BDK Advokati

Regulation of lending Banking monopoly rules. There is a fairly strict banking monopoly law limiting lender activities in Serbia. However, there are methods of lending available to foreign lenders. Regulatory distinction...
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Five months after adoption of the new Law on Planning and Construction1 (“Law”), the Serbian Government has enacted the Decree on Criteria and Procedure for Determination of Conversion Compensation2 (“Decree”)....
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The Serbian Parliament has recently adopted the Law on Stimulating Construction Industry, (“Law”) purportedly aiming at boosting Serbian construction industry in the environment of pending financial crisis. The Law enables...
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Serbia’s new Law on Bankruptcy (Zakon o stečaju, Official Gazette of the Republic of Serbia, n.104/09) partially ends legal uncertainties as to the enforceability of ISDA Master Agreements or similar...
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The Law on Professional Rehabilitation and Employment of Disabled Persons (the “Law”) introduces an obligation on all employers having 20 or more employees to maintain on their payroll a certain...
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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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