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Prevented Construction Of Two Hydropower Plants

    Serbia, as a country with a large number of rivers, represents a huge potential for electricity production.   Specifically, in the municipality of Arilje, the spatial plan specifies the locations for the construction of 15 mini-hydropower plants (“MHP”), of which only one is on the Moravica watercourse.   However, for some time now, […]

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Serbia Will Soon Enact New Labor Law

  The Ministry of Labor, Employment, Veterans’ Affairs, and Social Affairs (“Ministry”) is preparing a draft of a new Labor Law (“Law”) which will be proposed to the National Assembly after a public debate.   The intention of the proponents is to improve labor law in Serbia by proposing regulations that will bring with it […]

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Internship Will Soon Be Regulated In Serbia

LAW ON LABOR PRACTICE FOR THE FIRST TIME IN THE LEGAL SYSTEM OF SERBIA     The Ministry of Labor, Employment, Veterans Affairs, and Social Affairs has published the Draft Law on Labor Practice as a novelty in the legal life of the Republic of Serbia. The document was sent for public discussion, which lasts […]

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New Tax Rules for Freelance Workers in Serbia

Freelancers in 2022 will not, after all, be paying taxes quarterly   The tax treatment of freelancers for 2021, which is envisaged by the latest amendments to the Law on Personal Income Tax and the Law on Contributions for Compulsory Social Insurance, will be valid in 2022 as well. Although a decision was previously made, […]

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Changes To The Capital Markets Law

SERBIAN GOVERNMENT ADOPTS CAPITAL MARKET LAW   The Government of the Republic of Serbia adopted the Draft Law on Capital Market (“Law”) in order to achieve greater transparency and accountability in business, creation, and development of financial institutions offered in the capital market, and thus create a more attractive market for both domestic and foreign […]

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GDPR: Recent EU Court Practice

RIGHT TO CORRECT INCORRECT PERSONAL DATA   On 9 October 2019, the Court of Appeals in Brussels, Kingdom of Belgium, rendered Decision no. 2019/AR/1006 which confirms the obligation to use correct diacritical marks when writing a business name. The court passed the mentioned decision because it is about personal data, in respect of which there […]

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First Auction for Awarding Premiums in Serbia

THE MAXIMUM PRICE OF THE WIND PREMIUM IN SERBIA HAS BEEN DECLARED   Based on the adopted methodologies and the Decree of the Government of the Republic of Serbia on the quota in the market premium system for wind power plants, the Council of the Energy Agency of the Republic of Serbia (“AERS”) decided to […]

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New Rules On Gender Data Registration in Serbia

THE STATE RECORDS ON GENDER OF BUSINESS(WO)MEN     As of 1 June 2022, data on the gender of owners, directors, and members of companies and entrepreneurs will be entered in the Register of Business Entities, as the subject of registration, in accordance with the latest amendments to the Companies Act (“Law”). This enables a […]

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New Rules On Clean Energy for All Europeans

ENERGY COMMUNITY COUNCIL OF MINISTERS ADOPTS CLEAN ENERGY PACKAGE   The Energy Community is an international organization that brings together the European Union and its neighbors to create an integrated Pan-European energy market.   The Energy Community Ministerial Council, the regulatory body of the European Union, has adopted a package of legal measures “Clean Energy […]

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New Expropriation Rules in Serbia

LAW ON AMENDMENTS TO THE LAW ON EXPROPRIATION IS ADOPTED    At its session held on November 26, 2021, the National Assembly of the Republic of Serbia adopted the Law on Amendments to the Law on Expropriation (“Law”).   WHAT IS EXPROPRIATION?   Expropriation is a legally regulated, forced transfer of property rights on possessions […]

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