Contributed by Jankovic Popovic Mitic
Tax Treatment of a Fee for Lease of Servers Abroad and Personal Data Protection Issues
The Ministry of Finance of the Republic of Serbia has recently issued the opinion no. 011-00-313/2022-04 (“the Opinion”), which refers to taxation of the fees paid by resident legal entities to non-residents for leasing servers abroad.
Employment of Foreigners in Serbia Is Undergoing Radical Changes
Serbian Parliament is currently deciding on two laws of major importance for foreigners seeking job opportunities or establishing businesses in Serbia. The first proposal concerns the Law on Foreigners, and the second the amendments to the Law on Employment of Foreigners. These two legal acts form general criteria for entry, movement, stay, and return of foreigners, as well as the conditions and procedures for the employment of foreign citizens in the Republic of Serbia.
New Block Exemption Regulations and Guidelines on Horizontal Agreements
Starting from July 1, 2023, the newly adopted Horizontal Block Exemption Regulations on Research and Development Agreements (“R&D“) and Specialisation agreements (together “HBERs“) shall take effect in the EU.
Zivkovic Samardzic Successful for Crime and Corruption Reporting Network Before Belgrade Court of Appeal
Zivkovic Samardzic has successfully defended the Crime and Corruption Reporting Network (KRIK) on appeal in a case filed by Serbia's Minister of Internal Affairs – and former Director of the country's Security Information Agency – Bratislav Gasic.
Tax Incentives for Renewable Energy Sources, Current Status and Possibilities
The energy development strategy of the Republic of Serbia until 2025 with projections until 2030, as well as the Integrated National Energy and Climate Plan, which is
currently being developed and adopted, foresee an increase in the share of energy obtained from renewable energy sources in the energy balance of the Republic of Serbia
as a strategic goal.
Banking & Finance in Serbia
Contributed by Gecic Law.
Last Call for Registration to E-Government Services
In accordance with the 2021 amendments to the Law on Companies, delivery of electronic documents to Serbian companies shall be performed to the registered mail on the e-government portal (eUprava).
Proposal for Amendments to the Law On Planning and Construction
The Government of the Republic of Serbia, at its session held on 4 May 2023, adopted the Draft Amendments to the Planning and Construction Act, so that, in due course, the adoption of the Draft and the adoption of the amendments to the Planning and Construction Act can be expected.
AP Legal Advises Serbia's AOFI on Sale of NPL Portfolio to EOS Matrix
AP Legal has advised the Serbian Export Credit and Insurance Agency on the sale of an NPL portfolio to EOS Matrix.
AP Legal Advises UniCredit Bank Srbija on MPP Palata Beograd Refinancing
AP Legal has advised UniCredit Bank Srbija on its loan to Marera Properties member MPP Palata Beograd. Isailovic & Partners reportedly advised Marera Properties.
Capital Markets in Serbia
Contributed by Karanovic & Partners.
Employment in Serbia
Contributed by PR Legal.
Corporate Governance in Serbia
Contributed by Gecic Law.
Deal 5: MediGroup Director Mihailo Obucina on Acquisition of Konzilijum
On December 8, CEE Legal Matters reported that BDK Advokati had advised MediGroup on its acquisition of Konzilijum. CEE In-House Matters spoke with Mihailo Obucina, Director of Strategy, M&A, and Business Development at MediGroup, to learn more about the acquisition.
The Status of CEE Banking & Finance: A CEE Legal Matters Round Table
On November 10, four Banking & Finance experts from Croatia, Hungary, Romania, and Serbia sat down for a virtual round table moderated by CEE Legal Matters Managing Editor Radu Cotarcea to discuss banking consolidation, financing availability, the effects of high interest rates, bank capitalization, green financing, the specter of loan restructuring, and the other challenges the sector is facing.
Electronic Signatures, Contracts, and Archiving in Serbia
Contributed by Zivkovic Samardzic.
Restructuring Laws and Regulations in Serbia
Contributed by Gecic Law.