COVID-19 Serbia Update
Extended Deadline for Tax Exemptions Application for Newly Engaged Employees
The Government of the Republic of Serbia issued the decree on the extension of the deadline for local companies that employ new individuals on 24 April 2020, in order to prolong their possibility to apply for tax exemptions introduced at the end of last year. Originally, local companies that decided to enter into employment agreements […]
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COVID-19 North Macedonia Update
E-Signature in North Macedonia
This article provides a general legal overview of the applicable laws and use cases pertaining to electronic signatures in North Macedonia. Legal framework In the Republic of North Macedonia, electronic signatures are regulated by the Law on Data in Electronic Form and Electronic Signature (Macedonian Закон за податоците во електронски облик и електронски потпис; “Current […]
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E-Signature in Serbia
This article provides a general legal overview of the applicable laws and use cases pertaining to electronic signatures in Serbia. Legal framework In the Republic of Serbia, electronic signatures are regulated by the Law on Electronic Document, Electronic Identification and Trust Services in Electronic Business (Serbian Zakon o elektronskom dokumentu, elektronskoj identifikaciji i uslugama od […]
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E-Signature in Croatia
This article provides a general legal overview of the applicable laws and use cases pertaining to electronic signatures in Croatia. Legal framework In the Republic of Croatia, electronic signatures are regulated by the Regulation (EU) No 910/2014 on electronic identification and trust services for electronic transactions in the internal market (“eIDAS Regulation”), together with the […]
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E-Signature in Slovenia
The health situation and restrictive measures worldwide have (somehow unexpectedly) required businesses in most industries to adapt and operate in a remote work environment. This abrupt change in a day-to-day business has heightened the importance and advantage of using electronic signatures, in contrast to traditional wet ink signatures. This is the first in a series of […]
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Karanovic & Partners Holds a Webinar on the Measures to Support the Serbian Economy during the COVID-19 Outbreak
Karanovic & Partners held a live webinar for the first time on 22 April 2020 on the topic of the measures introduced by the Serbian Government in order to curb the impact of the COVID-19 outbreak on the economy. The webinar was visited by a large number of people, who had the opportunity to hear […]
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New COVID-19 State Guarantee Scheme for EUR 2 Billion Loans
Last Updated on 19 April 2020, 10:00 CET As part of a package of economic measures worth EUR 5.1 billion, the Serbian Government adopted a decree on 16 April 2020 establishing a guarantee scheme for loans to be provided by local banks to businesses to reduce the effects of the COVID-19 pandemic (the “COVID-19 Guarantee […]
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The Impact of COVID-19 Outbreak on Merger Control Matters in Western Balkans
Last Updated on 17 April 2020, 15:00 CET The COVID-19 pandemic has been heavily affecting economies and countries across the globe. In such circumstances, ensuring the undisturbed work of the competition authorities is difficult, but important in order to soften the impact of the pandemic on businesses and market competition. Changes in behaviour have been […]
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Overview of Force Majeure Rules in the SEE Region in Times of COVID-19 Outbreak
Karanović & Partners is pleased to present an overview of the force majeure rules in six countries of the SEE region. The pandemic, and consequently the numerous restrictive measures imposed by the governments caused significant distortions to businesses and their ability to perform the contractual obligations. Among a number of other implications, the situation has […]
Read more Coca-Cola HBC Slovenia Commended
Slovenia and Coca-Cola: Better Safe than Sorry
The Slovenian Competition Protection Agency recently publicly commended Coca-Cola Hellenic Bottling Company Slovenia for voluntarily implementing improvements to its business practices in the local HoReCa sector. The improvements were the result of a constructive dialogue, that lasted more than a year, between the Agency and Coca-Cola. The new practices were implemented voluntarily by Coca-Cola, without […]
Read more Legal 500 Rankings for 2020 Announced
Karanovic & Partners Among Top Ranked Law Firms in 2020
Karanovic & Partners is proud to announce that we have once again been recognized as a leading law firm in the 2020 Legal 500 rankings. Apart from upholding our top-tier ranking in 10 practice areas in 5 jurisdictions, numerous individuals have received individual acclaim from the prestigious UK-based legal directory. Senior Partners Dragan Karanović, Darko […]
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Public Procurement During the COVID-19 Pandemic in Slovenia
Last Updated on 15 April 2020, 13:00 CET Regardless of the pandemic, public procurement procedures are still being conducted. The standstill concerning court and administrative deadlines does not apply to public procurement procedures. The contracting authorities nevertheless have the possibility to postpone a public procurement procedure, but they are not obliged to do so. The […]
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Debt Securities – Serbia Changes Rules for the Issuance of Debt Securities
Last Updated on 14 April 2020 13:30 CET The Government of Serbia adopted the Regulation on the Procedure for Issuance of Debt Securities (“Regulation”) as one of the economic measures presented to reduce the negative effects caused by the COVID-19 pandemic and an attempt to support the economy of Serbia. The Regulation entered into the […]
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State Aid: Serbian Government Issues Regulations for Mitigation of COVID 19 Outbreak
Following the announcement of economic measures aimed towards responding to the COVID-19 outbreak, the Serbian Government issued two regulations on 10 April 2020 that determine the conditions and criteria for compliance of the state aid (i) for remedying the negative effects caused by COVID-19 and (ii) for remedying a serious disturbance in the economy caused […]
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Serbia Adopts Tax and Financial Regulation to Help the Economy During the COVID-19 Outbreak
Last Updated 12 April 2020, 17:00 CET The Government of Serbia adopted the Regulation on Fiscal Benefits and Direct Aid to Private Sector Entities and Financial Aid to Citizens to Mitigate the Economic Impact of COVID-19 (“Regulation”) on 10 April 2020, ten days after the announcement of the proposal of the Program of economic measures […]
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E-commerce in times of COVID-19: Good business opportunity or expensive administrative nightmare?
Last Updated on 10 April 2020 18:00 CET With the impact of COVID-19 increasing and more restrictive anti-COVID-19 measures being introduced, recent research shows that online grocery and healthcare purchases have grown for more than 20%, with an expectation for online sales to surge an additional 20% in the near future. Following the limitations on […]
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Draft Law on Mitigating the Negative Economic Consequences presented in Bosnia and Herzegovina
Last Updated on 10 April 2020, 9:00 CET Following the outbreak of COVID-19, authorities at all levels in the Federation of Bosnia and Herzegovina (“FBH”) and in the Republic of Srpska (“RS”) have imposed a broad spectrum of measures from quarantines to restricted travel and outdoor activities. Both governments in FBH and RS are currently considering measures to […]
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Slovenian National Assembly adopts the new “Anti-Corona” act
Last Updated on 7 April 2020 16:00 CET On 2 April 2020, the National Assembly of Slovenia adopted new COVID-19 intervention measures by passing the “Anti-Corona” act[1], which supplements and partially revokes intervention measures already in force. Intervention measures refer also to certain changes in the field of taxation and social security contribution payments in […]
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COVID-19 Shadows Over the Banking and Finance Sector in North Macedonia
The Government and the National Bank of the Republic of North Macedonia (“National Bank”) introduced several amendments dispersed through the existing regulatory framework in order to facilitate the country’s attempt to support the liquidity during the COVID-19 outbreak. Most recently, the Government has instituted solutions affecting financing companies and finance leasing providers (“Financial Institutions”) as […]
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Effects of COVID-19 to Court Proceedings in North Macedonia
Last Updated on 6 April 2020, 15:00 CET Access to court Following the declaration of the state of emergency and the adopted preventive measures by the Government of North Macedonia, the courts limited their work only to urgent cases and with significant physical restriction to court premises. Accordingly, most of the hearings are being postponed. […]
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