Tax incentives for renewables – possibilities

The energy development strategy of the Republic of Serbia until 2025 with projections until 2030,as well as the Integrated National Energy and Climate Plan, which is currently being developed and adopted,

Serbia – Data Protection Strategy Proposal for 2023-2030

The Serbian Ministry of Justice released a Data Protection Strategy Proposal for 2023-2030 and invited stakeholders to participate in public discussion.

Yet another investigation initiated by the Serbian Competition Commission and a clear sign of continuous enforcement activity

On 24 March 2023, the Commission for the Protection of the Competition (“Commission”) initiated an investigation against the Hotelsko, Ugostiteljsko i Turističko preduzeće Moskva doo (“Moskva”) for possible gun-jumping.

Arm’s length interest rates

The Ministry of Finance published, at the end of -March 2023, its eleventh Regulation on interest rates which are considered to be in line with the “arm’s length” principle. The Ministry of Finance, i.e. the Minister issues this Regulation every year and it pertains to the interest rates for that year.

Capital gains tax and tax exemptions

The latest amendments to the Law on Personal Income Tax, in the part that refers to tax exemptions for tax on capital gains of natural persons, have expanded the scope of exceptions to the taxation of capital gains. However, it does not seem to be done in a coherent and comprehensive way.

Incentives for Startups – New Innovation Fund’s Register and Copyright deposition as missing links for Tax reliefs

In the Republic of Serbia, there is a number of various incentives for startups, stretching from state aid incentives to private support programs, which represent either a form of financing and subsidization of startups or a form of tax relief with the aim nonetheless to help innovative businesses grow and keeping the economy sustainable. Through …

Capital gains tax and tax exemptions

The latest amendments to the Law on Personal Income Tax, in the part that refers to tax exemptions for tax on capital gains of natural persons, have expanded the scope of exceptions to the taxation of capital gains. However, it does not seem to be done in a coherent and comprehensive way.

NEW DRAFT LAW ON AMENDMENTS TO THE LAW ON SPATIAL PLANNING AND CONSTRUCTION

After the publication of the draft of the Law on Amendments to the Law on Spatial Planning and Construction, a series of public hearings on the proposed draft law was held in February 2023, and now we are waiting for the final wording of the proposal of the amendments and the lawmaker’s response to the …

Renewables sector – challenges and the future expectations

The renewables sector in the Republic of Serbia has been growing for a while with a focus on wind energy, solar energy, biomass, and biogas and as recently on agrivoltaics.

New Governance Structure of the ICC Commission on Arbitration and ADR

We are pleased to announce that JPM Partner Djordje Novcic has been appointed by the Serbian National Committee as one of the Delegates to the ICC Commission on Arbitration and ADR (the ‘Commission’).