NBS Oversight of Foreign Exchange Operations: What Every Company Must Know in 2025 The National Bank of Serbia (NBS) is assuming a more significant supervisory role in overseeing currency exchange and foreign exchange operations. This shift aims to further develop the financial market and enhance protection for users of financial services. Foreign Exchange Operations in […]
Read moreIn today’s world, media can significantly impact public perception. False allegations made in television broadcasts can seriously damage a business’s reputation. Whether it’s a local or national station, these damaging claims can lead to a loss of customers, business opportunities, and trust. This blog explores legal protection for businesses against false allegations in television broadcasts […]
Read moreUnderstanding Tax Obligations for U.S. Citizens in Serbia: A Guide to Two Taxation Models If you’re a U.S. citizen living in Serbia and working remotely for a U.S. company, you may wonder about your tax obligations for U.S. citizens in Serbia. Even though your employer in the U.S. handles your taxes, Serbia may require you […]
Read moreWhy Serbia? The Growing E-Money Market Serbia’s digital economy is booming, offering a lucrative opportunity for businesses looking to enter the electronic money market. With recent regulatory updates aligning with EU standards, obtaining an Electronic Money Institution (EMI) license in Serbia is now a streamlined yet structured process. If you’re considering launching your own EMI […]
Read moreSuccessfully conducting business with Elektroprivreda Srbije (EPS) is crucial for all companies involved in electricity distribution. To ensure stability and compliance with legislation, it is therefore essential to properly conclude a contract for electricity distribution. This process requires careful management of legal, technical, and administrative aspects to avoid potential issues and ensure efficient and safe […]
Read moreHow to Register an Electricity Supply Business Electricity trade in Serbia represents a significant business opportunity for companies looking to enter the energy market. To start this activity, you must go through the legal procedure of registration and licensing. In this article, we provide a detailed explanation of all the steps and requirements for a […]
Read moreSTATT operates as an independent law firm and employs staff EXCLUSIVELY for legal and tax services. However, we are NOT an employer for individuals seeking employment opportunities in sectors such as manual labor, construction, or other job placements, and we do NOT provide recruitment agency services in Serbia or elsewhere. Therefore, we are NOT in […]
Read moreAt the end of 2024, the mayor of Belgrade announced free public transport for all citizens. This decision raised an important question: Does this mean that employers will stop paying transportation compensation to their employees? The decision to offer free transport has sparked numerous reactions. Employers, employees, and lawyers are now examining the impact of […]
Read moreIntroduction: What is Employee Redundancy? Sometimes, companies need to reduce their workforce due to downsizing, financial struggles, or operational changes. Employee redundancy occurs when a business eliminates positions because they are no longer needed. In Serbia, the redundancy process requires careful planning to ensure compliance with the law and fairness to employees. This blog will […]
Read moreIntroduction to Employment Termination During Probation Period Terminating an employee during their probation period is a sensitive decision for any employer. This period serves as a trial phase for both the employer and employee to assess if the role is a good fit. If the employee fails to meet expectations, the employer may need to […]
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