How Foreign Investors Can Inject Capital Into Serbian Subsidiary: A Complete Guide
Picture this: Your Dutch company has a subsidiary in Belgrade. Business is going well, but you need EUR 500,000 for a new project. The local director says he needs the money by month-end. Your CFO in Amsterdam asks: “How do we inject capital into Serbian subsidiary without making a tax mistake?” We hear this question […]
Stock Options in Serbia: How ESOPs are Changing the Game from IT to Energy
Picture this: your best developer just received a competing offer — higher salary, full remote, and stock options in a Delaware-registered company. What can you offer in return? If the answer isn’t an ownership stake in your own business, you’re likely losing the talent race. This scenario plays out daily across Serbian companies — in […]
Cyprus the Most Tax-Efficient EU Jurisdiction for International Business
Operating within the European Union enables companies to access a single market, freedom of capital movement, and high legal certainty. The EU framework today is not just a regulatory advantage but also a strong reputational signal to banks, investors, and business partners. In this context, Cyprus has positioned itself as one of the most tax-efficient […]
Electronic Delivery Notes – Modernization of the Economy
On 12 December 2025, the latest amendments and supplements to the Law on Electronic Delivery Notes entered into force. The purpose of these amendments is to further clarify the existing provisions of the Law and to tighten the liability of entities that issue electronic delivery notes (for example, with respect to obligations relating to the […]
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 unavoidable that the interests of certain shareholders may conflict with the interests of the company itself, and in some cases, individual shareholders may cause harm […]
Star Finance acquired Tradewin
Star Finance has acquired Tradewin, a licensed broker house in Serbia. The primary aim of Star Finance is to establish itself as the leader in the Serbian capital market on the long run. IVVK Lawyers advised Star Finance on the transaction. The team was led by Senior Partners Aleksandar Ilić and Miloš Vučković, with support from Senior […]
How to Efficiently Secure Financing for Company Ventures and Operations?
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. Considering this we will explore financing […]
Amendments to the Law on Alternative Investment Funds: What You Need to Know
Recently, the National Assembly of the Republic of the Serbia adopted amendments to the Law on Alternative Investment Funds (the “Law” or “Law on AIFs”). The amendments came into force on 6 December 2024. The primary motive behind enactment of these amendments is to improve the Serbian capital market. The new regulation aims to foster […]
Corporate Sustainability Due Diligence Directive: Navigating Trough the Turmoil
We are currently living in times where, next to rapid technological advancements, environmental and social requirements enter into every pore of society. This refers to businesses as well, where new methods of conduct are adopted, trying to reduce their carbon footprint on the environment, while simultaneously being inclusive of individuals with various social backgrounds and […]
Shareholders agreement – General overview and important clauses
In most occasions, certain matters regarding the relations between shareholders of a certain company appear unregulated, which may lead to disputes and court proceedings that can prolong the advancement of a company. In more corporate oriented countries which have such a culture developed, non-existence of such an agreement is quite rare, but in other countries […]