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Key novelties of the Law of the Central Register of Ultimate Beneficial Owners

In March 2025, the National Assembly of the Republic of Serbia adopted a new Law on the Central Register of Ultimate Beneficial Owners, the provisions of which will mostly come into effect on September 14, 2026. This law aims to increase business transparency and prevent abuses in the financial sector, particularly in the areas of anti-money laundering and counter-terrorism financing.

The Law on Safety and Health at Work: Key Changes and Obligations of Employers

The Republic of Serbia has adopted a new Law on Occupational Safety and Health (hereinafter: the Law), which came into force on May 7, 2023. Employers are required to fully harmonize their operations with the new regulations by May 7, 2025, or by January 1, 2026, at the latest.

This law introduces significant changes aimed at improving worker protection and aligning with European standards. Non-compliance may lead to serious consequences, including substantial financial penalties.

New Decree on Conditions of Delivery and Supply of Electrical Energy: NEW OBLIGATIONS OF INVESTORS

On October 13, 2023, the new Decree on Conditions of Delivery and Supply of Electrical Energy (“Decree“) adopted by the the Government of the Republic of Serbia entered into force. Its key novelty is the issue of deposits and bank guarantees of investors/producers. Deposits Namely, one of the prerequisites to obtaining the connection study to […]