The National Assembly of the Republic of Serbia adopted on 23 December 2019 the Law on amendments and supplements to the Law on games of chance (“Official Gazette of RS”, no. 91/2019) (hereinafter referred to as the “Law”).
JPM Jankovic Popovic Mitic provided legal support to Gastrans d.o.o., Serbia (a 100% subsidiary of a OAO Gazprom and Srbijagas joint venture) on the construction of Gazprom's 400 km long Turkish Stream gas pipeline through Serbia, which Srbijagas Director Dusan Bajatovic has recently declared complete.
On 3 August 2019, National Assembly of the Republic of Serbia has adopted the long-awaited amendments to the Enforcement and Security Act (“Act”), which entered into force on 1 January 2020. Having in mind the extent of amendments (more than 170 Articles), we can say the we practically have a new Enforcement and Security Act.
Republic of Serbia (“RS”) has recently amended its tax law provisions on individual income tax by adopting Act on Amendments of the Individual Tax Act, published in the Official Gazette of the RS, No. 86/2019 (“Act”). Among many changes, the one that attracts the most attention is the inclusion of a test on “dependence” and its influence on the tax status of entrepreneurs. The Act sets out the criteria which are to be applied by the tax authorities (“TA”) to determine cases in which the entrepreneur is not actually independent from his client. Entrepreneurs that do not pass this test will be similarly treated as if they were employees, and will, therefore, be subject to a different tax regime.
Since 2013 and adoption of the Rulebook on conditions of breeding of Cannabis Sativa L, a.k.a industrial hemp, the Republic of Serbia acknowledged its production and cast a new light on domestic agriculture. Even though industrial hemp has been a prodigy to older generations for its miraculous multi-purpose benefits, younger generations often misplace it for marijuana, derived from a similar sort – Indian hemp. Regrettably, a similar misunderstanding in regards to its effects is often made by competent state authorities.
“There are no major movements between firms, or any new firms popping up," says Petar Mitrovic, Partner at Karanovic & Partners in Belgrade, about the Serbian legal market. “There have been some movements, some partners leaving their law offices and moving to the private sector, but nothing worth writing home about."
Serbian National Parliament adopted Act on the Protection of Whistleblowers (“Official Gazette of RS”, no. 128/2014, hereinafter “APW”) on December 4th, 2014, rightfully recognizing that whistleblowers are essential elements of an ethical social and economic environment and hence deserve additional institutional protection (especially because of their exposure to employers’ retaliation).