Kinstellar has advised A1 Srbija on the acquisition of a greenfield site in Serbia.

Karanovic & Partners has advised AMD on opening an engineering design center in Serbia.

Former Schoenherr Partner Jelena Arsic has joined MaxBet in Serbia as its new Chief Legal and Risk Officer.

At the end of last year, the Ministry of Finance announced the improvement of the Electronic Invoicing System (known as SEF), which will consist of various modules. Certainly, the most significant module will still be the E-Invoice, which has already been in use by business entities since January 1, 2023. Along with it, new modules such as the E-Delivery note, E-Excise, and E-Customs will also be integrated.

NKO Partners has advised Igepa Cartacell and Deus System on their merger. The new entity will operate under the name Igepa Deus.

The Social and Economic Council of the Republic of Serbia passed the Decision on the amount of the minimum salary for the year 2025. The Decision was published in the Official Gazette of the Republic of Serbia No. 74/2024 on September 4, 2024.

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.

AI is developing rapidly in Serbia and numerous initiatives are emerging daily. Therefore, a working group, which includes our Schoenherr expert Marija Vlajković, is already in the process of drafting a new Law on Artificial Intelligence. The final draft is expected by spring 2025.

In the Official Gazette of the Republic of Serbia no. 71, dated August 16, 2024, a new Rulebook on Tax Exemption on Capital Gains Realized from the Transfer of Copyright, Related Rights, and Industrial Property Rights (“Rulebook“) was published.

Serbia is quickly becoming a favored destination for foreign couples seeking marriage and new opportunities according to Stojkovic Attorneys Head of Labor and Immigration Mina Radojevic Vlacic.

Cvjeticanin & Partners has advised Tetra Pak Serbia on the development and implementation of the Eco Challenge award contest.

In a crucial legal victory for the European Commission, the European Court of Justice (ECJ) has upheld the Commission’s decision that Apple must repay up to €13 billion in back taxes to Ireland. This ruling, issued in September 2024, reaffirms the Commission’s original 2016 judgment, marking a significant step in the European Union‘s effort to crack down on favorable tax arrangements for multinational corporations. 

Under which circumstances are controllers and processors not required to maintain records of personal data processing activities? The Personal Data Protection Law, modeled on the GDPR, sets out exceptions to the obligation for organizations with fewer than 250 employees to keep processing records. While this acknowledges the characteristics of small and medium-sized enterprises, ensuring they are not unnecessarily burdened with additional costs, the number of employees is not the sole criterion for exemption from the record-keeping obligation.

Gecic Law has appointed Miodrag Jevtic to Partner.

Contributed by JPM & Partners.

MMD Associates has advised Beam Global on its acquisition of Telcom.

When developing their models, AI providers use various data sets. Sometimes these are provided by their clients, as in the case of tailor-made chatbots, and sometimes the models are trained on licensed or even publicly available data.

Harrisons has advised the French Development Agency (Agence Francaise de Developpement, AFD) on a credit facility to Serbian electric transmission system operator Elektromreza Srbije (EMS).