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KNOWELEDGE CORNER

Law on Lobbying (“Official Herald of RS”, No. 87/2018)
On 13 November 2018, the Law on Lobbying (“Official Herald of RS”, No. 87/2018, hereinafter the “Law”) was published and will come into force 9 months after the date of publishing, i.e. on 14 August 2019. The Law prescribes conditions…

15.01.2019.

Start of Ultimate Beneficial Owners Registration in Accordance with the Law on Central Register of Ultimate Beneficial Owners
On 15 December 2018, both the Rules on the Method and Conditions of Electronic Exchange of Data among Serbian Business Registers Agency (“SBRA”), Government Authorities and National Bank of Serbia for the Purpose of Registering Ultimate Beneficial Owners (“Official Herald…

09.01.2019.

Amendments to the Law on Planning and Construction
Amendments to the Provisions Governing the Construction and Use Permit The Amendments specify that the architectural engineering project design, submitted in support of a request for construction permit further, advances the planned idea of the construction facility set under the…

19.12.2018.

An Investigation Launched into Payment Card Organizations operating in Serbia by the Serbian Commission for Protection of Competition
On 14 September 2018, the Serbian Commission for Protection of Competition (hereinafter the “Commission”) launched an investigation into international payment card organization operations on the Serbian payment cards market. The investigation came after the Commission had been notified by the…

12.12.2018.

Law on Personal Data Protection
The National Assembly of the Republic of Serbia has enacted a new Law on Personal Data Protection (the “Law”). The Law came into force on 21 November 2018, but will take effect on 21 August 2019. Serbia enacted the Law…

06.12.2018.

New Law on Personal Data Protection
The National Assembly of the Republic of Serbia has enacted a new Law on Personal Data Protection (the “Law”). The Law came into force on 21 November 2018, but will take effect on 21 August 2019. Some of the most…

06.12.2018.

The Latest Amendments to the Company Law
The National Assembly of the Republic of Serbia adopted the Law on Amendments to the Company Law on 8 June 2018 (hereinafter the “Amendments”), nevertheless, the majority of its provisions became applicable as from 1 October 2018. The Amendments introduce…

03.12.2018.

Amendments to the Companies’ Act
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…

03.12.2018.

Law on Central Register of Ultimate Beneficial Owners
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…

08.06.2018.

Introducing Central Register of Invoices
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…

07.02.2018.