These changes could diminish the value of investors' acquired companies in Serbia.
In 2008, the Serbian Government signed a Stabilization and Association Agreement with the EU, adopting a timeframe for the gradual removal of trade barriers.
Ever since Serbia's Stabilisation and Association Agreement with the EU entered into force in September 2013, Serbian media have paid significant attention to the country's obligations...
Babic & Associates
In 2009 , the Republic of Serbia adopted the Law on Planning and Construction (("Official Gazette of Republic of Serbia", no. 72/2009 and 81/2009) ) inter alia aiming to legalise the privatization procedure of state-owned construction land through the conversion of the right to use the land into an ownership right.
Schoenherr Attorneys at Law
The legal concept of the right of use of constructible land in Serbia came about as a consequence of the nationalisation of constructible land in the 1950s and 1960s.