A foreign national, as well as a domestic citizen, assumes the status of a self-employed person when performing the duties of a director outside an employment relationship, i.e., based on a contract governing the mutual rights and obligations of the director, unless insured on a priority basis.
Incentives for Energy Improvement/Rehabilitation Housing Communities – Residential and Residential-Commercial Buildings Connected to District Heating System
Last week, we discussed the topic of incentives for the improvement of energy efficiency and energy improvement/rehabilitation, and possibilities for individuals and housing communities in that regard. This time we would like to glance at incentives for energy improvement/rehabilitation for housing communities– residential and residential–commercial buildings connected to district heating systems, which may be obtained through the project called „Energy improvement/rehabilitation of residential, multi-family buildings connected to district heating system– Public ESCO Project“ which is initiated by the Ministry of Mining and Energy in collaboration with the European Bank for Reconstruction and Development.
Amendments to the Serbian Public Procurement Act
During its last session on October 26, 2023, the National Assembly adopted amendments to the Public Procurement Act.
Less Smoke, More Hires in Serbia: A Buzz Interview with Nenad Cvjeticanin of Cvjeticanin & Partners
Comprehensive regulatory changes targeting tobacco products, specifically vapes and electronic cigarettes, as well as the upcoming general election taking place on December 17 hold the front page for lawyers in Serbia, according to Cvjeticanin & Partners Managing Partner Nenad Cvjeticanin.
Extended Scope of the Law on Electronic Media
The new Law on Electronic Media (“the Law“) has been published in the Official Gazette of the Republic of Serbia, no. 92/2023, and came into effect on November 4, 2023.
Room To Grow: Developing Capital Market Landscapes in CEE
ACI Partners Legal Manager Carolina Parcalab, Avellum Senior Partner Glib Bondar, Gecic Law Counsel Miodrag Jevtic, Vujacic Law Office Partner Sasha Vujacic, and Schoenherr Bulgaria Local Partner Tsvetan Krumov discuss the current status of capital markets in CEE.
CEE M&A Outlook: Steady As She Goes
With CMS’s recently published European M&A Outlook report taking the temperature of the M&A activity across the continent, CMS Romania Managing Partner Horea Popescu and CMS Vienna Partner Alexander Rakosi share their insights on M&A trends in the CEE region.
The Corner Office: Balancing the Books – Overdue Bills and Unpaid Invoices
In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. Shifting our focus to the financial aspects of legal work, we asked: What percentage of your issued bills end up being overdue, what percentage end up never paid, and what is your firm’s/office’s standard methodology to handle both cases?
Serbia: Contractual Penalty in Labor Law
In the Serbian market, contractual penalties are often included in employment contracts since this is concrete and efficient protection for the employer in case of a breach of certain contractual obligations by employees. On a general note, a contractual penalty is a fixed monetary receivable that can be claimed in case of a breach of contractual obligations by one party, without having to prove the actual amount in damages. However, in the area of labor law, there is still uncertainty when it comes to the validity of such clauses and their enforceability in case of disputes.
Electronic Company Registration in the Republic of Serbia: A Contemporary Approach to Business
In line with European efforts to create a competitive, innovative, and efficient business environment, electronic company registration has become a significant part of reforms in the field of company law. The branch of law related to business stands out as one of the most prominent examples of the impact of digitization on the law and its continuous evolution.
Gecic Law Advises Telekom Srbija on Scholarship MoU with College of Europe
Gecic Law has advised Telekom Srbija on its memorandum of understanding with the College of Europe to provide up to ten annual scholarships for Serbian students.
Incentives for Improvement of Energy Efficiency and Energy Improvement/Rehabilitation from Individual Perspective
In light of the latest amendments to the Law on Spatial Planning and Construction, which put the topic of energy efficiency and energy features of the building in the spotlight, it would be interesting to remind ourselves of the already existing legal in regard to energy efficiency improvement in Serbia, and above all, what laws and especially bylaws at the local level offer and provide to housing communities – buildings (in srb. – stambena zajednica) and individuals and in which manner they may obtain financial support in case that they intend to carry out certain measures/works that improve the energy efficiency of the building, i.e. apartment.
The 2023 Hollywood Strike: Labor, Scripts and the AI Showdown
A historic labor strike unfolded in 2023’s ever-evolving Hollywood scene, resembling a gripping drama. On May 2, the Writers Guild of America (WGA) took center stage, unanimously endorsing a strike. This was reminiscent of the industry-shifting 2007–2008 Hollywood strike, marking fifteen years since writers last voiced dissent.
Kinstellar Advises China's CMC Capital and SEP on Serbian Wind Farm Venture
Kinstellar has advised Chinese investors CMC Capital and Shanghai Electric Power & Energy Development Limited on the acquisition of Crni Vrh Power, a project company developing a 150-megawatt onshore wind farm in the eastern Serbian municipalities of Bor, Zagubica, and Majdanpek.
Serbian Health Insurance Law Amendments Seek To Curb Sick Leave Abuses
Legislation proposes to roll back rules to prevent employees misusing leave entitlement.
Karanovic & Partners and Djokic+Partners Advise on BIG CEE Acquisition of Two Retail Parks in Serbia
Karanovic & Partners has advised BIG CEE on its acquisition of two retail parks in Serbia – NEST Obrenovac and NEST Kraljevo – from RC Europe. Djokic+Partners advised RC Europe.
Buying or Licensing Software – End-User Dilemma
Both consumers and companies that are using the software in everyday activities, either for business or pleasure, usually do not own the software, but only have limited rights granted by a license agreement with specifically defined scope and terms of use. Why the misunderstanding? In general, software is a set of instructions or programs used to operate computers and execute specific tasks. It is an intangible object, opposite to hardware compartments. With the latter, the ownership perception is clear when you are buying it. On the other hand, software brings confusion to end-users - is it purchased or licensed? Because the difference is essential.
Expo Belgrade 2027 Triggers New Incentives for Hotel Investment Projects
In preparation for Expo Belgrade 2027 (hereinafter “Expo”), a specialized international exposition that is scheduled to be held in Belgrade from mid-May to mid-August, 2027, the Government of the Republic of Serbia has decided to provide incentives for new accommodation that will be necessary for hosting the mentioned event.