PR Legal advised The Coca-Cola Company on the acquisition of the mineral water factory

On May 10, 2022, in Neresnica near Kučevo, the plant for bottling of the natural mineral carbonated water Rosa Homolje was officially opened, which is the latest investment of the Coca-Cola system in Serbia. Rosa Homolje, as a new member of Rosa family, completed the 24/7 portfolio of the Coca-Cola system as the first locally-bottled carbonated water. In addition to the recognizable natural spring still water Rosa Vlasina, Rosa Homolje will certainly refresh the market of bottled water in Serbia, with the expected expansion into foreign markets. As the legal advisor of the buyer, PR Legal Team has been committed...

National Mark of Conformity – A Certificate of Conformity with Serbian standard

Pursuant to Article 7, paragraph 1, item 12) of the Law on Standardization (Official Gazette of RS no. 36/2009 and 46/2015) (“the Law”), the Institute for Standardization of Serbia (“the Institute”) published on April 12, 2022, the Rules for obtaining approval for the use of the National Mark of Conformity with Serbian standards (“the Rules”). According to the notice published on the same day on the Institute’s website, the national mark of conformity with Serbian standards (“the National Mark of Conformity”) is awarded according to the rules and procedures established on the basis of the Law, founding act and the...

Amendments to Certain By-Laws passed to the Law on Electronic Invoicing

Several amendments to the by-laws passed to the Law on Electronic Invoicing (“the Law”) are published in the Official Gazette of the Republic of Serbia no. 46 dated 8 April 2022, i.e.: Regulation on Conditions and Manner of Using the Invoice Management System; Regulation on Conditions and Manner of Keeping and Making Available Electronic Invoices and Manner of Ensuring the Authenticity and Integrity of the Contents of Paper Form Invoices; Rulebook on Elements of Electronic Invoice, Form and Manner of Delivery of Accompanying and Other Documentation through the System of Electronic Invoices, Manner and Procedure of Electronic Recording of Value...

Position of persons working for foreign employers in Serbia

Amendments to the Law on Pension and Disability Insurance (“the Law”) from 2019, notably Article 11 thereof, have eradicated the practical issues that used to exist in relation to the mandatory social insurance of persons working for foreign employers in Serbia. Amendments to the Law from 2019 Namely, the Law on Amendments to the Law, published in the Official Gazette of RS no. 86/2019 from December 6, 2019, changed the scope of the term, i.e., prescribed categories of insured employees, by deletion of provision of Article 11, paragraph 1, item 7) of the Law, which reads “Serbian nationals employed abroad,...

April 28 – World Day for Safety and Health at Work

In 2003, April 28 has been established as the World Day for Safety and Health at Work, when the International Labour Organization launched an initiative for promotion of safe and healthy work, with the aim of raising awareness of its significance. Since then, several regulations have been passed in the Republic of Serbia in order to establish conditions for safe and healthy work, among which the most important is the Law on Safety and Health at Work (Official Gazette of RS no. 101/2005, 91/2015 and 113 / 2017 - other law) (“the Law”). Some of the key provisions of the...

April as a Month of Intellectual Property – A Brief Overview of an Interesting Dispute in Japan

There are two important dates celebrated in April, for which it can be considered the month of intellectual property: April 21 as World Day of Creativity and Innovation; and April 26 as World Intellectual Property Day. World Day of Creativity and Innovation The World Day of Creativity and Innovation was established by the United Nations, with the aim of emphasizing and promoting the importance of creativity and innovation for sustainable development. This date is celebrated since 2018 and has become increasingly important, which was undoubtedly influenced by the COVID-19 pandemic. World Intellectual Property Day This year, the World Intellectual Property...

Electronic signing of documents in Serbia – novelties in signing of financial statements for Business Registers Agency

Starting from March 23, 2022, Serbian Business Registers Agency (“the SBRA”) has allowed the use of electronic signature in cloud in the Special Information System for drafting and submission of financial statements. The respective qualified electronic certificate in cloud is issued free of charge by the Office for IT and eGovernment, while its Portal for Electronic Identification provides the information and instructions regarding the activation of relevant mobile application (ConsentID) and qualified electronic certificate in cloud, as well as the procedures for signing documents in such manner (available on this link). According to the notice published on the SBRA’s website,...

Managing Partners from PR Legal held a lecture at the Faculty of Law, University of Belgrade

Last week, after two years, our managing partners Ivana Ružičić and Milan Petrović had the immense pleasure to hold another live lecture at the Faculty of Law, University of Belgrade, within the Moot Court and Case Study course. The subject matter of the lecture was “Evidentiary procedure and means of evidence in litigation proceeding”, and the students had the opportunity to find themselves in the role of a judge, i.e, to “pass a judgement” in one of the analyzed cases, based on the presented evidence. In addition to getting acquainted with the case law, the aim of the respective lecture...

Deadline for Submission of the Tax Return for Annual Citizens’ Income Tax for 2021 Expires on 16 May 2022

On 4 April 2022, the Ministry of Finance of the Republic of Serbia published the Explanation on Annual Citizens’ Income Tax for 2021. As a reminder, the annual citizens’ income tax is governed by articles 87-89a of the Law on Citizens’ Income Tax (“the Law”). Taxpayers of the annual citizens’ income tax Under the abovesaid provisions of the Law, the annual citizens’ income tax is paid by natural persons whose income in a calendar year was higher than triple amount of the average annual salary per employee (paid in the Republic of Serbia in the year for which the respective...

PR Legal re-ranked at The Legal 500

We are deeply proud and pleased to announce that our law firm PR Legal has been re-ranked by The Legal 500 EMEA 2022 as one of the leading offices in Serbia in the field of employment law. What has notably contributed to the abovesaid ranking on this prestigious list is the successful advising of the clients with regards to the structuring and implementation of various projects which, among other things, include significant changes concerning the organizational units and workplaces, as well as general acts, employment contracts and other documentation in relation thereto. One of our clients' recommendations is: “When you...