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Serbia Capital Gains Tax on Share Sales: Deferred & Contingent Consideration Explained

Serbia capital gains tax raises a fundamental question in milestone-based M&A transactions involving the acquisition and sale of companies, particularly in the energy and infrastructure sectors: does it arise at...

New Law on Legalization of Illegal Buildings in Serbia: Key Information

The Republic of Serbia has recently opened the procedure for registering approximately 4.8 million illegal buildings under the Bill on Special Conditions for Recording, Registration of Rights to Real Estate....

Exclusion of a member from a company – when differences and interests become irreconcilable

During the development and growth of any company, it is inevitable that differences in opinions, interests, and visions arise among shareholders on how the company should operate. It is also...

Alternative Investment Funds: Navigating Legal Challenges for Seamless Incorporation

In recent years, the Republic of Serbia has adopted a set of laws on Alternative Investment Funds (“AIFs”) to harmonize its legal landscape with the European Union (“EU”) and attract...

Joint Real Estate Development: How to avoid Tax pitfalls?

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...

From promise to pause: the impact of local self-government inertia on renewable energy projects

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...