The benefits of doing business in free zones in Serbia
By Lidija Pejcinovic
FDI Intelligence, the largest centre for assessing foreign direct investments worldwide, has ranked two Serbian free zones, Pirot and Zrenjanin, 41st and 48th respectively on the list of 50 most attractive zones for foreign direct investments in the world. How do free zones in Serbia operate in practice?
If you ever find yourself in a free zone, this should be immediately apparent to you, as it must be clearly marked as a free zone, particularly at entrances and exits, and river-side as well, if the zone has river access. A zone can consist of several separate parts provided they all operate as a whole. Free zones are fenced and marked areas equipped with infrastructure, intended for conducting production or service activities, in which the investors operating within them are entitled to certain benefits.
As opposed to the EU where free zones are regulated by the EU Customs Law, as a general law, in Serbia free zones are regulated by a separate Free Zones Law from 2006…
Click on the link below to read the rest of the JPM Jankovic Popovic Mitic briefing.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from JPM Jankovic Popovic Mitic
Briefings from JPM Jankovic Popovic Mitic
Draft amendments to Law on Spatial Planning and Construction adopted by government of Republic of Serbia December 2014
Serbia’s Ministry of Construction, Traffic and Infrastructure has put significant effort into drafting amendments of the existing Law on Spatial Planning and Construction.
The draft Law on Employment of Foreigners was published in the Official Gazette of the Republic of Serbia on 26 November 2014, and will come into force on 4 December 2014.