Law on Amendments and Supplements to the Law on Legalization of Facilities

Having in mind the number of illegally constructed facilities which are subject to legalization, the main reason for adopting this Law is to enable more efficient implementation of the procedure for legalization of illegally built facilities in the Republic of Serbia, and to influence adjunctively on the prevention of illegal construction as well as the disposal of such facilities.

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Law on Amendments and Supplements to the Law on Planning and Construction

The main reason for adoption of the Law on Amendments and Supplements to the Law on Planning and Construction – which entered into force on November 6 2018 – is to introduce new legal solutions, to improve and change existing ones, as well as harmonization with the provisions of special laws that came into force after 2014, especially the Law on Electronic Commerce and the Law on General Administrative Procedure.

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Deadline for registration in the Central Registry

In view of the recently established Central Registry of Ultimate Beneficial Owners, authorized persons of existing registered entities are obliged to, no later than 31 January 2019, register the data regarding the ultimate beneficial owner in the Central Registry, using a qualified electronic signature. Attached herewith is a bilingual guide which describes in more detail the procedures of registration in the Central Registry.

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Law on Amendments and Supplements to the Company Law

On 1 October 2018, most provisions of the Law on the Amendments and Supplements to the Company Law come into force, while the provisions regulating the cross-border merger and absorption of companies, the European Society and European Economic Interest Grouping shall apply as of 1 January 2022. The main reason for adopting the Law is to harmonize the legal system of the Republic of Serbia with the acquis of the EU in the field of corporate law.

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Law on the Registration Procedure with the Cadaster of Real Estate and Utilities

the Law on the Registration Procedure with the Cadaster of Real Estate and Utilities entered into force on 8 June 2018, while the relevant bylaws for implementing the Law shall be rendered within 3 months. The Law aims to establish and maintain an accurate and wholesome record of real estate in order to ensure secure legal transactions, In accordance with this intention, a more simple procedure has been established, as well as short deadlines for state authorities.

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