Statistical Office of the Republic of Serbia 

Statistical Business Register  

The data are provided by the SBR unit and consider the number of registrations of new legal units and the number of declarations of bankruptcies within the quarter. The data are collected from the main administrative sources in the Republic of Serbia and aggregated at specific NACE section levels. 

NACE Rev. 2 

The data covers NACE Rev. 2 sections B to S excluding section O - Public administration and defence; compulsory social security and division 94 - Activities of membership organisations. 

The information relates to the number of registrations of new legal units and bankruptcies declared in particular NACE Rev. 2 categories, with quarterly dynamics. The information about registrations and bankruptcy is entirely drawn from administrative sources. Apart from S division 94 - Activities of membership organizations, it covers NACE sections B to E, F, G, H, I, J, K-N, and P-S. The information mentioned comes from legal entities that are registered with the Serbian Business Registers Agency (SBRA, the primary administrative source in RS), as well as the SORS administrative register of classification units (in charge in nonprofit units). Each month, SBR receives data from both sources. All economic and unprofitable subjects (legal and natural persons) that register their economic activity in SBRA and SORS administrative register, which also collect the primary registration information, such as the date of registration, the date of commencement (including the date of the bankruptcy of the legal units), the activity code (NACE Rev. 2 class), etc. In specific NACE Rev. 2 sections, these data are utilized to define the number of new legal entities registrations and the number of bankruptcy declarations in quarterly dynamics. When a unit satisfies all conditions to be registered in administrative sources and the act of registration of the legal unit is announced, that date is considered as the legal unit's registration date. The activity's actual start date may be different from the registration date. The beginning of bankruptcy proceedings, whether due to the legal unit's insolvency, excessive debt, or another legal reason, is known as the date of bankruptcy of the legal unit. Only legal units that are not state-owned can be the subjects of bankruptcy proceedings, and they can have one of two outcomes: either the legal entity is shut down or it is reorganized with the purpose of maintaining its operations. Therefore, if reorganization is successful, the legal unit on which the bankruptcy procedure has been initiated may continue to operate. 

The unit used for presenting data on registrations and bankruptcies is the legal unit.

The indicators include information from the SBRA and SORS administrative registers on legal units' bankruptcies and registrations. 

The territory on which data refer is Republic of Serbia. 

Data on registrations and bankruptcies is available from the year 2021. 

Not applicable.

The data on registrations and bankruptcies of the businesses are presented in absolute figures. 

The reference period is quarter. 

European Business Statistics Regulation (EU) No 2019/2152 (EBS Regulation) and the Commission Implementing Regulation (EU) No 2020/1197 of 30 July 2020 (EBS General Implementing Regulation) – ANNEX I, Part B. Elements of data requirements, Table 1. Short term business statistics on business population. 

The aggregated data are sent only to Eurostat. 

The data cannot be posted online or in other public releases because its only use is for statistical analysis.

The data cannot be published online or in other public releases. 

Data are sent to Eurostat within 40 days after the reference quarter. The given indicator is not included in the statistical release calendar since SORS does not publish it. Those data, including the data of the NACE Rev. 2 activity, originated strictly from administrative sources and are not published either. 

Not available. 

Not available. 

Data are transmitted quarterly to Eurostat. 

There is no news release because the provided indicator has not been published on a national level. 

Regarding the given indicator, there are no publications. 

The relevant collected data are not available in any public database. 

The access to the microdata is not available.  

The data are transferred to Eurostat through Edamis, to be used as aggregates. 

Not available. 

Not available. 

The quality management system of the SORS is based on the Code of Practice for European Statistics. 

The data on registrations and bankruptcies are sent quarterly, within 40 days after the occurrences. Those data come from administrative sources through web services, and standard IT tools based on the methodological solutions for implementing logic control are applied. The data on registrations and bankruptcies are considered to be of very good quality. 

Not available. 

Not available. 

There are no gaps in the completeness of the indicators. 

Regarding requested indicators, the data originated from reliable administrative sources. 

Not applicable. 

The indicator data includes all registrations and bankruptcies that occurred during the reference periods. Due to their engagement in sometimes complicated registration or bankruptcy processes, administrative sources may update the data retroactively and more than 40 days after the events of the quarter. As a result, the information related to these cases will be lacking. 

The Statistical Business Register uses administrative data to update its database in monthly dynamics. So, the data on the given indicators from the previous month are available in the first half of the current month and they are sent to Eurostat within 40 days after the end of the reference period. 

The data are sent to Eurostat within 40 days after the end of the reference period. 

The data are comparable with the corresponding data of other European countries. 

The data are comparable over time with the corresponding data of other European countries. 

Not applicable. 

Not applicable. 

Since data originated from administrative sources, there is no additional costs and burden on respondents. 

In case of revision the same rules are applied nationally and in transmission to Eurostat.

There is no practice in data revision regarding data on registrations and bankruptcies. 

Serbian Business Registers Agency (SBRA) 

Monthly 

Data is collected using a web service. 

During the regular monthly SBR updating from the administrative sources, data are checked using IT-related tools. 

Not applicable. 

There is no data adjustment regarding information on registrations and bankruptcies. 

No comments.