije.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Imaju\u0107i u vidu navedeno jasno je da je prodaja firme bilo da se ona vr\u0161i kroz prodaju udela ili imovine kompleksan i vremenski zahtevan proces koji zahteva anga\u017eovanje ne samo pravnih ve\u0107  i finansijskih konsultanata kako bi se predmetna transakcija realizovala na o\u010dekivan na\u010din i u interesu obe strane.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ukoliko Vam je potreban savet i pomo\u0107 radi kupovine odnosno prodaje firme u Srbiji mo\u017eete nas kontaktirati putem na\u0161e kontakt forme.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u010clanak &#8222;Mergers &#038; Acquisitions firme u Srbiji 2023: Pravni Procesi i Izazovi&#8220;istra\u017euje klju\u010dne aspekte M&#038;A transakcija. Pregled koraka i procesa uklju\u010duje pregovore, due diligence i definisanje ugovora.<br \/>\nPravni izazovi se istra\u017euju kroz analizu due diligence-a i usagla\u0161enosti sa zakonima. Antitrust regulacije i potrebna odobrenja za transakciju su razmotreni.<\/p>\n","protected":false},"author":1,"featured_media":4461,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[60,111],"tags":[127,191,192,92,193],"class_list":["post-4478","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-korporativno-trgovinsko-pravo","category-ukladivanje-poslovanja","tag-korporativno-pravo","tag-kupovina-firme","tag-prodaja-firme","tag-srbija","tag-ugovor-o-prenosu-udela"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Prodaja i kupovina firme u Srbiji (M&amp;A): Pravni procesi i izazovi | Advokatska kancelarija NCR Lawyers<\/title>\n<meta name=\"description\" content=\"Pru\u017eamo klju\u010dne informacije o na\u010dinima prodaje i kupovine firme i sveobuhvatan vodi\u010d kako bi va\u0161a transakcija bila uspe\u0161no realizovana i odobrena od strane nadle\u017enih institucija\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ncrlawyers.com\/sr\/prodaja-i-kupovina-firme-u-srbiji-ma-pravni-procesi-i-izazovi-2023\/\" \/>\n<meta property=\"og:locale\" content=\"sr_RS\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Prodaja i kupovina firme u Srbiji (M&amp;A): Pravni procesi i izazovi | Advokatska kancelarija NCR Lawyers\" \/>\n<meta property=\"og:description\" content=\"Pru\u017eamo klju\u010dne informacije o na\u010dinima prodaje i kupovine firme i sveobuhvatan vodi\u010d kako bi va\u0161a transakcija bila uspe\u0161no realizovana i odobrena od strane nadle\u017enih institucija\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ncrlawyers.com\/sr\/prodaja-i-kupovina-firme-u-srbiji-ma-pravni-procesi-i-izazovi-2023\/\" \/>\n<meta property=\"og:site_name\" content=\"Advokatska kancelarija NCR Lawyers\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/NCRlawyers\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/NCRlawyers\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-03T21:47:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-04T12:12:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Share-purchase-agreement-Serbia-2023-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Advokatska kancelarija NCR lawyers\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u041d\u0430\u043f\u0438\u0441\u0430\u043d\u043e \u043e\u0434\" \/>\n\t<meta name=\"twitter:data1\" content=\"Advokatska kancelarija NCR lawyers\" \/>\n\t<meta name=\"twitter:label2\" content=\"\u041f\u0440\u043e\u0446\u0435\u045a\u0435\u043d\u043e \u0432\u0440\u0435\u043c\u0435 \u0447\u0438\u0442\u0430\u045a\u0430\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 \u043c\u0438\u043d\u0443\u0442\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/ncrlawyers.com\\\/sr\\\/prodaja-i-kupovina-firme-u-srbiji-ma-pravni-procesi-i-izazovi-2023\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ncrlawyers.com\\\/sr\\\/prodaja-i-kupovina-firme-u-srbiji-ma-pravni-procesi-i-izazovi-2023\\\/\"},\"author\":{\"name\":\"Advokatska kancelarija NCR lawyers\",\"@id\":\"https:\\\/\\\/ncrlawyers.com\\\/sr\\\/#\\\/schema\\\/person\\\/59431662c238f5bd9d3d072ecdfce300\"},\"headline\":\"Prodaja i kupovina firme u Srbiji (M&amp;A): Pravni procesi i izazovi\",\"datePublished\":\"2023-11-03T21:47:53+00:00\",\"dateModified\":\"2026-06-04T12:12:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ncrlawyers.com\\\/sr\\\/prodaja-i-kupovina-firme-u-srbiji-ma-pravni-procesi-i-izazovi-2023\\\/\"},\"wordCount\":2751,\"publisher\":{\"@id\":\"https:\\\/\\\/ncrlawyers.com\\\/sr\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ncrlawyers.com\\\/sr\\\/prodaja-i-kupovina-firme-u-srbiji-ma-pravni-procesi-i-izazovi-2023\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/ncrlawyers.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/Share-purchase-agreement-Serbia-2023-1.jpg?fit=1200%2C600&ssl=1\",\"keywords\":[\"Korporativno pravo\",\"Kupovina firme\",\"Prodaja firme\",\"Srbija\",\"Ugovor o prenosu udela\"],\"articleSection\":[\"Korporativno &amp; Trgovinsko pravo\",\"Ukla\u0111ivanje poslovanja\"],\"inLanguage\":\"sr-RS\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ncrlawyers.com\\\/sr\\\/prodaja-i-kupovina-firme-u-srbiji-ma-pravni-procesi-i-izazovi-2023\\\/\",\"url\":\"https:\\\/\\\/ncrlawyers.com\\\/sr\\\/prodaja-i-kupovina-firme-u-srbiji-ma-pravni-procesi-i-izazovi-2023\\\/\",\"name\":\"Prodaja i kupovina firme u Srbiji (M&amp;A): Pravni procesi i izazovi | Advokatska kancelarija NCR Lawyers\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ncrlawyers.com\\\/sr\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ncrlawyers.com\\\/sr\\\/prodaja-i-kupovina-firme-u-srbiji-ma-pravni-procesi-i-izazovi-2023\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ncrlawyers.com\\\/sr\\\/prodaja-i-kupovina-firme-u-srbiji-ma-pravni-procesi-i-izazovi-2023\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/ncrlawyers.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/Share-purchase-agreement-Serbia-2023-1.jpg?fit=1200%2C600&ssl=1\",\"datePublished\":\"2023-11-03T21:47:53+00:00\",\"dateModified\":\"2026-06-04T12:12:06+00:00\",\"description\":\"Pru\u017eamo klju\u010dne informacije o na\u010dinima prodaje i kupovine firme i sveobuhvatan vodi\u010d kako bi va\u0161a transakcija bila uspe\u0161no realizovana i odobrena od strane nadle\u017enih institucija\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/ncrlawyers.com\\\/sr\\\/prodaja-i-kupovina-firme-u-srbiji-ma-pravni-procesi-i-izazovi-2023\\\/#breadcrumb\"},\"inLanguage\":\"sr-RS\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ncrlawyers.com\\\/sr\\\/prodaja-i-kupovina-firme-u-srbiji-ma-pravni-procesi-i-izazovi-2023\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"sr-RS\",\"@id\":\"https:\\\/\\\/ncrlawyers.com\\\/sr\\\/prodaja-i-kupovina-firme-u-srbiji-ma-pravni-procesi-i-izazovi-2023\\\/#primaryimage\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/ncrlawyers.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/Share-purchase-agreement-Serbia-2023-1.jpg?fit=1200%2C600&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/ncrlawyers.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/Share-purchase-agreement-Serbia-2023-1.jpg?fit=1200%2C600&ssl=1\",\"width\":1200,\"height\":600,\"caption\":\"negotiation table m&A\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/ncrlawyers.com\\\/sr\\\/prodaja-i-kupovina-firme-u-srbiji-ma-pravni-procesi-i-izazovi-2023\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/ncrlawyers.com\\\/sr\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Prodaja i kupovina firme u Srbiji (M&amp;A): Pravni procesi i izazovi\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ncrlawyers.com\\\/sr\\\/#website\",\"url\":\"https:\\\/\\\/ncrlawyers.com\\\/sr\\\/\",\"name\":\"NCR Lawyers\",\"description\":\"Commercial law firm\",\"publisher\":{\"@id\":\"https:\\\/\\\/ncrlawyers.com\\\/sr\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ncrlawyers.com\\\/sr\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"sr-RS\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/ncrlawyers.com\\\/sr\\\/#organization\",\"name\":\"Advokatska kancelarija NCR lawyers\",\"url\":\"https:\\\/\\\/ncrlawyers.com\\\/sr\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"sr-RS\",\"@id\":\"https:\\\/\\\/ncrlawyers.com\\\/sr\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/ncrlawyers.com\\\/wp-content\\\/uploads\\\/2021\\\/02\\\/ncr-logo-1-2.png?fit=988%2C706&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/ncrlawyers.com\\\/wp-content\\\/uploads\\\/2021\\\/02\\\/ncr-logo-1-2.png?fit=988%2C706&ssl=1\",\"width\":988,\"height\":706,\"caption\":\"Advokatska kancelarija NCR lawyers\"},\"image\":{\"@id\":\"https:\\\/\\\/ncrlawyers.com\\\/sr\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/NCRlawyers\",\"https:\\\/\\\/www.instagram.com\\\/ncrlawyers\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/ncr-lawyers\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/ncrlawyers.com\\\/sr\\\/#\\\/schema\\\/person\\\/59431662c238f5bd9d3d072ecdfce300\",\"name\":\"Advokatska kancelarija NCR lawyers\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"sr-RS\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/feec04d1cb3405421d8b6a546e5c589d45951acfb19abfa7e4d66a382d29e84c?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/feec04d1cb3405421d8b6a546e5c589d45951acfb19abfa7e4d66a382d29e84c?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/feec04d1cb3405421d8b6a546e5c589d45951acfb19abfa7e4d66a382d29e84c?s=96&d=mm&r=g\",\"caption\":\"Advokatska kancelarija NCR lawyers\"},\"description\":\"NCR is a top tier law firm compound of diverse group of legal professionals who operate collectively towards a single goal \u2014 providing our clients with top-tier legal service.\",\"sameAs\":[\"https:\\\/\\\/ncrlawyers.com\",\"https:\\\/\\\/www.facebook.com\\\/NCRlawyers\",\"https:\\\/\\\/www.instagram.com\\\/ncrlawyers\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/ncr-lawyers\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Prodaja i kupovina firme u Srbiji (M&amp;A): Pravni procesi i izazovi | Advokatska kancelarija NCR Lawyers","description":"Pru\u017eamo klju\u010dne informacije o na\u010dinima prodaje i kupovine firme i sveobuhvatan vodi\u010d kako bi va\u0161a transakcija bila uspe\u0161no realizovana i odobrena od strane nadle\u017enih institucija","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ncrlawyers.com\/sr\/prodaja-i-kupovina-firme-u-srbiji-ma-pravni-procesi-i-izazovi-2023\/","og_locale":"sr_RS","og_type":"article","og_title":"Prodaja i kupovina firme u Srbiji (M&amp;A): Pravni procesi i izazovi | Advokatska kancelarija NCR Lawyers","og_description":"Pru\u017eamo klju\u010dne informacije o na\u010dinima prodaje i kupovine firme i sveobuhvatan vodi\u010d kako bi va\u0161a transakcija bila uspe\u0161no realizovana i odobrena od strane nadle\u017enih institucija","og_url":"https:\/\/ncrlawyers.com\/sr\/prodaja-i-kupovina-firme-u-srbiji-ma-pravni-procesi-i-izazovi-2023\/","og_site_name":"Advokatska kancelarija NCR Lawyers","article_publisher":"https:\/\/www.facebook.com\/NCRlawyers","article_author":"https:\/\/www.facebook.com\/NCRlawyers","article_published_time":"2023-11-03T21:47:53+00:00","article_modified_time":"2026-06-04T12:12:06+00:00","og_image":[{"width":1200,"height":600,"url":"https:\/\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Share-purchase-agreement-Serbia-2023-1.jpg","type":"image\/jpeg"}],"author":"Advokatska kancelarija NCR lawyers","twitter_card":"summary_large_image","twitter_misc":{"\u041d\u0430\u043f\u0438\u0441\u0430\u043d\u043e \u043e\u0434":"Advokatska kancelarija NCR lawyers","\u041f\u0440\u043e\u0446\u0435\u045a\u0435\u043d\u043e \u0432\u0440\u0435\u043c\u0435 \u0447\u0438\u0442\u0430\u045a\u0430":"1 \u043c\u0438\u043d\u0443\u0442"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ncrlawyers.com\/sr\/prodaja-i-kupovina-firme-u-srbiji-ma-pravni-procesi-i-izazovi-2023\/#article","isPartOf":{"@id":"https:\/\/ncrlawyers.com\/sr\/prodaja-i-kupovina-firme-u-srbiji-ma-pravni-procesi-i-izazovi-2023\/"},"author":{"name":"Advokatska kancelarija NCR lawyers","@id":"https:\/\/ncrlawyers.com\/sr\/#\/schema\/person\/59431662c238f5bd9d3d072ecdfce300"},"headline":"Prodaja i kupovina firme u Srbiji (M&amp;A): Pravni procesi i izazovi","datePublished":"2023-11-03T21:47:53+00:00","dateModified":"2026-06-04T12:12:06+00:00","mainEntityOfPage":{"@id":"https:\/\/ncrlawyers.com\/sr\/prodaja-i-kupovina-firme-u-srbiji-ma-pravni-procesi-i-izazovi-2023\/"},"wordCount":2751,"publisher":{"@id":"https:\/\/ncrlawyers.com\/sr\/#organization"},"image":{"@id":"https:\/\/ncrlawyers.com\/sr\/prodaja-i-kupovina-firme-u-srbiji-ma-pravni-procesi-i-izazovi-2023\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Share-purchase-agreement-Serbia-2023-1.jpg?fit=1200%2C600&ssl=1","keywords":["Korporativno pravo","Kupovina firme","Prodaja firme","Srbija","Ugovor o prenosu udela"],"articleSection":["Korporativno &amp; Trgovinsko pravo","Ukla\u0111ivanje poslovanja"],"inLanguage":"sr-RS"},{"@type":"WebPage","@id":"https:\/\/ncrlawyers.com\/sr\/prodaja-i-kupovina-firme-u-srbiji-ma-pravni-procesi-i-izazovi-2023\/","url":"https:\/\/ncrlawyers.com\/sr\/prodaja-i-kupovina-firme-u-srbiji-ma-pravni-procesi-i-izazovi-2023\/","name":"Prodaja i kupovina firme u Srbiji (M&amp;A): Pravni procesi i izazovi | Advokatska kancelarija NCR Lawyers","isPartOf":{"@id":"https:\/\/ncrlawyers.com\/sr\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ncrlawyers.com\/sr\/prodaja-i-kupovina-firme-u-srbiji-ma-pravni-procesi-i-izazovi-2023\/#primaryimage"},"image":{"@id":"https:\/\/ncrlawyers.com\/sr\/prodaja-i-kupovina-firme-u-srbiji-ma-pravni-procesi-i-izazovi-2023\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Share-purchase-agreement-Serbia-2023-1.jpg?fit=1200%2C600&ssl=1","datePublished":"2023-11-03T21:47:53+00:00","dateModified":"2026-06-04T12:12:06+00:00","description":"Pru\u017eamo klju\u010dne informacije o na\u010dinima prodaje i kupovine firme i sveobuhvatan vodi\u010d kako bi va\u0161a transakcija bila uspe\u0161no realizovana i odobrena od strane nadle\u017enih institucija","breadcrumb":{"@id":"https:\/\/ncrlawyers.com\/sr\/prodaja-i-kupovina-firme-u-srbiji-ma-pravni-procesi-i-izazovi-2023\/#breadcrumb"},"inLanguage":"sr-RS","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ncrlawyers.com\/sr\/prodaja-i-kupovina-firme-u-srbiji-ma-pravni-procesi-i-izazovi-2023\/"]}]},{"@type":"ImageObject","inLanguage":"sr-RS","@id":"https:\/\/ncrlawyers.com\/sr\/prodaja-i-kupovina-firme-u-srbiji-ma-pravni-procesi-i-izazovi-2023\/#primaryimage","url":"https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Share-purchase-agreement-Serbia-2023-1.jpg?fit=1200%2C600&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Share-purchase-agreement-Serbia-2023-1.jpg?fit=1200%2C600&ssl=1","width":1200,"height":600,"caption":"negotiation table m&A"},{"@type":"BreadcrumbList","@id":"https:\/\/ncrlawyers.com\/sr\/prodaja-i-kupovina-firme-u-srbiji-ma-pravni-procesi-i-izazovi-2023\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ncrlawyers.com\/sr\/"},{"@type":"ListItem","position":2,"name":"Prodaja i kupovina firme u Srbiji (M&amp;A): Pravni procesi i izazovi"}]},{"@type":"WebSite","@id":"https:\/\/ncrlawyers.com\/sr\/#website","url":"https:\/\/ncrlawyers.com\/sr\/","name":"NCR Lawyers","description":"Commercial law firm","publisher":{"@id":"https:\/\/ncrlawyers.com\/sr\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ncrlawyers.com\/sr\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"sr-RS"},{"@type":"Organization","@id":"https:\/\/ncrlawyers.com\/sr\/#organization","name":"Advokatska kancelarija NCR lawyers","url":"https:\/\/ncrlawyers.com\/sr\/","logo":{"@type":"ImageObject","inLanguage":"sr-RS","@id":"https:\/\/ncrlawyers.com\/sr\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2021\/02\/ncr-logo-1-2.png?fit=988%2C706&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2021\/02\/ncr-logo-1-2.png?fit=988%2C706&ssl=1","width":988,"height":706,"caption":"Advokatska kancelarija NCR lawyers"},"image":{"@id":"https:\/\/ncrlawyers.com\/sr\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/NCRlawyers","https:\/\/www.instagram.com\/ncrlawyers\/","https:\/\/www.linkedin.com\/company\/ncr-lawyers"]},{"@type":"Person","@id":"https:\/\/ncrlawyers.com\/sr\/#\/schema\/person\/59431662c238f5bd9d3d072ecdfce300","name":"Advokatska kancelarija NCR lawyers","image":{"@type":"ImageObject","inLanguage":"sr-RS","@id":"https:\/\/secure.gravatar.com\/avatar\/feec04d1cb3405421d8b6a546e5c589d45951acfb19abfa7e4d66a382d29e84c?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/feec04d1cb3405421d8b6a546e5c589d45951acfb19abfa7e4d66a382d29e84c?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/feec04d1cb3405421d8b6a546e5c589d45951acfb19abfa7e4d66a382d29e84c?s=96&d=mm&r=g","caption":"Advokatska kancelarija NCR lawyers"},"description":"NCR is a top tier law firm compound of diverse group of legal professionals who operate collectively towards a single goal \u2014 providing our clients with top-tier legal service.","sameAs":["https:\/\/ncrlawyers.com","https:\/\/www.facebook.com\/NCRlawyers","https:\/\/www.instagram.com\/ncrlawyers\/","https:\/\/www.linkedin.com\/company\/ncr-lawyers"]}]}},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ncrlawyers.com\/wp-content\/uploads\/2023\/11\/Share-purchase-agreement-Serbia-2023-1.jpg?fit=1200%2C600&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/ncrlawyers.com\/sr\/wp-json\/wp\/v2\/posts\/4478","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncrlawyers.com\/sr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncrlawyers.com\/sr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncrlawyers.com\/sr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ncrlawyers.com\/sr\/wp-json\/wp\/v2\/comments?post=4478"}],"version-history":[{"count":1,"href":"https:\/\/ncrlawyers.com\/sr\/wp-json\/wp\/v2\/posts\/4478\/revisions"}],"predecessor-version":[{"id":8172,"href":"https:\/\/ncrlawyers.com\/sr\/wp-json\/wp\/v2\/posts\/4478\/revisions\/8172"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncrlawyers.com\/sr\/wp-json\/wp\/v2\/media\/4461"}],"wp:attachment":[{"href":"https:\/\/ncrlawyers.com\/sr\/wp-json\/wp\/v2\/media?parent=4478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncrlawyers.com\/sr\/wp-json\/wp\/v2\/categories?post=4478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncrlawyers.com\/sr\/wp-json\/wp\/v2\/tags?post=4478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}