(Zakon o elektronskoj trgovini, Službeni Glasnik RS no. 41/2009) The new Law on Electronic Commerce (Law), in force as of 10 June 2009, represents a much-needed upgrade of Serbian legislation towards demands of a modern market economy, which increasingly relies on e-commerce. The Law is a brief piece of legislation spanning across 23 articles, which […]
As part of the financial stabilization package accompanying the latest arrangement struck between the Serbian Government and the IMF, the Serbian Parliament amended several tax laws with the aim of increasing the budget intake. The new amendments came into force on 8 May 2009. Personal Income Tax (PIT) The amendments to the Law on PIT […]
The new Serbian Competition Law (“Law”) will come into force on 22 July 2009. The two most important changes from the previous competition legislation pertain to the relaxing of the thresholds for concentration approval and boosting of the powers of the Competition Commission. One of the most significant drawbacks of the former Competition Law was […]
Amendments to the Labor Law In hope of forestalling the rise of unemployment rate in Serbia, the National Assembly of Serbia adopted an amendment to the Labor Law dealing with paid leave. Prior to the amendments, the employer was entitled to send its employees on paid leave only in case of interruption of work process. As […]
The new Serbian Law on Protection of Competition (“Law”) applies to all proceedings initiated after 1 November 2009. The Decree on the criteria for determining the relevant market (“Relevant Market Decree”) and the Decree on the content and manner of submission of a notice on concentration (“Concentration Filing Decree”) came into force on 10 November […]
As part of the process of restructuring the energy market in Montenegro, the Regulatory Agency of Montenegro enacted at the very end of 2008 several regulations which, from the regulatory point of view, mean opening of the Montenegrin electricity market as of 1 January 2009. Concurrently, the Public Power Company of Montenegro (“EPCG”) acting as […]
The Government of Serbia has adopted a decree on feed-in tariffs effectively permitting subsidies to producers of energy from renewable sources and combined plants. Tariffs guaranteed by the Decree are as follows: 7.8 to 9.7 eurocents per kWh for small hydro power plants, 11.4 to 13.6 eurocents per kWh for biomass plants, 12 to 16 […]
Extension of temporary residence The new Law on Foreigners, which is applicable from 1 April 2009, introduces an important novelty pertaining to temporary residence status. Namely, a foreigner who wants to extend his/her temporary residence status must submit a request to the authorized body of the Ministry of Interior (i.e. a local police station) no […]
One year behind the schedule imposed by Annex 1 of the Athens Treaty, the Montenegrin Regulatory Agency enacted at the end of 2008 several regulations aimed at creating some of the necessary conditions for the upcoming liberalization of the energy market: the Decision on the Opening of Electricity Market, the Decision on Determining the Public […]
The Serbian Government, the representative trade unions, and the Union of Serbian Employers (Unija poslodavaca Srbije) reached an agreement on amendments to the General Collective Agreement (Opšti kolektivni ugovor, “Službeni glasnik RS” n. 50/2008, 104/2008 and 8/2009) and its extended application to all employers in the Republic of Serbia on 30 January 2009. In line […]
