Serbia: a Package of Financial Laws has been Adopted
On 19 April 2018, the National Assembly of the Republic of Serbia adopted amendments of several financial laws. Below are…
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New Law on Prevention of Money Laundering and Financing of Terrorism
The main reasons for adoption of this new piece of legislation which will start to apply from 1 April 2018…
What Brings the Amendments to the Labor Law and the Law on Employment of Foreigners
The National Assembly of the Republic of Serbia recently adopted the amendments to the Labor Law and the Law on…
Serbia: Law on Changes and Amendments to the Law on Bankruptcy
On 14 December 2017 the National Assembly of the Republic of Serbia adopted the Law on Amendments to the Law on…
Serbia: New Law on Electronic Document, Electronic Identification and Trust Services for Electronic Transactions
Despite numerous attempts in the past few years to switch from the classic form to the electronic form of conducting…
New tax rulebooks in Serbia – trend of increased taxation of foreign legal entities
Upon recent amendments of the Law on Value Added Tax in Serbia (the “VAT Law”), the Ministry of Finance adopted…
Expedited Procedure Rules part of the new ICC Rules
On March 1, 2017, the amendments to the ICC Rules entered into force. Among different changes, maybe the most noticeable…
Serbia: Regulation on the Terms and Conditions for Attracting Direct Investments
The Regulation on Terms and Conditions for Attracting Direct Investments (“Official Gazette of the Republic of Serbia”, no. 110/2016) has…
Changes in tax laws in Serbia – New duties for foreign legal entities
The Law on Amendments to the Law on Value Added Tax (hereinafter: Law on VAT), the Law on Amendments to…
The conclusion of a restrictive agreement is a new criminal offence in the amended Criminal Code of Serbia
The Criminal Code (Official Gazette of RS, no. 85/2005, 72/2009, 111/2009, 121/2012, 104/2013, 108/2014 and 94/2016; “Code”) was amended on…
Serbia: Draft of the Financial Securities Law
The National Bank of Serbia recently prepared a draft of the Financial Securities Law (the „Draft“). The Draft is open…
Serbia: The new Law on Enforcement and Security
The Serbian Parliament adopted the new Law on Enforcement and Security (“Official Gazette of the Republic of Serbia” no. 106/2015)…
Serbia: New amendments of the Law on Tax Administration and Tax Proceedings
Despite the recently adopted amendments of the Law on Tax Proceedings and Tax Administration (“Law”), on 24 February 2016 the…
Serbia: The new Decree on the Content and Manner of Submitting the Notification on Concentration regulating the simplified notification procedure in detail was adopted
As most business subjects which are active on the Serbian market already know, the Law on Protection of Competition (hereinafter…
Serbia: The National Assembly adopted set of amendments to the tax laws
1. Law on Amendments to the Law on Corporate Income Tax (Official Gazette of the Republic of Serbia no. 112/2015)…
Serbia: New Law on Mining and Geological Exploration
The necessity for a larger number of investments in the field of mining and geological exploration, as well as numerous deficiencies…
Serbia: Very different proposals of the new Law on Personal Data Protection
The area of personal data protection in Serbia started to develop only with the enactment of the Law on Personal Data…
Serbia: Law on Investments
(Official Gazette of the Republic of Serbia, no. 89/2015) The Law on Investments (hereinafter “the Law”) came into force on 4…
European court enacted a decision effectively invalidating the EU-US Safe Harbour privacy principles
On 6 October 2015 the European Court of Justice enacted a decision (Schrems, case C- 362/04) by which it declared the…
Serbia: Law on Amendments to the Law on Value Added Tax
(Official Gazette of the Republic of Serbia, no. 83/2015) Amendments to the Law on Value Added Tax (hereinafter the “Law”) was…