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38 New Articles

One of the new possibilities introduced by the new Serbian General Administrative Procedure Act is an administrative guarantee.  It is a statement issued by an authority that it will issue an administrative act at the request of a party.  By issuing an administrative guarantee, the authority guarantees that the act issued will have a precisely defined content.

On 22 September 2017 the public debate on the proposed amendments to the Serbian Companies Act (hereinafter: the “Act“) was initiated.  The changes of the Act are expected to create conditions for further development of the concept of e-government, and are mainly focused on expediting the process of company registration and creating space for further europeanization of business environment in Serbia upon accession to the EU.

The Appellate Court in Belgrade has granted the appeal of Serbian business magnate Miroslav Miskovic made by his counsel, including JPM Senior Partner Nenad Popovic, and reversed the decision of the Higher Court in Belgrade (Organized Crime Unit), clearing Miskovic of charges of abuse of office and reversing a guilty verdict against him on tax evasion charges.

Leasing of employees – a situation in which employment agencies hire employees and act as their formal employers and then lease them to perform actual work for their client companies – has become a frequent phenomenon in Serbia the past few years. 

Zivkovic Samardzic has advised the shareholders of Tim Kolos d.o.o, the Belgrade-based facility management, construction, and installation services provider, on the sale of 55% of shares in the company to Samsic Holding dejavnost holdingov d.o.o, the Slovenian member of French Samsic Group. Moravcevic Vojnovic and Partners in cooperation with Schoenherr advised the buyers on the deal.

In recent years, many international companies set up its operations in Serbia, in the form of subsidiaries or branch offices, not least due to the generous incentives that have been provided through a number of government schemes.  

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