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legal updates


15 November 2013

Retrospective Building Approval Act

Serbia's Parliament has adopted a new Retrospective Building Approval Act (Zakon o legalizaciji objekata), published in the Official Gazette of the Republic of Serbia No. 095/2013 on 31 October 2013, which entered into force as of...
16 April 2013

Labour Act: maternity protection bolstered

Serbia's parliament adopted the Labour (Amendment) Act (Zakon o izmenama i dopunama Zakona o radu), published in the Official Gazette of the Republic of Serbia no. 32/2013 on 8 April 2013 ("Amendments"), which entered into force on...
26 December 2012

Corporation Tax Act Amendments adopted

By adopting the amendments to Corporation Tax ("CT") Act on 15 December 2012 Serbia made a further step on its path to EU integration. Setting effective instruments in countering the problems of tax evasion and avoidance, Serbia...
20 December 2012

High-value asset acquisition and disposal: recent jurisprudence

Any acquisition or disposal of high-value assets by a company must be conducted in accordance with the procedure prescribed in the Companies Act. The acquisition or disposal of a high-value asset must be tabled as a resolution at...
10 December 2012

Regulatory: Serbia to reduce wind and solar feed-in tariffs

Minister of Energy, Zorana Mihajlović, presented on Monday the new national action plan for producing electricity from renewable sources up to the year 2020. The plan envisages changes in certain feed-in tariffs, as follows:...
15 September 2012

Competition Law: New Competition Act in Montenegro in force as of 9 October 2012

A new Law on the Protection of Competition (Official Gazette of the Republic of Montenegro, no. 44/2012) ("Competition Act") will come into force in Montenegro on 9 October 2012. The Competition Act regulates both market behaviour...
02 September 2012

Companies Register: new representation limitations practice

Companies Register's AnnouncementThe Companies Register maintained by the Agency for Commercial Registers (Registar privrednih subjekata Agencije za privredne registre) ("Companies Register") announced that on 27 August 2012 it...
01 August 2012

New financial institutions regulator in Serbia

Serbia's National Bank (Amendment) Act (Official Gazette of the Republic of Serbia, no. 76/12) established the Financial Institutions Supervisory Authority [Uprava za nadzor nad finansijskim institucijama] (“FISA”). The FISA is...
17 November 2011

Capital Markets Act

Serbia's Securities Act has been superseded by the new Capital Markets Act [Zakon o tržištu kapitala] ("CMA") which shall be applicable from 17 November 2011. The ultimate aim of the new CMA is further alignment with EU capital...