Our Insights
Taxation of Income Received from Abroad – New Obligation for Freelancers?
The tax system in the Republic of Serbia is conceived on the principle of world income, which means that both domestic income and income earned from abroad are taxed.
Amendments to the Anti-Corruption Act
On 29 May 2019 the National Assembly of the Republic of Serbia passed the Anti-Corruption Act, replacing the Anti-Corruption Agency Act, and applying from 1 September 2020.
Mobilization of Foreign Vessels in Serbia – Cabotage
Cabotage is the right to perform the transport of passengers or goods in a host country. For a vessel under a foreign flag to start operating on the territory of Serbia, it must be previously registered.
Health and Safety at Work Bill – Bigger Responsibilities for Employers
The Republic of Serbia is taking significant steps to harmonize its legislation with the European Union legislation, especially when it comes to safety and health of employees at work.
The National Bank of Serbia Introduced a New Moratorium
Banks are obliged to offer a delay in the repayment of liabilities (moratorium) to natural persons, farmers, entrepreneurs, and companies by 31 July 2020, according to the new Decision.
Second Package of Financial Aid Due to Covid-19 Pandemic
The Republic of Serbia adopted a Conclusion regarding direct payments and fiscal benefits to the private sector, i.e. the second package of financial aid for the economy.
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