COVID-19

Post COVID-19: Financial Support for Investment Projects in North Macedonia

1. Introduction On 09 June 2020, the Government of the Republic of North Macedonia (the “Government”) adopted a decree with a legal effect as a law that extends the provision of financial support to companies in the industrial sector by co-financing investment projects in the period between March 2020 and December 2021. 2. Amount of the financial support Companies may be provided with financial support in the amount of up to 25% of the realized investment project in accordance with the investment plan. Depending on the total revenue in 2019, the companies may apply for: up to EUR 40,000…

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.

Montenegrin Government Adopts Measures to Support the Economy amidst the Coronavirus Epidemic

The Government of Montenegro adopted two sets of measures in order to mitigate the adverse effects of the COVID-19 epidemic on the economy, as well as on the most vulnerable categories of citizens.

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%