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 amendments related to...

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 introduce a unique data base on ultimate beneficial...

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 of the Central...

Amendments to the Law on Employment of Foreign Nationals

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 work permit for...

Amendments to the Labor Law

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 Law now provides for...