When establishing a company, one of the important questions is the amount of initial capital. The amount of capital primarily depends on the legal form of the company, as well as the legal regulations of the country in which the company is being established. Below is an overview of the minimum and maximum capital requirements for the most common types of business entities in Serbia.

Limited Liability Company (DOO)
A DOO is the most common type of business entity in Serbia, characterized by the limited liability of its founders for the company’s obligations.
The minimum founding capital is only 100 dinars, which allows for easy and quick establishment, especially for small and medium-sized enterprises.
The maximum capital is not legally restricted – founders can contribute any amount, either in cash or in kind (e.g., equipment, vehicles, real estate), according to their business plan.

Joint-Stock Company (AD)
A joint-stock company is a form of business usually used for larger and more complex ventures, often with the goal of raising capital through the issuance of shares.
The minimum capital depends on the type of joint-stock company:

For a closed AD: at least 3,000,000 dinars

For an open AD (if shares are offered publicly): at least 25,000,000 dinars
The maximum capital is not prescribed by law and can be determined by the founders.

Entrepreneur
An entrepreneur is an individual who conducts business in their own name and for their own account. This form of business is simple and suitable for artisans, freelancers, and small businesses.
No founding capital is required, as the entrepreneur is personally liable for all obligations with their entire property.

For limited partnerships and general partnerships, the law does not prescribe a minimum or maximum amount of founding capital, meaning the founders determine the investment amount themselves according to their business plans and mutual agreements.