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Republika Srpska, capital markets: Amendments to Takeover Act

July 22, 2013
Increased threshold for mandatory takeover offer The percentage of voting shares held in the target company that triggers mandatory takeover offer is increased from 25% to 30% of total number...
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Tax: Rulebook on transfer pricing

July 22, 2013
On 12th July 2013, the Ministry of Finance issued the Rulebook on transfer pricing and arm’s length methods applicable to determination of prices in related-party transactions (“Rulebook”). The Rulebook implements...
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Finance: National Bank of Serbia allows non-deliverable derivatives

July 19, 2013
The National Bank of Serbia amended its Decision on Transactions with Financial Derivatives (Odluka o obavljanju poslova sa finansijskim derivatima, “Official Gazette of the Republic of Serbia”, No. 85/2011) to...
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Foreign trade: Decree on Offsetting Foreign Trade Receivables and Payables

July 16, 2013
The latest amendments to the Serbian Law on Foreign Exchange Transactions (Zakon o deviznom poslovanju, Official Gazette of the RS 62/2006, 31/2011 and 119/2012) (“Forex Law”), adopted in 2012, liberalized...
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Managing Partner Tijana Kojović quoted by The Lawyer

July 10, 2013
BDK’s Managing Partner Tijana Kojović has provided an insight into the effect of the harsh economic climate on the legal practice in Serbia in a special Balkans report published by “The Lawyer”.
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BDK’s overview of IP in Serbia published in Chinese IP directory

July 9, 2013
BDK’s Head of IP Practice Group Bogdan Ivanišević has contributed to the International IP Law Firms 2013 edition, with an overview of intellectual property protection in Serbia. The Serbia chapter...
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Corporate: Law on Prevention of Illegal Business – Montenegro fights gray economy

July 2, 2013
The Law on The Prevention of Illegal Business (Zakon o sprečavanju nelegalnog poslovanja, „Official Gazette of Republic of Montenegro“ no.29/13) came into force on 23 June 2013. Its nature is...
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Dispute resolution: Constitutional court declares provisions of law on civil procedure unconstitutional

June 17, 2013
Requirement that a party be represented by qualified attorney The disputed provision of the Law on Civil Procedure required that a party be represented in civil litigation by a qualified...
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Real estate: Legalization declared unconstitutional

June 11, 2013
On 7 June 2013, the provisions of the Law on Planning and Construction (Zakon o planiranju i izgradnji, Official Gazette RS no. 72/2009, 81/2009, 64/2010, 24/2011, 121/2012 and 42/2013) on...
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Balkan Insight publishes article by BDK’s Bogdan Ivanišević on reasoning behind recent ICTY rulings

June 12, 2013
The Balkan Insight published an article by BDK’s Bogdan Ivanišević, entitled “Falling out of Love with the Hague Tribunal“. The article examines recent developments in the International Criminal Tribunal for...
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