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 not properly planned. Useful things to know before starting the project? If a legal entity owns the majority of the land (e.g., 85%) and decides […]
Right of use over land in case of forced liquidation
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. One such concept in Serbia’s legal system is the “right of use” of land. […]
Jurisdiction for Issuing Construction Permits
This expert text will deal with the authority to issue a construction permit in accordance with the relevant provisions of the Law on Planning and Construction. 1. Basic rules on jurisdiction Article 133 of the Law on Planning and Construction prescribes the basic legal rules on jurisdiction for issuing construction permits. Paragraph 1 of the mentioned […]