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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Registration and operation of a component of a foreign legal entity

Specifics of branch operations in Serbia

A foreign company branch office is a separate organizational unit of a company in the territory of the Republic of Serbia through which the company performs activity in accordance with the law. A foreign legal entity may permanently perform activities on the territory of the Republic of Serbia through a branch established and registered following…
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Credit facility operations

Capital transactions according to Law on foreign currency transactions

According to the provisions of Law on Foreign Currency Transactions (“Official Herald of the Republic of Serbia”, Nos. 62/2006, 31/2011, 119/2012, 139/2014, 30/2018 and 19/2025) capital transactions shall be transactions between residents and non-residents and the purpose of which is the transfer of capital. Capital transactions shall be the following: Direct investments Investments in real…
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Executing reporting obligation to NBS in respect of foreign operations

Reporting obligation to NBS in respecct of foreign operations

Reporting obligation to NBS (National Bank of Serbia) in respect of foreign operations governing the following two regulations: Decision on Reporting Requirements in Respect of Foreign Operations (RS Official Gazette, Nos 87/2009 and 40/2015) and Guidelines for Implementing the Decision on Reporting Requirements in Respect of Foreign Operations (RS Official Gazette, No 87/2009 and 40/2015).…
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Insurance with a foreign insurance company

Insurance of the claims against foreign insurance company

According to the provisions of Article 274, paragraph 2 of Insurance Law until the day of accession of the Republic of Serbia to the European Union, risks may be insured with a foreign insurance company if insurance against those types of risks is not conducted in the Republic of Serbia, as well as other risks…
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