Karanovic & Nikolic is the leading full service commercial law firm covering the jurisdictions of Serbia, Bosnia & Herzegovina, Croatia, Macedonia, Montenegro and Slovenia



  • —   Karanović & Nikolić Participates in 2016 Guide to European Employment Law Karanović & Nikolić labour law experts from multiple jurisdictions have taken an active role in the preparation of a new 2016 guide to European employment law. more—
  • —   Ministry of Labour held a Round Table Discussion on the new Law on Secondment Employment law expert, Mirko Kovač, attended a Roundtable discussion on the new Law on Conditions for Secondment of Employees Abroad and their Protection organised by the Ministry of Labour on 13 January 2016. Our office previously analysed this law in more detail and additional information on the novelties it introduces may be found on our website (http://www.karanovic-nikolic.com/2015/11/16/serbia-adopts-law-on-conditions-for-secondment-of-employees-abroad-and-their-protection/). more—
  • —   New Merger Control Regulation Enters Into Force Today The New Merger Control Regulation, governing the content and the manner of submitting merger filings to the Serbian Competition Commission, entered into force today, 2 February 2016. The new Regulation represents a modern legal document, fully aligned with the relevant EU acquis, and will  significantly facilitate the merger filing process to the benefit of the applicants, as well as the overall efficiency of the Competition Commission. more—
  • —   In December 2015, the Republic of Serbia and the Grand Duchy of Luxembourg signed the Agreement on Avoidance of Double Taxation. more—
  • —   First Law on Free Healthcare Zones under Consideration A new Law on Free Healthcare Zones (the “Law”) is currently being considered by the Assembly of the Republic of Macedonia. more—
  • —   The Macedonian Commission for Protection of Competition (“Commission”) recently published new Guidelines on vertical restraints (“Guidelines”). more—
  • — Karanović & Nikolić Updates Terms of Business We would like to inform our clients that we have introduced several minor technical changes to our terms of business. more—
  • —     Serbian Tax Law amended   On 30 December, the Serbian Parliament enacted amendments to the Corporate Income Tax Law, the Personal Income Tax Law, the Law on Social Insurance Contributions, the Law on Value Added Tax and the Law on Tax Procedure and Tax Administration by way of emergency procedure, without prior announcement or public debate.    The most important change introduced by these amendments is the new withholding tax on service income. more—
  • — The Ministry of Energy of the Republic of Serbia passed a new rulebook at the end of the year outlining minimum energy efficiency requirements to be applied in the public procurement of goods.  The Rulebook governing Minimum Energy Efficiency Criteria in the Public Procurement Process for Goods (the “Rulebook”) came into force in early January and applies to the procurement of office equipment, refrigerators and freezers, air conditioners, and internal and external and external lighting in public buildings. more—
  • — Mirna Milanović-Lalić, attorney at law in cooperation with Karanović & Nikolić,  participated in a briefing on the Legal and Tax Implications of the new Labour Law today at the Radon Plaza Hotel in Sarajevo.  The briefing, which was held jointly with PwC and the German Chamber of Commerce in Bosnia & Herzegovina,  addressed the practical experiences of attorneys and tax experts in implementing the new provisions of the law since their enactment in August 2015.  Of particular interest among event attendees were the new provisions of the law allowing company directors to be engaged pursuant to management agreements as opposed to employment contracts.  The briefing raised many questions among employers about the business implications of the new Labour Law which remain unclear. more—
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