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BDKnowledge

State aid in the time of COVID-19 crisis

March 16, 2020, , , ,
In the face of COVID-19 pandemic, a number of European countries are taking extraordinary measures in an effort to slow down the spread of infection and cope with the toll...
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Serbia: Employee stock options in limited liability companies

January 27, 2020, ,
Serbia has recently amended the Companies’ Act to introduce a legal framework for employee stock option plans (“ESOPs“) in limited liability companies (“LLCs“). Although the Parliament passed the law on...
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New Labour Act in Montenegro

January 21, 2020, ,
New Montenegrin Labour Act introduces important changes to the regulation of employment. 1. The maximum duration of fixed-term contract is extended to 36 months Although the basis for conclusion of...
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The Southeast Europe Energy Handbook 2019

December 19, 2019, ,
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Serbia: Employer’s obligation to fund the cost of commute

December 26, 2019, ,
Employees in Serbia have been traditionally entitled by law to reimbursement of costs of commuting to and from work in the amount capped at the price of public transportation ticket,...
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Serbian Staff Leasing Act – catching up with reality

December 17, 2019, ,
Background Despite ideological and legal differences between the social partners (employers’ and trade unions) that emerged in the course of its drafting, the Staff Leasing Act (“Act“) was finally adopted...
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Tax reform to affect Serbian IT industry

December 3, 2019, , ,
The Serbian government has sent to the National Assembly a bill on the amendments to the personal income tax and social contributions laws. The new rules are supposed to apply...
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Bogdan Ivanišević and Milica Basta, “Lexology Getting the Deal Through – Data Protection & Privacy”, Serbia, 2020 edition

October 16, 2019 and , ,
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Serbian Ministry of Finance clarifies that there is no withholding tax on payments on a notional principal under interest rate swaps

November 28, 2019, ,
The Ministry of Finance has finally reversed its own 2007 opinion which incorrectly held that gross payments on a notional amount under an interest rate swap agreement between a Serbian...
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Serbia gets its standard contractual clauses

January 28, 2020 and , , , , ,
Serbian Commissioner for Information of Public Importance and Personal Data Protection (“Commissioner”) issued on 16 January 2020 the long-awaited Standard Contractual Clauses (“Serbian SCCs”). The document will become applicable on...
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