Attorney Dragana Djordjevic - foreign currency transactions

This Law on Investments regulates the general legal framework for investments in the Republic of Serbia, the bodies that support investments by providing efficient services to investors, the establishment and operation of the Council for Economic Development, and the establishment and operation of the Development Agency of Serbia.

According to the provisions of the Law on Investments investor is a legal or natural person who acquired the investment on the territory of the Republic of Serbia, in accordance with the law.

Investment in terms of the Law on Investments are:

Direct investment i.e.investment in material and non-material assets of the company
Indirect investment i.e. acquiring shares or stocks in the company. Continue reading Investor rights →

An foreign association’s representative office represents an form of organization of a foreign or international non-governmental non-profit association having its head office on the territory of the Republic of Serbia.

The status and operations of foreign associations are regulated by the provisions of the Law on Associations.

For the purposes of the Law on Associations, a foreign association shall be any association that has its head office in another state and is established under that state’s regulations in order to pursue a shared or general interest or goal and carries out activities that are not geared at making profit as well as any international association or another side or international non-governmental organization which has members that have associated on a voluntary basis in order to pursue a shared or general interest or goal not geared at making profit. Continue reading Foreign association’s representative office →