The new legislation on liquidation proceedings in Republika Srpska (Zakon o likvidacionom postupku “Official Gazette of Republika Srpska”, no. 82/19) (“New LPA“) comes into force...Read More
On 23 September 2019, the Serbian Prime Minister announced a reform of taxation of self-employed sole entrepreneurs. The new rules are supposed to become effective...Read More
Recently, the National Bank of Serbia (NBS) has refused to certify a report on amended loan agreement between a foreign bank and a Serbian corporate...Read More
The Amendments to the Enforcement Act (“Official Gazette of RS”, No. 54/2019) came into force on 3 August 2019 (“Amendments“) but will, all but one,...Read More
The Amendments to the Registered Pledge on Movables Act (“Movables Pledge Act“), which became applicable on 7 May 2019, introduce, inter alia, new provisions on...Read More
Modern business transcends national borders and increasing workforce mobility is a natural consequence. While the conditions for working in Serbia remain the same, the recently...Read More
One of the long-term aims proclaimed in the Montenegro’s tourism development master plan is to develop country’s high-end tourism offering. As high-end tourism requires high-end...Read More
The new Health Protection Act (Zakon o zdravstvenoj zaštiti “Official Gazette of RS“, no. 25/2019) and Health Insurance Act (Zakon o zdravstvenom osiguranju “Official Gazette...Read More
Serbian residents are generally allowed to acquire shares in foreign companies. However, the Serbian Capital Markets Act (“CM Act“) prohibits cross-border public offers of shares...Read More
Only three months are left until the latest amendments to the Serbian Companies’ Act become applicable. The amendments bring about many changes to the corporate...Read More
The long-awaited financial collateral legislation in Serbia, the Financial Collateral Act, has been finally adopted and will become applicable on 1 January 2019. Within its...Read More
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...Read More
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...Read More
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...Read More
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...Read More
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...Read More
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...Read More
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...Read More
