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Unnotified exclusive distributorship under scrutiny of the Competition Commission

May 29, 2018, ,
Serbian Commission for the Protection of Competition (“Commission“) has initiated proceedings against a Polish sports equipment producer Polanik and its exclusive distributor in Serbia GR SPORT doo on allegations that they failed...
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Serbian competition watchdog hits SBB with allegations of abuse of dominant position

April 20, 2018, , ,
On 27 March 2018, the Serbian Commission for Protection of Competition (“Commission“) initiated investigation against Serbia Broadband (“SBB“), the largest Serbian cable distribution system operator for alleged abuse of dominant...
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GDPR finally comes into effect and will have an impact on Serbian, Montenegrin and Bosnian businesses

May, 2018, ,
After two years of keen anticipation, the day on which the EU General Data Protection Regulation (GDPR) becomes effectively applicable (25 May 2018) has finally arrived. Although GDPR is an...
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Changes in state aid control regime in Montenegro

February 20, 2018 and , , ,
A new State Aid Control Act (Zakon o kontroli državne pomoći) (“SACA“) was adopted in Montenegro on 14 February 2018., bringing significant institutional, substantive and procedural developments to the existing...
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Serbia: Amendments to the Insolvency Act

January, 2018,
Long-awaited amendments to the Insolvency Act, proposed back in October 2016, were finally adopted by the Serbian Parliament, and came into force on 25 December 2017. Improvement of the position...
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Serbia: When linguistics interferes with law

December, 2017,
By adopting on 14 December 2017 an authentic interpretation of Article 48 of Enforcement Act, the Serbian Parliament has put an end to a year-long ban on forced collection of...
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Montenegro: New Legislation on Financial Leasing, Factoring, Purchase of Receivables and Microcredit and Credit-Guarantee Operations

November, 2017,
The Montenegrin Parliament adopted the Act on Financial Leasing, Factoring, Purchase of Receivables, Microcredit and Credit-Guarantee Operations on 25 October 2017. The new legislation will come into effect on 11...
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Serbia to Abolish Full Blown Withholding Tax on Non-Resident Service-Providers and Simplify Conditions for Tax Deductibility of NPL Write-Offs for Serbian Banks

December, 2017,
The Serbian Ministry of Finance has published draft amendments to the Corporate Income Tax Act (CITA), which were formally approved by the Government on 1 December 2017 and sent to...
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Serbia: Serbian Business Registers Agency started compulsory liquidation procedures

November, 2017,
The Companies Act introduced in 2011 the obligation of the Serbian Business Registers Agency (SBRA) to institute compulsory liquidation over companies for failure to comply with legal obligations under the...
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Montenegro: New Act on Spatial Development and Construction adopted

October, 2017,
The Montenegrin Parliament adopted the new Act on Spatial Development and Construction on 30 September 2017. The new legislation introduces radical changes in the areas of spatial planning and construction....
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