Amendments to the Law on Business Entities
1 June 2022 marks the commencement of application of certain provisions of the Law on Amendments to the Company Law (hereinafter: the Law), the application of which was postponed until the above date. The stated provisions relate to: mandatory registration of data on gender at the time of registering domestic and foreign natural persons for […]
Notice on the final deadline for submission of the archive book
Pursuant to the Law on Archival Material and Archival Activities (hereinafter: the Law), all legal entities have a deadline until 30 April 2022 to submit to the competent archive a transcript of their archive book, for documentary material created in the previous year, i.e. transcript of the entire archive book from the date of founding, […]
Financial reporting – application of the new model
In accordance with the provisions of the Law on Accounting (“Official Gazette of the RS”, no. 73/2019 and 44/2021 – other law) (hereinafter: the “Law”), a new model of financial reporting has become applicable as of 1 January 2022. The main differences in comparison to the previously valid model are as follows: The deadlines for […]
Amendments to the Company Law
On 17 November 2021, the National Assembly of the Republic of Serbia adopted the Law on Amendments to the Company Law (“Official Gazette of the RS”, no. 109/2021 – hereinafter: the “Law”), which entered into force on 27 November 2021, with delayed application of certain provisions in order to adapt legal entities and competent state […]
Law on Protection of Trade Secrets
On 27 May 2021, the National Assembly of the Republic of Serbia adopted the Law on Protection of Trade Secrets (hereinafter: the “Law”), which entered into force on 5 June 2021. Prior to adoption of this Law, the previous Law on the Protection of Trade Secrets (“Official Gazette of RS”, No. 72/11) was in force […]
Rulebook on preventive measures for safe and healthy work to prevent the occurrence and spread of the infectious disease epidemic
The Ministry of Labor, Employment, Veterans’ and Social Affairs has adopted the Rulebook on preventive measures for safe and healthy work to prevent the occurrence and spread of the infectious disease epidemic, which prescribes the obligation of employers to adopt a Plan for the implementation of measures to prevent the occurrence and spread of an infectious disease epidemic by 10 August 2020 at the latest.
Law on Amendments and Supplements to the Company Law
In force as of 1 April 2020 are provisions of the Law on Amendments and Supplements to the Company Law concerning the introduction of two new financial instruments: 1) reserved own share and 2) right to acquire a share issued by a limited liability company.
Employers’ obligations during the state of emergency due
Pursuant to the declared state of emergency on the territory of the Republic of Serbia due to the pandemic of the corona virus Covid-19, the Regulation on Organizing the Work of Employers during a State of Emergency became applicable as of 16 March 2020.
Law on Amendments and Supplement to the Law on Contracts and Torts
The Law on Amendments and Supplement to the Law on Contracts and Torts enters into force on 11 March 2020, with the main novelty being that, for the validity of the consent or power of attorney given to conclude an agreement or to undertake other legal work in the form of a solemnized document or notarial deed, it is sufficient that the signature on the given consent or power of attorney is certified.
Law on Amendments and Supplements to the Company Law
In force as of 1 April 2020 are provisions of the Law on Amendments and Supplements to the Company Law concerning the introduction of two new financial instruments: 1) reserved own share and 2) right to acquire a share issued by a limited liability company.