New Rules for Business Travel to Serbia
As of 21 January 2021, Serbian and foreign citizens can travel to Serbia for business reasons, without a negative PCR test.
The Serbian Ministry of Labour’s Guide through Occupational Health and Safety when Working from Home
Author: Marija Gligorevic, BDK Advokati
The Serbian Ministry of Labour published on 18 January 2021 the Guide for Safe and Healthy Work from Home (Vodič za bezbedan i zdrav rad od kuće) (“Guide“).
The Guide defines work from home as work which involves the use of information and communication technologies (PC, laptop, smartphone, and tablet) enabling remote work.
Documenting work from home
The Ministry of Labour suggests in the Guide that the work from home on an exceptional basis (and not as a special form of employment) requires that the employer and the employee conclude a formal annex…
New COVID-19-related Measures of Relevance to Businesses in Serbia
The Serbian parliament adopted amendments to the Act on Protection of Population from Infectious Diseases (Zakon o izmenama i dopunama Zakona zaštiti stanovništva od zaraznih bolesti, Official Gazette of the Republic of Serbia, No. 136/2020), which has entered into force with immediate effect.
Personal protection measures against infection
The amendments impose on retail businesses the obligation to ensure that patrons wear protective masks while on premises and appoint a person responsible for the supervision of the application of the measures. In addition to the sanitary inspectorate, communal…
New Banking and Financial Leasing Moratorium in Serbia
Author: Jelena Malesevic, BDK Advokati
Obligations subject to the moratorium
Less than a month after the expiry of the first COVID-19-related moratorium on corporate and retail debt, to Serbian banks and financial leasing companies, the National Bank of Serbia has imposed a new moratorium on payment obligations owed to banks under banking products (such as loans, overdrafts, credit cards, hedge instruments such as interest rate swaps, and bank guarantees) and financial leasing companies.
The moratorium does not apply to payment obligations arising under banking services such as payment…
How to Introduce Remote Work during COVID-19 Pandemic?
Author: Marija Gligorevic, BDK Advokati
COVID-19 pandemic is on a hike and the employers are therefore faced with the necessity to introduce remote work in order to secure occupational safety and health of their employees. However, the Serbian law does not provide for a legal basis for the employers to order teleworking in exceptional times.
During the recent state of emergency, which lasted from 15 March 2020 until 6 May 2020, the Government enacted the Decree on organisation of work during the state of emergency (Official Gazette of the Republic of Serbia nos. 31/2020) (“Decree“). The Decree…
New Safety and Health Measures the Employers Must Take During an Epidemic
Author: Marija Gligorevic, BDK Advokati
The Serbian Ministry of Labour adopted the Rulebook on Prevention of Epidemics of Infectious Diseases (Pravilnik o preventivnim merama za bezbedan i zdrav rad za sprečavanje pojave i širenja epidemije zarazne bolesti, “Official Gazette of the Republic of Serbia” no. 94/2020) (“Rulebook“), which will become applicable on 11 July 2020.
The employers must enact a Plan on Implementation of Measures for Prevention of Epidemics of Infectious Diseases (“Plan“) until 10 August 2020 and, while an epidemic is ongoing, regularly adjust it to the orders…
The New Compliance Environment for Future Issuers of ‘Corona’ Bonds in Serbia
As a follow-up to the Decree on the Procedure for Issuance of Debt Securities, the Serbian Securities Commission has enacted amendments to the Regulation on Content of Application for Prospectus Publication Approval and Documentation Accompanying Application and the Regulation on Form and Minimal Content of Information to be Included in Prospectus, Basic Prospectus and Related Publications.
Update on COVID-19-related Fiscal Incentives and Direct Financial Aid to Corporate Sector in Serbia – Status on 1 May 2020
BDK Advokati provides an update on COVID-19-related Fiscal Incentives and Direct Financial Aid to the corporate sector in Serbia.
Update on COVID-19-related Fiscal Incentives and Direct Financial Aid to Corporate Sector in Serbia
Commercial entities qualify for the fiscal incentives and direct financial aid if they have not reduced their employee headcount in the period from 15 March 2020 until 10 April 2020 for more than 10%