AmCham Round Table on Judicial Practice in Commercial Matters 3
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AmCham Roundtable on Judicial Practice in Commercial Matters

Tijana Kojović, managing partner of BDK Advokati, co-moderated with Milan Lazić, partner in Karanović & Partners, the AmCham Roundtable on Judicial Practice in Commercial Practice. The participants to the roundtable were Nela Kuburović, the Minister of Justice, Vesna Lazarević, deputy president of the Administrative Court, Radmila Obućina, president of the Commercial Court of Appeals, Jovan […]

Labiana closes acquisition of Vetzavod
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Labiana closes acquisition of Vetzavod

Labiana Group, one of the global leaders in animal health industry, closed the acquisition of all issued shares in Veterinary Institute of Subotica (Vetzavod), a Serbian leading animal vaccine producer. Labiana acquired 67.05%  of Vetzavod’ shares from Victoria Group AD and 32.95% from Sojaprotein AD. Labiana Group has two pharmaceuticals plants in Spain and is […]

Cross-border ESSPs and ESOPs in Serbia – has anything really changed?
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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

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 resident and a non-resident are subject to withholding tax on interest. This opinion was obviously wrong as it overlooked the economic essence of the payments […]

Drivers and issues for M&A in the South-east Europe
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Drivers and issues for M&A in the South-east Europe

Senior partner Vladimir Dašić shared his thoughts on “Drivers, issues and countermeasures” at a panel organized by SEE Private equity and M&A forum in Belgrade. Other speakers at the panel were Alexandra Nagle from Alantra and Leo Morozov from Fortenova group. Vladimir emphasized the importance of maintaining a regional perspective because this is what gives investors the opportunity to […]

Serbia gets its standard contractual clauses
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Serbia gets its standard contractual clauses

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 30 January 2020. Serbian SCCs are not designed as a cross-border transfer instrument first and foremost. Rather, the clauses apply to a controller-processor relationship irrespective […]