Changes to the Companies’s Act of Republika Srpska (Bosnia and Herzegovina) affecting limited liability companies The amendments to the new Companies’ Act of Republika Srpska, the sub-sovereign entity within Bosnia and Herzegovina, entered into force on 2 March 2023. We offer an overview of the most important changes pertaining to limited liability companies (LLCs), this being the most common corporate form for private investments. Serbian competition authority continues its focus on RPM in e-commerce space The Serbian Commission for Protection of Competition continues its RPM chasing spree. It has opened on 1 February 2023 yet another investigation into an alleged RPM practice, this time against Valliant, Serbian distributor of “Valliant” and “Protherm” heating equipment. From this year Serbian exports to Germany should comply with international human rights and environmental standards On 1 January 2023, the German Act on Corporate Due Diligence Obligations in Supply Chains entered into force. A new General Collective Agreement concluded in Montenegro A new General Collective Agreement applicable to all employers and employees in Montenegro came into force on 31 December 2022 and will be valid for an initial period of three years. Update on the Montenegrin rules on special residence regime for digital nomads After the Foreigners’ Act announced in August 2022 new temporary residence permit regime for digital nomads, the Ministry of Interior has now enacted a bylaw which regulates the details of the procedure and documents required for the permit.

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BDK Advokati (BDK) is a full-service law firm with offices in Belgrade (Serbia), Podgorica (Montenegro) and Banja Luka (Bosnia and Herzegovina). The firm was established in 2004 and quickly reached the top-tier in Serbia. From the outset, the firm has also been active in transactions and litigation taking place in the neighbouring markets of Montenegro and Bosnia and Herzegovina. This experience was strengthened with the opening of offices in Podgorica in 2009 and Banja Luka in 2013.

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