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Serbia’s legal and business environment in 2025 has faced a period of adjustment, with slower economic dynamics influenced by political uncertainty and reduced investment activity. Nevertheless, Wolf Theiss Partner Natasa Lalovic Maric notes that the market continues to show meaningful pockets of resilience, supported by selective transactional activity and steady legislative developments that signal a more stable and constructive outlook moving forward.

In the era of information exchange through modern information and communication technologies, it has inevitably come about that commerce, including the making of offers as well as the conclusion of contracts themselves, is conducted electronically. This trend has also been recognized by the legislator, who has regulated, through statutory acts, the rules and conditions for the validity of contracts concluded electronically.

In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.

In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. This time around, we asked: With autumn being a peak conference period, what are your annual “cannot miss” conferences during the fall season and why?

The real estate market in Serbia has experienced a dynamic year in 2025, shaped by steady domestic demand and renewed interest from international investors. Residential and commercial segments have continued to be stable, supported by rising activity in major urban areas. Logistics and industrial properties remain among the strongest performers, driven by the expansion of regional distribution hubs, sustained interest in warehouses, and long-term commitments from manufacturing companies. Investors are increasingly looking beyond Belgrade and into regional centers, where development pipelines offer competitive yields. As investor expectations grow, understanding Serbia’s legal and regulatory landscape has become as important as assessing broader market fundamentals.

The European Commission has recognised the regulatory disparities that exist between EU Member States and the candidate Balkan countries. To address these differences, it has identified the need to assess national legal frameworks and provide recommendations to Balkan countries for aligning them with EU standards.

Under Serbian law, acquisition of title to real estate is traditionally based on a valid legal ground (iustus titulus) and registration as the decisive act of acquisition (modus acquirendi). Registration therefore has constitutional relevance, producing erga omnes effects and enabling reliance by third parties.

The Amendments to the Law on Factoring entered into force on 12 December 2025 (“Amendments”). The Amendments introduce developments in the legal and regulatory framework for factoring in Serbia, aiming to align it with international standards and best market practices, ensure compliance with AML and CTF principles, and enhance transparency and the efficient functioning of the factoring market.