Montenegro recently adopted the Act on Write-Off of Interest on Overdue Tax Liabilities. The legislation came into force on 21 September 2024, and it will apply from 1 January 2025. Its aim is to incentivise taxpayers to clear their outstanding tax liabilities as part of the government’s broader effort to improve tax collection. Eligible tax […]
2024 edition of Who’s Who Legal: M&A and Governance once again recognises our senior partner Vladimir Dašić as a leading transactional and governance practitioner in Serbia. WWL: M&A and Governance identifies the leading individuals in the global corporate legal market who stand out internationally for their first-class work managing a spectrum of corporate transactions, ranging […]
Introduction The Montenegrin Act on the Use of Energy from Renewable Sources (Renewables Act) came into force on 31 August 2024. This legislation aims to promote the production and use of green energy, and to implement the EU’s Energy Efficiency Directive. Its centrepiece is the introduction of support schemes for energy from renewable sources. Additionally, […]
Proud to announce that we acted as local legal advisors to Aggreko on the Serbian aspects of Aggreko’s strategic acquisition of Resalta, a leading energy services provider in Central and Eastern Europe. BDK team was led by Dragoljub Cibulić and consisted of Dragoljub Sretenović, Marija Gligorević, Đorđe Zejak, Relja Radović, Anja Gligorević and Petar Erić. […]
The Who’s Who Legal: Arbitration 2024 survey of the world’s leading arbitration lawyers recommends again our managing partner Tijana Kojović as a leading arbitration practitioner in Serbia. Who’s Who Legal: Arbitration recommendations are based on feedback made by colleagues and clients.
The controversial practice of shadow banning by social media platforms has been recently scrutinized for its compliance with GDPR by a court in Belgium. The Court of Appeal in Ghent in its decision of 3 June 2024 found that shadow banning practices used by Meta and imposed on Belgian right-wing politician Tom Vandendriessche were in […]
The Serbian Parliament has approved the amendments to the Payment Services Act (“PSA“) which are meant to mirror PSD2 and introduce open banking driven services to Serbian market. The amendments will begin to apply from 6 May 2025. We here summarize the most relevant changes. Who does these amendments affect? Firms that will be affected […]
The amendments to the Geological Research Act of Republika Srpska, sub-sovereign entity within Bosnia & Herzegovina, took effect on 24 July 2024. This Act regulates the conditions for exploration of mineral and other geological resources. The amendments aim at creating an encouraging legal framework for investment in geological research projects in Republika Srpska. Environmental impact […]
The Serbian Commission for Protection of Competition (“Commission“) has launched a short public consultation process on the drafts of four new block exemption regulations: (i) Regulation on categories of vertical agreements exempted from the prohibition of restrictive agreements (VBER); (ii) Regulation on categories of technology transfer agreements exempted from the prohibition of restrictive agreements; (iii) […]
BDK Advokati advised Seyfor, one of the largest software companies in Central Europe, on the acquisition of 70% of equity in the Serbian IT company M&I SYSTEMS,CO, a leader in software solutions development, digital transformation, and IT consulting. Seyfor is part of Sandberg Capital, a Slovak private equity firm focused on investing in smaller and […]
