news

13/02/2017

Belgrade – new benefits for the purchase of construction land and payment of debts for land development fee

Belgrade City Assembly adopted new decisions, whereby certain benefits for purchase of construction land and settlement of debt based on land development fee in Belgrade have been set forth.

If you wish to read more about this issue or other novelties and changes in Serbian regulations, please contact us and we will be pleased to send you our Newsletter.

other news

Novelties regarding a membership fee in the Serbian Chamber of Commerce and Industry for the year 2018 29/01/2018

Serbian Chamber of Commerce and Industry adopted the Decision on the amount, manner and terms of payment of the uniform membership fee and financing of the Chamber of Commerce and Industry of Serbia in the year 2018. The most important novelties re...

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Novelties in the area of work and employment 12/01/2018

Multiple changes in regulations governing work and employment, including amendments to the Statute on Employment of Foreigners came into effect.   If you wish to read more about this issue or other novelties and changes in Serbian regu...

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What’s new in the Public property statute, Bankruptcy act and Statute on late payments in commercial transactions 08/01/2018

Amendments to the Public property statute, Bankruptcy act and Statute on late payments in commercial transactions bring significant novelties in these areas.   If you wish to read more about this issue or other novelties and changes in...

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Novelties in area of electronic business 21/11/2017

The Statute on electronic document, electronic identification and trustworthy services in electronic business which implementation started on October 27, 2017, aims to foster modernization and efficiency as well as to decrease costs of business, ad...

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The Real estate Appraisers Act 04/05/2017

In the process of harmonization with the EU Directive on mortgage loans, Serbia adopted the Real estate appraisers act whereby Serbia has, for the first time, regulated the conditions and manner of appraisal of real estate value and obligation for ...

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Novelties in policies to attract direct investments 25/02/2017

A new Bylaw on Terms and Conditions for Attraction of Direct investments entails fiscal incentives for investment projects in the manufacturing sector and sector of services that can be a subject of international commerce. If you wish to read mor...

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Novelties in area of Housing and Maintenance of Buildings 06/02/2017

The new Act on Housing and Maintenance of Buildings applies to residential, business and business-residential buildings and therefore, it is recommendable that all individuals and entities that are owners of apartments, business units and other spe...

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New RSD non-taxable amounts on income tax 02/02/2017

The Serbian Government published new non-taxable amounts regarding the compensation of costs and other income of employees that are not salary by nature (harmonized RSD amounts) and harmonized the tax base for the calculation of income tax. If yo...

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Employers’ duties regarding providing of the first aid at workplace 11/01/2017

A new policy regulating the manner of providing the first aid, type of assets and equipment that must be furnished at workplace in regard thereto, as well as the manner and deadlines for training of employees for providing the first aid came into f...

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Amendments to the Statute regulating VAT 04/01/2017

Amendments to the Statute on Value Added Tax came into force on January 1, 2017If you wish to read more about this issue or other novelties and changes in Serbian regulations, please contact us and we will be pleased to send you our Newsletter.

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Membership fees in Serbian Chamber of Commerce and Industry in 2017 28/12/2016

The Decision on the amount, manner and deadline for payment of a unified membership fee and financing of the Chamber of Commerce and Industry of Serbia in the year 2017, shall be implemented from January 1, 2017.   If you wish to read mo...

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New Special Collective Agreements in Real Economy Sector 24/09/2016

Three new special collective agreements came into force in Serbia in September 2016, for the sector of agriculture, food, tobacco industry, and water management, the sector chemistry and non-metals and the sector of construction and construction mate...

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A higher minimum price for labor in 2017 17/09/2016

The Government of the Republic of Serbia has passed the Decision on a new amount of minimum price for labor that will be in effect from January 1, 2017. The minimum price for labor in 2017 will be RSD 130 per one workhour and it does not include th...

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Novelties regarding the organization and operation of cooperatives and their unions 31/08/2016

The existing cooperatives and cooperative unions are obligated to comply their organization, operation and documents with the provisions of the new Law on cooperatives at the latest by January 7, 2017. The Law set forth a legal status of cooperative...

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New Enforcement and Security Act takes effect 28/06/2016

New Enforcement and Security Act takes effect on July 1, 2016. The statute aims to regulate enforcement and security proceedings in a more comprehensive, efficient and fair manner. If you wish to read more about this issue or other novelties and cha...

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The Central Register of Temporary Limitations of Rights of Subjects Registered with the Business Registry Has Been Launched 01/06/2016

The implementation of the Act on the Central Register of Temporary Limitations of Rights of Subjects Registered with the Agency for Business Registers started on June 1, 2016. From now on, this register shall record all prohibitions and limitations...

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New Advertising Act 04/05/2016

The implementation of the new Advertising Act starts on May 6, 2016. The new act incorporated numerous novelties in the area of advertising. In addition it regulated certain existing solutions more precisely.    If you wish to read mo...

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New Conditions and Manner of Consensual Financial Restructuring 29/01/2016

The Consensual Financial Restructuring Act shall take an effect as of February 3rd, 2016. This Act regulates terms and conditions as well as manner of consensual financial restructuring of entities and entrepreneurs in Serbia. Financial restructuri...

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Amendments to the Law on Income Tax 13/01/2016

Amendments to the Law on Income Tax have taken an effect on January 1st, 2016. The amendments have established, inter alia, a new non-taxable amount of per diem for a business trip abroad for employees who are not employed with a public sector as w...

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Law on Conditions for Assignment of Employees to a Temporary Work Abroad and their Protection 11/01/2016

Implementation of the Law on Conditions for Assignment of Employees to a Temporary Work Abroad and their Protection starts on January 13th, 2016. The Law regulates rights of employees, conditions, procedure and obligations of employer regarding the...

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Law on Protection of the Right to a Trial within a Reasonable Time 10/12/2015

The Law on Protection of the Right to a Trial within a Reasonable Time shall be implemented as of January 1st 2016. The Law aims to prevent obstruction of proceedings as well as to improve the mechanisms for protection of the right to a trial in a ...

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Amendments to the Health and Safety at Work Act 13/11/2015

The amendments to the Health and Safety at Work Act came into force on November 13th, 2015. These amendments introduced new obligations for employers and more rigorous requirements for professional performance of jobs related to health and safety a...

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Passing of a new Investments Act 04/11/2015

Investments Act came into force on November 4, 2015. It was enacted with the goal to improve investment environment, encourage direct investments, set equal treatment of foreign and domestic investors, increase the efficiency of the authorities in ...

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New Non-taxable Amount of Daily Allowance for Business Travels Abroad 08/10/2015

The Amendments to the Bylaw on Compensation of Expenses and Severance to the State Officials is in effect as of October 14th, 2015. The amendments abolished enactment of the list of daily allowances for different foreign countries and instead of th...

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Shall the Law on Payment Services Enhance Conditions for Payment Transactions and Protection of the Users of Payment Services? 08/09/2015

Implementation of the Law on Payment Services starts on October 1st, 2015, with the exception of provisions which implementation has been delayed until the accession of the Republic of Serbia to the European Union.   The reason for enac...

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Novelties in the Mortgage Law 20/07/2015

Amendments to the Mortgage Law have set new formal conditions for perfection and cessation of a mortgage as well as rules for settlement of claim from the value of collateral. Pursuant to the amendments, a subsequent agreement as defined by the Law...

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Newly Imposed Excise Duties 04/07/2015

Amendments and supplements to the Law on Excise entered into force on July 3rd 2015, provided that the provisions related to the taxation of excise on electricity consumption apply on use of electricity as of August 1st 2015. The amendments expande...

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Is the Endless Privatization Process Coming to an End? 28/05/2015

Amendments to the Law on Privatization came into force on  May 28th 2015 and their main goal was to allow 17 companies of strategic importance for the country, as well as economic entities on the territory of the Autonomous Province of Kosovo ...

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Employer’s duties pursuant to The Law on Protection of Whistleblowers 20/05/2015

The Law on Protection of Whistleblowers shall come into force as of June 5th, 2015. Among other things, the Law sets forth employer’s duties in regard to the procedure of whistleblowing and notifying  the persons engaged by the empl...

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Novelties in the Bylaw on location conditions 20/04/2015

The Bylaw on Location Conditions was published in the “Official Gazette of the Republic of Serbia” no. 35/2015on April 17th, 2015, and has been effective as of April 18, 2015. The Bylaw sets forth that the location conditions are issue...

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