Exploring Possibilities: Buy Real Estate in Serbia as a Foreigner (2024)

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Explore the process of purchasing real estate in Serbia for foreigners, including legal considerations, tax obligations, and potential risks. Learn about the steps involved in property acquisition. Dive into essential insights for informed decision-making.”

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Comprehensive Guide to Company Registration in Serbia: Everything you should know (2024)

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Embark on a seamless journey to establish your business entity in Serbia through our comprehensive guide on company registration. Discover the intricacies of opening a company in Serbia and efficiently navigate the legal landscape with our expert insights. Our blog covers essential steps, from selecting the appropriate legal form to registration with the Serbian Business Registers Agency and the intricacies of tax applications. Whether you’re an entrepreneur or a startup, our expert advice ensures a smooth process, covering aspects such as opening a bank account, obtaining an electronic signature, and understanding the importance of Ultimate Beneficial Owners (UBO) registration. Explore the benefits of a virtual office and the option to acquire a pre-established company for a streamlined process. With our guidance, register your company in Serbia confidently.

AI and Copyright: The New York Times Lawsuit Against OpenAI and Microsoft

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Explore the unfolding legal battle between The New York Times and tech giants OpenAI and Microsoft in this in-depth analysis. As artificial intelligence advances at an unprecedented pace, issues of intellectual property and copyright infringement come to the forefront. Delve into the details of the lawsuit, filed in December 2023, alleging unauthorized use of The New York Times’ copyrighted texts for training large language models. Discover the potential economic and regulatory impact on the rapidly evolving field of artificial intelligence. Stay informed about the intersection of traditional media, technology, and the ongoing challenges in defining and protecting intellectual property rights in the age of AI.

E-Bills: Digitizing Bill of Exchange Transactions

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The National Bank of Serbia (NBS) is actively working on creating the infrastructure prerequisites for the implementation of electronic bills of exchange (e-bills), as indicated in the annual report of the NBS. The digitization of bills of exchange is expected to become a reality during this year. The introduction of e-bills does not signify the […]

Freelancers and Taxation: Aligning with Legal Regulations

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Explore the transformative changes in Serbia’s freelancer taxation landscape as of January 1, 2023. Following the State’s decision to regulate freelancer taxation, amendments to personal income tax and social security contributions have been implemented. The legislation recognizes freelancers as individuals generating income outside entrepreneurial registration. Notably, freelancers can opt for two self-assessment models, each with its unique calculation method for taxes and contributions. Whether choosing Model A, suitable for lower incomes, or Model B, tailored for higher earnings, freelancers benefit from the flexibility to switch models each quarter. Stay informed about these updates to navigate the evolving freelancer taxation scenario in Serbia.

New obligations related to electronically generated archival and documentary material

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The Regulation on unique technical and technological requirements and procedures for the preservation and protection of archival and documentary material in electronic form entered into force on 1 January 2024. The Regulation applies to legal entities that are creators and owners of archival and documentary material in electronic form. The Regulation applies only to archival […]

Serbian Business Registers Agency enabled digital submissions for data changes of entrepreneurs

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The Serbian Business Registers Agency (SBRA) has launched a new application on its portal, enabling the submission of all types of notifications for changes of entrepreneur data, as well as the application for the removal of entrepreneurs from the registry. Electronic submission of notifications is not mandatory but streamlines the registration process. Entrepreneurs who prefer […]