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DERIVATIVES In 2007, the Serbian Tax Authority opined that the amount payable by resident to non-resident under interest rate swap is regarded as payment of interest subject to withholding tax...
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(Zakon o elektronskom dokumentu, Službeni Glasnik RS no. 51/2009) The new Law on Electronic Documents, in force as of 21 July 2009, represents an important step towards a more precise...
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(Zakon o elektronskoj trgovini, Službeni Glasnik RS no. 41/2009) The new Law on Electronic Commerce (Law), in force as of 10 June 2009, represents a much-needed upgrade of Serbian legislation...
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As part of the financial stabilization package accompanying the latest arrangement struck between the Serbian Government and the IMF, the Serbian Parliament amended several tax laws with the aim of...
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The new Serbian Competition Law (“Law”) will come into force on 22 July 2009. The two most important changes from the previous competition legislation pertain to the relaxing of the...
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Amendments to the Labor Law In hope of forestalling the rise of unemployment rate in Serbia, the National Assembly of Serbia adopted an amendment to the Labor Law dealing with...
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The new Serbian Law on Protection of Competition (“Law”) applies to all proceedings initiated after 1 November 2009. The Decree on the criteria for determining the relevant market (“Relevant Market...
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As part of the process of restructuring the energy market in Montenegro, the Regulatory Agency of Montenegro enacted at the very end of 2008 several regulations which, from the regulatory...
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The Government of Serbia has adopted a decree on feed-in tariffs effectively permitting subsidies to producers of energy from renewable sources and combined plants. Tariffs guaranteed by the Decree are...
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Extension of temporary residence The new Law on Foreigners, which is applicable from 1 April 2009, introduces an important novelty pertaining to temporary residence status. Namely, a foreigner who wants...
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