Law on Financial Leasing

Operational leasing

The institute of business or operational leasing is not prescribed in the positive regulations of the Republic of Serbia. In the business practice of economic entities, the term operational leasing is used, which means the lease of movable and immovable property, i.e. sale with instalment payments of the price for the purchased item, which is…
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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 Compulsory Traffic Insurance

Accident insurance for passengers in public transport

For the purposes of the Law on Compulsory Traffic Insurance (RS Official Gazette, No 51/2009, 78/2011, 101/2011, 93/2012 and 7/2013- Decision of the Constitutional Court), the types of compulsory traffic insurance shall be as follows: Accident insurance of passengers in public transport Third party liability insurance for owners of motor vehicles Aircraft passenger and third-party…
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Law on Digital Property

Concept and types of digital property according to the Digital Property Law

The legal framework for the regulation of digital property in the Republic of Serbia is the Law on Digital Property (“Official Gazette of RS”, No. 153/2020), which entered into force on December 29, 2020. year, and applies after the expiration of six months from the date of its entry into force, i.e. from June 30,…
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Law on Compulsory Traffic Insurance

Contract on compulsory insurance

Contract on compulsory insurance, conditions for and content were regulated by the provisions of Law on Compulsory Traffic Insurance (“Off. Herald of RS”, Nos. 51/2009, 78/2011, 101/2011, 93/2012 i 7/2013 – Constitutional Court decision). The owners of means of transport, used for public transport, and the owners of other means of transport shall be required…
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Insurance Law

Insurance agency

Insurance agency activities shall be the activities of initiating, proposing or carrying out the tasks of preparation and conclusion of insurance contracts on behalf and for the account of an insurance undertaking. Insurance agency activities shall be carried on by a legal person or natural person – entrepreneur based on an insurance agency contract, in…
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