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Simplified extra-judicial procedures for settlement of a creditor’s claims.
Over the last 10 years, considerable legislative efforts have been made towards creating a favourable framework for financing agribusiness and agricultural production in Serbia.
By the end of March banks are required to comply their general terms of business and individual agreements with customers with the amendments of the Financial Services Consumer Protection Act, as well as to begin implementing the new Law on Payment Services.
The procedure for annual financial reporting in Serbia has been modernised.
This briefing deals with a repeal of the provisions of the Income Tax Law regarding the retroactive taxation of receipt from dividends and profit sharing.
Regulatory Update — Serbia: the key risks and mitigating measures in the banking sector, the Vienna Initiative and more
There are 30 banks in Serbia, of which six are state owned (wholly or partially) and 21 are foreign owned.
Tax Newsletter — Serbia: rulebooks on tax balance and tax returns for corporate taxpayers and entrepreneurs
Karanovic & Nikolic has published the March 2014 edition of its Tax Newsletter.
Croatia: recent news highlights — Strategic Investment Act and proposed new act on maritime goods and sea harbours
The new act on strategic investment in Croatia has achieved its goal of reducing administrative procedures and ensuring the speedy realisation of strategic projects in Croatia.
The recently adopted Montenegrin Law on Prevention of Illegal Business introduces a number of new concepts in the process of fiscal consolidation and combating grey market.
This briefing from Karanovic & Nikolic summarises the most important provisions of Serbia’s Law on Amendments to the Foreign Exchange Law.
The National Bank of Serbia has amended the Decision on Risk Management to tackle the issue of rising non-performing loans.