Personal data protection in Serbia – the legal framework

Personal data protection in Serbia was regulated by the provisions of the Law on Personal Data Protection and in some cases by the provisions of the General Data Protection Regulation.

The General Data Protection Regulation (hereinafter: GDPR) started with implementation within European Union on May 25, 2018. The Law on Personal Data Protection which entered into force on November 21, 22018 and started with implementation on August 21, 2019, adopt the majority of principles and standards of GDPR’s. Continue reading Personal data protection in Serbia – the legal framework

Registering a branch office of a foreign company in Serbia

A foreign company branch office is a separate organizational unit of a company through which the company performs activity in Republic of Serbia in accordance with the law.

A foreign company branch office does not have the capacity of a legal person, but in terms of tax have resident status.

Legal framework

Relevant regulations, whose subject is registering a branch office of a foreign company, are:

  • Companies Act (RS Official Gazette, No. 36/2011, 99/2011, 83/2014 and 5/2015)
  • Law on the Procedure of Registration with the Serbian Business Registers Agency (RS Official Gazette, No. 99/11 and 83/2014)
  • Rulebook on the Content of the Business Entities Register and Documents Required for Registration (RS Official Gazette, No. 42/2016) and
  • Decision on Fees for Registration and other Services Provided by the Serbian Business Registers Agency (RS Official Gazette, No. 119/2013, 138/2014, 45/2015, 106/2015, 32/2016 i 60/2016) Continue reading Registering a branch office of a foreign company in Serbia

Entrepreneur or company

Status and position of the entrepreneur and the company is governed by the provisions of the Law on Companies.

The entrepreneur, according to the provisions of Article 83 of the Law on Companies, is definied as a natural person with full capacity who is registered in the Business Entities Register and is engaged in a business activity for the purpose of profit generation.

Entrepreneur or company

Also the entrepreneur in terms of the Law on Companies, shall be a natural person registered with a special register who carries on a professional activity governed by a special regulation, if this is provided by such regulation. Continue reading Entrepreneur or company