PR Legal has advised Coca-Cola on its acquisition of the plant for bottling the Rosa Homolje natural mineral carbonated water in Neresnica, Serbia.
National Mark of Conformity – A Certificate of Conformity with Serbian Standard
Pursuant to Article 7, paragraph 1, item 12) of the Law on Standardization (Official Gazette of RS no. 36/2009 and 46/2015) (“the Law”), the Institute for Standardization of Serbia (“the Institute”) published on April 12, 2022, the Rules for obtaining approval for the use of the National Mark of Conformity with Serbian standards (“the Rules”).
New Developments in Legal Framework for Tax Reliefs for Companies in Research and Development Sector
Serbian Personal Income Tax Law and Serbian Corporate Income Tax Law, as well as the Serbian Law on Mandatory Social Insurance Contributions, prescribe tax and social insurance contributions related reliefs for companies that conduct activities of research and development in the Republic of Serbia.
Doklestic Repic & Gajin Advises BNBM on EUR 50 Million Joint Venture in Bosnia and Herzegovina
Doklestic Repic & Gajin has advised Beijing New Building Materials Plc on the transaction with the Coal Mine and Thermal Power Plant Ugljevik for the creation of a EUR 50 million gypsum board joint venture. China's Shihui Partners reportedly advised BNBM on the deal as well.
Cancelation of COVID-19 Restrictive Measures for Entering the Republic of Serbia
More countries, that have, until recently, been considered the pandemic’s epicenter, are easing COVID restrictions. Serbia takes the same direction and cancels majority of COVID-19 related restrictive measures.
Amendments to Certain By-Laws Passed to the Law on Electronic Invoicing
Several amendments to the by-laws passed to the Law on Electronic Invoicing (“the Law”) are published in the Official Gazette of the Republic of Serbia no. 46 dated 8 April 2022, i.e.:
The Buzz in Serbia: Interview with Darko Jovanovic of Karanovic & Partners
With the war in Ukraine affecting a number of business sectors, Serbia still manages to have a very vibrant market with a number of important projects being developed primarily in the infrastructure and energy sectors, according to Karanovic & Partners Managing Partner Darko Jovanovic.
Hot Practice in Serbia: Jelena Gazivoda on JPM's Energy Practice
Energy has been Jankovic Popovic Mitic’s busiest practice, according to Senior Partner Jelena Gazivoda, mainly driven by Serbia’s long-standing aspiration to achieve energy stability and security of supply and bolstered by recent legislative amendments and the expected energy crisis caused by the war in Ukraine.
Jankovic Popovic Mitic Successful for FCC Kikinda in Criminal Proceedings
Jankovic Popovic Mitic has successfully represented FCC Kikinda before a Serbian court of first instance in a criminal case concerning environmental charges.
Position of Persons Working for Foreign Employers in Serbia
Amendments to the Law on Pension and Disability Insurance (“the Law”) from 2019, notably Article 11 thereof, have eradicated the practical issues that used to exist in relation to the mandatory social insurance of persons working for foreign employers in Serbia.
BDK Advokati Advises on Sale of Termoplast Grupa to Greiner Packaging
BDK Advokati has advised the sellers on the sale of Termoplast Grupa to Greiner Packaging. Divjak Topic Bahtijarevic & Krka and Selih & Partnerji reportedly advised the sellers as well.
Recognition of Corporate Cards for Purchase of Goods and Services in Fiscalization and VAT Regulations
Usage of corporate cards issued by goods and services providers to their corporate clients, have been recognized and regulated by the latest amendments of relevant Serbian regulations related to fiscalization and to VAT.
Deal 5: Gomex General Director Goran Kovacevic on Sale to Ceecat Capital
On April 11, 2022, CEE Legal Matters reported that Jankovic Popovic Mitic had advised Gomex and the Seaf South Balkan Fund on the sale of Gomex to Ceecat Capital. CEE In-House Matters spoke with Goran Kovacevic, General Director at Gomex, to learn more about the sale.
Novelties in Serbian Tax System
With the acceleration of the process of transition to a market economy, since 2001, Serbia has carried out a fundamental reform of its tax system, which has undergone several further changes in the past two decades. Last year brought numerous changes to the tax system in Serbia, and the introduction of the taxation regime for digital assets and tax control were a particular focus.
Crypto Banks in Serbia - Myth or Reality?
Legal framework of the digital assets market.
Electronic Signing of Documents in Serbia – Novelties in Signing of Financial Statements for Business Registers Agency
Starting from March 23, 2022, Serbian Business Registers Agency (“the SBRA”) has allowed the use of electronic signature in cloud in the Special Information System for drafting and submission of financial statements.
Serbia: Tracking of Employees – Case Study
Electronic measurement of working hours based on processing of location data is permitted under data protection and labour regulations under the following conditions:
On a New Adventure: Patricia Gannon Announces Platforum 9
CEE Legal Matters readers will likely be familiar with Patricia Gannon as one of the founders of Karanovic & Partners. Since her withdrawal from the firm (reported by CEE Legal Matters on September 21, 2020), Gannon ran her own "holistic strategic advisory business" (as reported on October 12, 2020) and, recently, she announced she is working on a new social media app for lawyers – Platforum 9. We caught up with her to learn more about her new project.