Rulebook on Exercising the Right to Reduce the Tax Base for Salaries of a Newly Settled Taxpayer

Tax relief for newly settled taxpayers

The tax relief available to individuals who are newly settled taxpayers in the territory of the Republic of Serbia consists of a specific employment incentive for such individuals and is regulated by the provisions of: Article 15v of the Personal Income Tax Law (“Official Gazette of the Republic of Serbia,” Nos. 24/2001, 80/2002, 80/2002 –…
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Law on Passenger Transportation by Road

Conditions for operating a taxi transport business

The legal framework governing taxi transportation in Serbia is established by the Law on Passenger Transportation by Road (“Official Gazette of the Republic of Serbia,” Nos. 68/2015, 41/2018, 44/2018 – other law, 83/2018, 31/2019, and 9/2020), while each local self-government unit may also prescribe additional local requirements. Taxi transportation may be provided under a taxi…
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Companies Act

Establishing a holding company in Serbia

Under the Companies Act, companies may be linked through an interest in share capital or partnership shares (companies linked by capital), a contract (companies linked by contract), or both (mixed linked companies). It is prohibited to link companies contrary to the regulations that govern the protection of competition. A holding company represents one form of…
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Law on the Conditions for the Performance of Psychological Activity

Independent practice of psychological activity

Psychological activity cannot be carried out solely based on completed studies in psychology and an entrepreneur registration. The legal framework in the Republic of Serbia simultaneously imposes professional, organisational, premises-related and ethical requirements. Additional rules apply where psychological work is performed within the social welfare or healthcare system. Activities within the scope of psychological practice…
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Companies Act

Piercing the corporate veil

One of the fundamental principles of company law is that a company is an independent legal entity whose assets are separate from the assets of its founders, members, and shareholders. This principle gives rise to the rule of limited liability: as a rule, a member of a limited liability company, a limited partner in a…
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Law on Foreigners

Changes during the validity of the single permit

Single permit shall mean the permit for a foreigner’s temporary residence and work in the Republic of Serbia. The single permit can be issued for: Employment; Self-employment; Special cases of employment, in compliance with the regulations governing the employment of foreigners, namely: a) For seconded persons, b) For movement within the company, c) For an…
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