On 7 December, 2018, National assembly adopted the Law on fees for use of public goods, which will be applicable from 1 January 2019, except for the provisions which are related to fee for protection and improvement of the environment, applicable from 1 March 2019, and provisions which are related to water pollution fee, applicable from 1 January 2020.
JPM Law Office
Novelties in Taxation of Salary and other Income of Engaged Personnel
On 7th December 2018 the Parliament of the Republic of Serbia adopted the amendments to the Personal Income Tax Law and the Law on compulsory social insurance contributions, which came into force on 16th December 2018.
IFRS 16 – Leases Entered Into Force, Serbia is yet to Adopt It
A new standard, IFRS 16 “Leases”, applies to annual reporting periods commencing as of 1 January. Still, Serbia has not yet transposed the standard, meaning that, for the time being, changes introduced by the new standard are not in force in Serbia.
Stefan Jovičić obtained LL.M. in Crowdfunding
Stefan Jovičić, Senior Associate at JPM Banking & Finance department, obtained LL.M. degree and successfully defended his master thesis “Possibilities of Crowdfunding in Serbian and Comparative Law“.
NBS Took Over Supervision of Foreign Exchange Oprations from Ministry of Finance
As of 1 January 2019, the National Bank of Serbia (“NBS”) took over the competencies of the Ministry of Finance and its department Tax Administration for issuance and revocation of licences to perform exchange operations.
JPM acted as Legal Advisors to China Shandong in the Concession Project Banja Luka – Prijedor
JPM team led by Senior Partner Jelena Gazivoda and Partners Nikola Đorđević and Ivan Petrovic acted as Legal Advisors to China Shandong International in the Motorway Concession Project Banja Luka – Prijedor.
New tax benefits for Concessions
On 15 December 2018 amendments to several tax laws entered into force which, introduced benefits related to concessions with a value of at least EUR 50 million.
Big Deal 2018
This year marks the eight edition of the corporate law case study – Big Deal project and its fourth edition with an international element, organized by JPM in cooperation with the leading regional law offices from TLA Top-tier Legal Adriatic. From May to the end of November, when the finals took place, experienced lawyers from […]
The Law on Lobbying
The long-awaited work on the adoption of the Law on Lobbying began in the spring of 2018 and it represents the beginning of an anti-corruption normative reform.
SERBIA: Amendments and Supplements to the Law on Games of Chance
The National Assembly of the Republic of Serbia has announced a Bill on Amendments and Supplements to the Law on Games of Chance.