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43 New Articles

Biomass represents the most widespread source of energy in Serbia, making for around 60% of the total potential renewable energy resources.  However, national biomass estimations indicate that it is not sufficiently exploited.  In order to increase the share of biomass, Serbia is investing significant efforts in the development of this valuable energy resource.

On 20 October 2017, Serbian Business Registry Agency (the “SBRA”) initiated a nationwide process of statutory winding-up of all companies which operate and exist contrary to the Serbian Companies Act (the “Act”).

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.

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. 

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.  

On 12 July 2017, Serbian Commission for Protection of Competition (the “Commission”) enacted a Decision by which it enacted a measure for protection of competition due to implementation of concentration contrary to the legal obligation to notify the Commission of the concentration and to receive its prior approval, even though the legally stipulated revenue thresholds for reporting the concentration in this particular case were met (the “Decision”).

Serbian legislation provides for a maternity leave compensation in the amount of the mother’s average salary in the last 12 months before the leave. The compensations is paid from the state budget, but the procedure of ascertaining the right to maternity leave compensation is conducted by local government.

Serbian national electricity company, Electric Power Industry of Serbia (“EPS”), is working actively on the development of systems for generation of renewables. Some of the most important ventures at the moment are construction of solar and wind farm in Kostolac, a small town in the eastern part of Serbia, as well as support to investments in the field of biofuels.

During the last year, the number of labor disputes which were resolved through mediation and arbitration in Serbia have increased fivefold. To improve the process of peaceful labor dispute resolution, amendents to the Amicable Labor Dispute Resolution Act (the “Act”) are expected.

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SOG / Samardzic, Oreski & Grbovic at a Glance

SOG / Samardžić, Oreški & Grbović is a full service business law firm providing the highest quality legal advice across a wide range of key areas of corporate law in Serbia and the Western Balkans. We are particularly noted for legal expertise, high professional and ethical standards, attention to detail, and responsiveness. SOG is firmly committed to providing advice at the highest level and achieving lasting results for our clients.

In order to provide our regional and international clients having business interests in more than one jurisdiction, we have also established a strong regional presence through our partner offices in Bosnia & Herzegovina, Macedonia, and Montenegro. This way, our clients gain a full spectrum of support and the most up to date and nuanced advice on the business and regulatory environment across the entire region.

Firm's website: www.sog.rs