Legislation 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 […]
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Regional 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 more North 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 […]
Read more Energy News: Montenegro
Amendment to the Decision Defining Blocks for Hydrocarbon Exploration and Production
The Government of Montenegro (Government) has adopted amendments to the Decision on Defining Blocks for Hydrocarbon Exploration and Production (Decision). The initial Decision divided the territory, including the maritime area, into exploration blocks. These amendments further specified the offshore blocks that will be offered in the upcoming tender for exploration (and production) of hydrocarbons. These […]
Read more Serbia: Legislation Update
From NIS2 to Serbia: How the New Information Security Law Impacts Your Business
Serbia has taken a significant step towards strengthening cyber resilience with the introduction of a new Information Security Law (the “Law”). Although Serbia is not an EU member, the Law aims to align with principles and core mechanisms of the NIS2 Directive, enhancing a safer and more reliable use of information and communication technologies (ICT) […]
Read more Serbia FinTech Overview
Karanović & Partners Contributes Chapter to Multilaw FinTech Guide
We are pleased to announce that the Karanović & Partners team has authored the Serbia chapter of the Multilaw Global FinTech Guide. The contribution was prepared by our Partner Katarina Gudurić and Senior Associate Tijana Arsenijević, offering an overview of fintech regulation, digital banking, payment services, and emerging technologies in the Serbian market. The guide […]
Read more 2025 IFLR1000 Ranking Announced
Karanović & Partners Ranked in 2025 IFLR1000 Ranking of the Leading Legal Practices
Karanović & Partners has once again been recognised as a top-tier law firm in the 2025 IFLR1000 rankings, which evaluate leading legal practices across more than 235 jurisdictions worldwide. Our legal practice continues to be ranked Tier 1 regionally in both Financial & Corporate and Project Development categories. This recognition reflects our ongoing commitment to […]
Read more Montenegro CfD Tender Details
Deadline for Application for the Auctions for Market Premiums for Solar Power Plants Expires on 10 November
The deadline for applications for the Montenegrin auction for market premium for solar power plants expires on 10 November 2025 at 13:00. The public call and tender documentation for participation in this auction were published on 11 July 2025. The market premium is awarded through a Contract for Difference (CfD). The total quota for this […]
Read more IP and IT Law in Gaming
Karanović & Partners and SGA Host Copyright and Data Protection Workshop
On 29 October 2025, Karanović & Partners hosted the Serbian Games Association (SGA), holding a workshop titled “XP for IP: Upgrade Your Knowledge of Copyright”. The event provided game studios, developers and creative professionals with hands-on insight into how intellectual property (IP) rights and data protection intersect in the modern gaming industry. The workshop covered […]
Read more Cross-Border Acquisition in Austria
Mass to Acquire One of Europe’s Oldest Footwear Retailers
Our colleagues from Ketler & Partners, member of Karanovic advised a Slovenian footwear retailer, Mass Group, on its entry into an agreement to acquire Leder & Schuh, one of Europe’s oldest footwear retailers. This multi-jurisdictional transaction was led by our colleagues, who provided comprehensive legal support in all steps throughout the process. The team featured […]
Read more Tax Expertise in Focus
Karanović & Partners at the Legal Pro Forum 2025
Our Partner Andrej Jelenković and Senior Associate Filip Šušulić participated in the Legal Pro Forum Conference, held at Hotel Tornik, Zlatibor, from 19 to 21 October 2025. Andrej Jelenković took part in the panel discussion “Borderline Between Tax Planning and Tax Evasion”, where he shared insights and experiences from various high-profile tax evasion criminal cases. He also served as the moderator of […]
Read more CEE Legal Matters Summit
Karanović & Partners at the Balkan General Counsel Summit 2025
Our team took an active part in the Balkan General Counsel Summit, organised by CEE Legal Matters, a leading publication and platform dedicated to the business of law in Central and Eastern Europe. The event took place on 21 October 2025 in Belgrade, gathering leading in-house counsel and legal experts from across the region to […]
Read more Insights from ELG Conference
Karanović & Partners at the Energy Law Group Conference in London
Our Partner Petar Mitrović spoke at the “Energy Transition Investment Conference 2025”, held in London on 16 and 17 October. The event was organised by the Energy Law Group (ELG), the most extensive network of energy experts across Europe, the Middle East, Africa, and beyond, together with international law firm and ELG member Slaughter and May. It […]
Read more CCIFS Member Session
Training Session on the Amendments to the Law on the Central Register of Beneficial Owners
On 16 October, our Associates Teodora Vasin and Marina Živanović led a training session for the members of the French-Serbian Chamber of Commerce (CCIFS), dedicated to the upcoming amendments to the Law on the Central Register of Beneficial Owners in Serbia. The session focused on the new set of obligations that took effect on 1 […]
Read more Global Tax Expertise
Top Rankings in ITR World Tax 2026
We are pleased to announce that our practice Regional Tax team has achieved rankings in the ITR World Tax 2026 guide. Our colleagues from Ketler & Partners, member of Karanovic, Partner Igor Angelovski and Tax Law Expert Maruša Pozvek have once again been recognised as Highly Regarded Practitioners for Slovenia. Ketler & Partners, member of […]
Read more Legal 500 Awards
Karanović & Partners Wins Three Honours at The Legal 500 CEE Awards 2025
Karanović & Partners has been recognised with three major accolades at The Legal 500 Central and Eastern Europe Awards 2025. The ceremony was held in Warsaw on 16 October 2025. Our Employment team was recognised as Employment Law Firm of the Year, reaffirming its leading position in advising clients on complex employment matters. Our Partner […]
Read more Banking & Finance Update
Halkbank Joins SEF’s Rural MSMEs Support Program
We are pleased to have supported the Serbian Entrepreneurship Foundation (SEF) in the implementation of its Rural MSME Support Program in Serbia. As a part of the project, SEF entered into the new financing arrangement with Halkbank ad Beograd. SEF’s support program is aimed at providing timely and needs-based support for eligible rural MSMEs in […]
Read more Expanding Europe’s AI Network
North Macedonia Joins EU AI Network with New Factory Antenna
The European Commission (“Commission”) announced the launch of “AI Factories Antennas” in seven Member States and in partner countries, including North Macedonia and Serbia. The Commission has identified the establishment of AI Factories as a strategic priority, as announced in the 2024 AI Innovation Package. These antennas will work closely with AI Factories to provide […]
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FEG Expands into Montenegro through Lob Acquisition
Fortune Entertainment Group (FEG), the largest Central European betting operator, has expanded its operations into Montenegro through the acquisition of Lob, one of the leading companies in the entertainment and gaming industry in the country. The transaction represents one of the largest foreign direct investments in Montenegro in recent years, reflecting growing investor confidence in […]
Read more Intellectual Property Update
EU Reports Highest Value of Counterfeit Goods Ever: EUR 3.8 Billion in 2024
The European Commission has published its latest report, EU Enforcement of Intellectual Property Rights: Results at the EU Border and in the EU Internal Market. The report shows a total number of 112 million detained counterfeit items worth an estimated EUR 3.8 billion across the European Union last year. The total number of detained items […]
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