Joint real estate development is a popular investment model, particularly in partnerships between legal entities (companies) and individuals. However, this form of collaboration can lead to unexpected tax obligations if not properly planned.
Read more...IVVK Lawyers advised Star Finance on the transaction. The team was led by Senior Partner Aleksandar Ilić and Miloš Vučković, with support from Senior Associate Aleksandar Čermelj and Associate Nada Bakrač.
Read more...In the recent period, we are witnessing the ”blockage“ of construction of the large number of renewable energy projects in the Republic of Serbia, due to the fact that the local self-governments fail to adopt or amend Detailed Regulation Plans.
Read more...The Ministry of Labor, Employment, Veteran, and Social Affairs has issued two new regulations concerning workplace safety and health, which will come into effect on April 28, 2025. These are the Rulebook on preventive measures for safe and healthy work at heights and the Rulebook on the method of record-keeping and retention periods in the field of occupational safety and health.
Read more...Throughout our advisory work, we have frequently represented clients in the forced liquidation of companies in the Serbian market. Although this process is generally straightforward under the relevant regulations, it can still raise specific legal questions arising from certain legal concepts.
Read more...In the beginning of January, the Commission for Protection of Competition (CPC) announced the launch of a sectoral analysis aimed at evaluating the state and conditions of competition within Serbia’s pharmaceutical market. The focus of the investigation will be on medicines for human use, specifically those on the list of drugs prescribed and dispensed through mandatory health insurance.
Read more...Investors often face the challenge of deciding how to inject the capital necessary to start or sustain the operations of a company. This challenge stems from the fact that investors want to invest funds to improve company’s liquidity, while avoiding the process of increasing the company's registered share capital.
Read more...As part of the National Program for the Digitalization of the Healthcare System, the Ministry of health of the Republic of Serbia will introduce E sick leave software. The software is planned to enter pilot phase in the first quarter or 2025 and is expected to benefit both employees and their employers.
Read more...On 27 November 2024, the Republic of Serbia (“Serbia”) adopted amendments to its Energy Law (“Law”}, effective as of 06 December 2024. Among all the amendments, the most notable pertain to the reintroduction of nuclear energy, allowing the construction of nuclear power plants on Serbian soil once again. Additionally, the amendments introduce several changes to the existing legislation, significantly influencing other energy sectors as well.
Read more...Recent amendments to the Law on Public Notaries that came into force on 6 December 2024, introduce new provisions that will significantly impact loan transactions between natural persons. The aim is to enhance security, protection, and control over such financial transactions.
Read more...The primary motive behind enactment of these amendments is to improve the Serbian capital market. The new regulation aims to foster a more stimulating environment for a greater number of investors and funds, making it particularly accessible to semi-professional and private investors by adapting with their realistic purchasing power, and removing certain administrative barriers. This is expected to facilitate larger investments into companies and enterprises, especially micro and small ones.
Read more...Naftna Industrija Srbije (NIS), Serbia's largest oil and gas producer, has announced the issuance of five-year corporate bonds worth approximately EUR 50 million. This rare investment opportunity comes amid limited corporate bond activity in Serbia due to complex procedures and low market demand. The move highlights the growth potential of Serbia's corporate bond market and may pave the way for attracting diverse investors, following a similar initiative by MTS in the recent past.
Read more...The Ministry of Mining and Energy announced a new public call on November 27, 2024, inviting interested legal entities to participate in an auction for market premiums and other incentives for developing solar and wind power plants.
Read more...The summer of 2023 was a season where we could see the light at the end of the tunnel – the Government of the Republic of Serbia in cooperation with Joint Stock Company Electric Grid of Serbia (Elektromreža Srbije a.d., hereinafter - EMS) and other relevant entities and factors has enacted a draft Regulation on Electricity Delivery and Supply Conditions (hereinafter - Regulation), thus creating a ground for unblocking the EMS in terms of deciding how and when to decide on pending requests for connection to the grid.
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Serbia is working on a new Law on Information Security in order to better protect the data of citizens and businesses. Changes to the law are necessary due to the new European Union directives in this area: the NIS2 Directive and the EU Cybersecurity Act.
Read more...Danko Pilipović
Read more...Aleksandar Čermelj
Read more...Aleksandar Čermelj, Katarina Marković
Read more...Miloš Vučković, Matija Ignjatović
Read more...Aleksandar Čermelj
Read more...Miloš Vučković; Marija Tesla
Read more...Branka Dželalija, Senior Associate at IVVK in cooperetion with LexQuire
Read more...Nikola Stanimirović
Read more...Sandra Popovic
Read more...Nikola Komnenović, Marija Tesla
Read more...Milena Šejnjanović, Associate at IVVK in cooperation with LexQuire
Read more...Miloš Vučković
Read more...Branka Dželalija
Read more...Aleksandar Čermelj
Read more...Aleksandar Čermelj
Read more...Miloš Vučković
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Read more...Nikola Komnenović
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Read more...Nikola Komnenović
Read more...Miloš Vučković
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