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Amendments to Planning and Construction Law

April, 2011,
The Serbian Parliament has adopted amendments to the Planning and Construction Law. The amendments are primarily intended to speed up legalization procedures and the procedure to convert the right of...
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Government imposes cap on fee for mortgage registration

February, 2011,
The expense of registering  a mortgage in Serbia was exorbitant until recently. The Decree on the Fees for the Use of Survey and Cadastral Data and Services of the Republic...
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New Law on Energy

January, 2011,
The Serbian Parliament adopted the new Law on Energy on 28 July 2011 (the “Law”). The Law is a step within the process of harmonizing the Serbian energy sector with...
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New Trademark Law in force in Montenegro

January, 2011,
The new Montenegrin Trademark Law (“Official Gazette of RM”, no. 72/2010) (“TM Law”) entered into force on 16 December 2010. The main novelties introduced by the TM Law are presented...
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New Law on Trade Secret Protection in Serbia

January, 2011,
The new Serbian Law on Trade Secret Protection broadly defines a trade secret as any undisclosed information that has commercial value because it is not generally known or accessible to...
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Serbian Competition Commission imposes first fines

January, 2011,
In a highly controversial decision rendered on 24 January 2011 (“2011 Decision”), the Serbian Commission for Protection of Competition (“Commission”) fined two Serbian dairies owned by Danube Foods Group (Imlek...
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Serbian Competition Commission maintains momentum in imposing fines

January, 2011,
Тhree days after issuing a highly controversial decision imposing fines on two Serbian dairies for a conduct established under the previous legislation when the Commission did not have the authority...
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Estate tax increase

January, 2011,
The Serbian Parliament voted the amendments to the Law on Property Taxes, effective as of 1 January 2011, significantly increasing the estate tax rates applicable to individuals. The additional burden...
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New Companies Law in Serbia

January, 2011,
The new Companies Law (the Law), which came into force on 4 June 2011, will become applicable on 1 February 2012. Serbian companies are obliged to harmonize their organizations and corporate...
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Amendments to Serbia’s Law on Foreign Exchange

January, 2011,
The amendments to the Law on Foreign Exchange came into force on 25 May 2011. Capital transactions Financial derivatives are now classified as “capital transactions.” All other issues relevant for transactions...
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