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Legislation Update: Serbia
New Legalisation Framework in Serbia: A Limited-Time Opportunity to Register Unpermitted Buildings
With the adoption of the new Law on Special Conditions for the Registration and Entry of Rights on Real Estate (Official Gazette RS No. 91/2025), Serbia has opened what may be the final window for legalising buildings constructed without complete or valid permits. Effective from 24 October 2025, this legislative initiative offers a streamlined and time-limited […]
Read moreLegislation Update: North Macedonia
Amendments to the VAT Law in North Macedonia: Treatment of Low-Value Consignments
Recent amendments to the VAT Law in North Macedonia introduce significant changes to the VAT treatment of low-value consignments imported into the country. The goal of the amendments is to abolish the existing VAT exemption for low-value commercial parcels and to introduce a much narrower exemption limited to non-commercial, person-to-person shipments. The law will enter […]
Read moreRegional M&A News
MidEuropa Agrees to Exit Imlek
The family holding of entrepreneur and investor Andrej Jovanović (AJFH), as the lead investor, together with the experienced manager and current CEO of Imlek, Bojan Radun, has signed an agreement for the joint acquisition of Imlek from its current owner, MidEuropa. The transaction is subject to standard approvals. Karanović & Partners and its cooperating offices […]
Read moreNorth Macedonia: Tourism Growth
Hotels and Wine Key to North Macedonia Tourism Expansion
North Macedonia is stepping up efforts to attract hotel investments and strengthen its tourism infrastructure. During a recent discussion on Corridor 10 and transit tourism, government representatives highlighted plans to simplify construction procedures and encourage the development of new hotels nationwide, including in protected areas, to boost investment and support local economies. As part of […]
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