JPM & Partners has successfully represented the interests of Colas Rail in an arbitration proceeding against a subcontractor and its bank.
The Legality of SKY ECC Evidence: A Controversy Over Privacy and Fair Trials
After the roundtable discussion organized by the Lawyer's Academy of the Serbian Bar Association on the topic of SKY ECC communication as evidence in criminal proceedings on June 29, 2023, we summarize the key conclusions on an extremely relevant issue - SKY ECC hacking.
Written Statements of Witnesses in Civil and Arbitration Proceedings
According to positive regulations in the Republic of Serbia, each party shall present the facts and propose the evidence on which it bases its request or with which it disputes the allegations and evidence of the opponent. The evidence includes all the facts relevant to making a decision. Both in civil and arbitration procedures, the most common means of evidence are documents and testimonies.
CEELM Top 10: Most-Read Briefings
The CEELM Top 10 series looks back over the past ten years and celebrates the milestones we have achieved together. First up: most-read Briefings, with each article featuring a short description reflecting the authors’ opinion at the time.
Court Fees in Civil Procedures in the Republic of Serbia
Court fees represent an important part of the costs in every legal proceeding. Matters related to court fees in the Republic of Serbia are currently regulated by the Law on Court Fees and the Fee Tariff contained within that law.
Serbia: Chapter 23 – What does it Take to Stay on the Train and reach EU? Part 2
Accountability is one of the key notions both in GDPR and the Serbian Data Protection Act.
JPM Jankovic Popovic Mitic Becomes JPM & Partners
In June 2023, JPM Jankovic Popovic Mitic announced that it will operate under the JPM & Partners brand name going forward, a step in the firm's journey towards a regional format.
Tax Reliefs for Startups
The year 2021 was the most successful ever for the Serbian startup ecosystem, with local startups attracting over €120 million in investments and the Serbian tech sector exceeding $1.7 billion in export revenue in 2021. The Government’s ‘’Strategy for the Startup Ecosystem Development of the Republic of Serbia for the period from 2021 to 2025’’ aims to accelerate the development of the startup ecosystem and encourage innovation even more. As one of the main instruments of doing so, RS has introduced good-old tax reliefs and incentives.
Renewables in Serbia
Contributed by Jankovic Popovic Mitic
Tax Incentives for Renewable Energy Sources, Current Status and Possibilities
The energy development strategy of the Republic of Serbia until 2025 with projections until 2030, as well as the Integrated National Energy and Climate Plan, which is
currently being developed and adopted, foresee an increase in the share of energy obtained from renewable energy sources in the energy balance of the Republic of Serbia
as a strategic goal.
Proposal for Amendments to the Law On Planning and Construction
The Government of the Republic of Serbia, at its session held on 4 May 2023, adopted the Draft Amendments to the Planning and Construction Act, so that, in due course, the adoption of the Draft and the adoption of the amendments to the Planning and Construction Act can be expected.
The Last Day for Registration to E-government Portal Approaching
We would like to remind you that tomorrow is the final day for legal entities in Serbia to register as users of the e-government portal.
Incorporation of Companies in Serbia Will be Carried out Electronically
With the latest amendments to the Law on Registration Procedure in the Business Registers Agency, another step has been taken on the digitization of public administration.
A Bid-Rigging in Public Procurement Proceedings
The Serbian Competition Commission initiated an infringement investigation. On 20 April 2023, the Commission for the Protection of the Competition (“Commission”) initiated one more infringement investigation and carried out a dawn raid, this time against KTG Solucije d.o.o. Subotica (“KTG”) and Eco-Sense doo Subotica (“Eco Sense”) for possible RPM (resale price maintenance) and sharing of markets or source of supply in public procurement proceedings related to the materials and means for maintaining hygiene in facilities.
Arm’s Length Interest Rates
The Ministry of Finance published, at the end of -March 2023, its eleventh Regulation on interest rates which are considered to be in line with the "arm’s length" principle. The Ministry of Finance, i.e. the Minister issues this Regulation every year and it pertains to the interest rates for that year.
Yet Another Investigation Initiated by the Serbian Competition Commission
On 24 March 2023, the Commission for the Protection of the Competition (“Commission”) initiated an investigation against the Hotelsko, Ugostiteljsko i Turisticko preduzece Moskva doo (“Moskva”) for possible gun-jumping.
Serbia: Chapter 23 - What Does It Take to Stay on the Train and Reach EU?
The answer is simple: to make EU membership top priority, to form the team with the capacity to drive and stay on the train until the final destination. But it is not only important for the team to have only the Loco pilot only to drive the train, the team must have other members with the understanding who is in the train, the train route both in Serbia and EU and who share strong belief that the final destination will bring the benefits not only to the country of the departure (passengers) but also to the countries and citizens of the destination. If something is missing in that chain, it may happen that the Loco pilot may drive the train via Antarctica to EU with the possibility that the train may get stuck somewhere on the route and may never reach its final destination.
JPM Advises Smartsy on Financial Instrument Issuance
JPM Jankovic Popovic Mitic has advised Smartsy on its issuance of a financial instrument conveying the right to acquire shares in the company.