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Loans from non-EU IFIs no longer subject to minimum tenor requirements

January, 2021, ,
The National Bank of Serbia (NBS) has updated its regulation of cross-border loans and guarantees involving Serbian borrowers and security providers (Update). The Update allows Serbian borrowers to agree to...
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New rules for business travel to Serbia

January 22, 2021,
As of 21 January 2021, Serbian and foreign citizens can travel to Serbia for business reasons, without a negative PCR test. To be able to do so, they have to...
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The Ministry of Labour’s Guide through occupational health and safety when working from home

January, 2021, , ,
The Serbian Ministry of Labour published on 18 January 2021 the Guide for Safe and Healthy Work from Home (Vodič za bezbedan i zdrav rad od kuće) (“Guide“). The Guide...
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Introduction of electronic application for temporary residence permit

January, 2021, , ,
As of 1 April 2021, foreigners can apply for the temporary residence permit without having to enter Serbia, electronically via e-Government Portal (“Portal“). The applicant should select “Living in Serbia”....
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Update on Covid-19-related fiscal incentives to corporate sector – payment of deferred tax

January, 2021, , , ,
On 24 December 2020, the Serbian government published a new decree that provides details on how the tax liabilities deferred under the fiscal stimulus decree of 10 April 2020 and...
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B&H Constitutional Court once again declares COVID-19 measures unconstitutional, although toothlessly

December, 2020, , , ,
Introduction On 22 December 2020, the Constitutional Court of Bosnia and Herzegovina (“the Court”) declared unconstitutional two measures imposed in the efforts to suppress the COVID-19 epidemic, namely the mandatory...
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Serbia: New procedure for temporary residence permit and work permits

December, 2020, , ,
As of 1 December 2020, the application for temporary residence permit and work permit for foreigners can be submitted at one stop-shop at the police station in the district of...
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Regulating cryptocurrencies – update

December, 2020 and , , ,
At one of the last sessions this year, the Serbian parliament voted to adopt the Digital Assets Act (Zakon o digitalnoj imovini) intended to regulate, but also enhance, the use...
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New moratorium on loans and financial leasing obligations in Serbia

December, 2020, , ,
The National Bank of Serbia has adopted new measures to facilitate loan and financial leasing instalment repayments to corporate clients affected by COVID-19 pandemic, which have come into force on...
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Staff leasing is a permitted practice in Bosnia and Herzegovina despite being unregulated

November, 2020,
On 10 November 2020, the Constitutional Court of Bosnia and Herzegovina passed a decision relevant for the permissibility of  staff leasing in Bosnia and Herzegovina. Background According to the facts...
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