The National Assembly of the Republic of Serbia adopted the Law on Amendments to the Companies’ Act on 8 June 2018 (hereinafter the “Law”). Nevertheless, the majority of changes became applicable as of 1 October 2018. In addition to numerous…

The National Assembley of the Republic of Serbia adopted a new Law on Central Register of Ultimate Beneficial Owners (“Law”) on 25 May 2018. The Law came into force on 8 June 2018. The purpose of this Law is to…

On December 14, 2017 the latest amendments to the Law on Deadlines for Settlement of Financial Obligations in Commercial Transactions were adopted. The amendments came into force on December 25, 2017 and they introduce for the first time the concept…

The Serbian Parliament enacted Amendments to the Law on Employment of Foreign Nationals (hereinafter the “Law”), which came into force on December 25, 2017. The Law introduces a new type of work permit for special cases of employment, namely the…

The Serbian Parliament enacted the Amendments to the Labor Law, which came into force on 25 December 2017. The amendments to the Labor Law are not extensive, however, they do include two important new obligations for employers. Namely, the Labor…

Rules regarding specific elements of risk evaluation, frequency of inspection based on risk evaluation and specific elements of inspection scheduling in the field of employment and health and safety at work On January 4, 2018 the Rules regarding specific elements for…

The latest amendments to the Law on compulsory social security contributions were adopted on December 14, 2017. The amendments come into force on January 1, 2018. Nevertheless, most of them will be enforceable on later dates. There are not key…

On December 14, 2017 the latest amendments to the Law on deadlines for settlement of financial obligations in commercial transactions were adopted. The amendments came into force on December 25, 2017. Notwithstanding the enforcement date, most of the amendments will…

Law on Real Property Appraisers („Official Herald of RS“, No. 108/2016, hereinafter the „Law“) came into force on January 6, 2017, and took effect, based on Article 50 of the Law, 150 days later i.e. on June 6, 2017. Pursuant…

According to the Law on Chambers of Commerce (“Official Herald of the Republic of Serbia” no. 112/2015, the “Law”) all legal entities doing registered business activity in the Republic of Serbia will automatically become members of the Serbian Chamber of…