GDPR and the use of artificial intelligence applied to data protection standards
What is GDPR? GDPR is a general regulation for all EU member states which tell us how to use personal data. It sets new standards in the field of personal [...]
Employment Incentives vs HR Tools
Attracting the investor – keeping no. 1 in the region position The current investment incentive framework, with the latest update through the Direct Investment Incentive Decree dated January 2019, has [...]
Opening Ceremony of the Uni Graz Alumni – Chapter Serbia
On the occasion of the foundation of the Alumni-Chapter SERBIA the University of Graz and the Austrian Embassy in Belgrade cordially invite you to join us at the: Opening Ceremony [...]
Guidelines for Determining Beneficial Ownership of Legal Entities Adopted
On the 8th of January 2019, the Bureau for the Prevention of Money Laundering adopted the Guidelines for determining the Beneficial Ownership of the legal entities and the adjoining Guidelines [...]
Registration of Beneficial Ownership becomes obligatory for all resident and non-resident companies in Serbia
On the 31st of December 2018, the Serbian Business Register Agency implemented the Register of Beneficial Ownership. All resident-companies as well as branch offices and the representative offices of non-resident [...]
Treatment of Fixed Assets under the new Corporate Profit Tax rules, amended IFRS 16 coming into force and changes in Property Tax Law
Treatment of Fixed Assets under the new Corporate Profit Tax rules, amended IFRS 16 coming into force and changes in Property Tax Law – making it easier or less easy [...]
Serbia applying MLI from the 1st of January 2019
Application of Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) from 1 January 2019 to WHT in transactions between Serbian residents and [...]
Serbian Withholding Tax on Royalties
By entering into bilateral agreements on avoidance of double taxation, in order to properly apply all provisions in the agreement countries are trying to determine the rules on taxation of [...]
Cross-border financing challenges in the Balkans – a never ending story
Cross-border transaction legislation in the region (Bosnia and Herzegovina, Croatia, Macedonia, Montenegro, Serbia) has been one of the main cause of „pain“ for the foreign investors over the past decade. [...]
OECD Tax Guidelines on BEPS Actions 10 & 13: Impact on Serbian R&D Companies
Serbia is among the countries that have in general adopted standard transfer pricing methods as a mandatory part of the Corporate Profit Tax Act, among those also profit split methods. [...]