The only way to run a profitable, successful and long-lasting business is the compliant way
The only way to run a profitable and long-lasting business is the compliant way. We help our clients understand what the relevant legal requirements are and how to design the business and internal structures and processes in order to comply with all the relevant requirements in the most efficient way. We have extensive experience in providing services throughout all stages of the compliance process.
Our services include:
The new Serbian Law on the Central Register of Ultimate Beneficial Owners ("Law") will apply from 1 October 2025. The Law aims to improve business transparency, improve coherence with recent amendments to the Serbian AML regulations and further align the Serbian legal framework with the relevant EU standards.
In the last four months of 2022, the Serbian Commission for Protection of Competition ("CPC") initiated five investigations for suspected competition infringements. The beginning of 2023 shows that the CPC's intensive work on detecting competition infringements is not of a passing nature, but is here to stay – the CPC started the year off with yet another investigation for suspected resale price maintenance (RPM) against a heating products company Vaillant.
During the first half of 2022 The Commission for Protection of Competition of the Republic of Serbia ("Commission") has been very proactive with respect to prevention of competition infringements. As a result of these efforts, in May the Commission also adopted a new Instruction for detecting bid rigging in public procurement procedures ("Instruction") thereby updating the older version of the Instruction from 2011.