Law on Factoring

Requirements for Conducting Factoring

Law on Factoring (“Official Herald of the Republic of Serbia”, Nos. 62/2013 and 30/2018) regulates the concept and subject of factoring, factoring participants, conditions and manner of factoring, types of factoring, rights and obligations of factoring participants, factoring contract, reverse factoring, and supervision of factoring. According to provisions of the Law on Factoring (“Official Herald…
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Law on Foreign Currency Transactions

Conditions and methods of financing foreign business

Financing of foreign business in Serbia is most often realized in the following forms: financing through direct investments (founders’ investments, subordinated loans and credits, additional payments, etc.) foreign currency lending in the country taking loans and borrowings from abroad contracting factoring transactions. Direct investments By the Law on Foreign Currency Transactions (“Official Herald of the…
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Law on factoring

Factoring contract

Factoring shall be a financial service of buying and selling of existing non matured or future short-term monetary receivable, that arose from a contract of sale of goods or provision of services at home and abroad. Participants in factoring shall be: The assignor, who sells to the factor its receivable against the debtor that arose…
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