Annual Verification of Beneficial Owners: What Needs to Be Done and by When?

The first deadlines for the annual verification of beneficial ownership information recorded in the Central Register of Beneficial Owners maintained by the Serbian Business Registers Agency (“SBRA”) begin to fall due in October 2026. This obligation was introduced by the 2025 Law on the Central Register of Beneficial Owners and applies to all registered entities subject to beneficial ownership registration requirements, including companies, associations, foundations, and other entities covered by the Law. Annual verification is mandatory even if there have been no changes to the beneficial owners or ownership structure. When Is the Annual Verification Deadline? Registered entities are required...

Publication of Retailers’ Price Lists: Who Is Subject to the New Obligation and What Does It Entail?

As of 1 September 2026, new rules governing the publication of retail price lists have entered into force, with the aim of enabling consumers to access and compare price information more easily. The new obligation has been introduced by the Consumer Protection Act, while the Rulebook on the Conditions, Content and Method of Publication of Price Lists (Official Gazette of the Republic of Serbia, No. 76/2026) provides further details regarding the retailers subject to this obligation, the content of price lists, the manner in which they are to be published, and the technical requirements to be met. The new rules...

Silence of the Administration: What Are the Options When the Authority Fails to Decide Within the Deadline?

Every request submitted by a citizen or a business entity to a state authority, whether it concerns the real estate cadaster, the Tax Administration, an inspection authority or local self-government, initiates administrative proceedings in which the authority is required to decide on a right, obligation or interest of the party. The problem arises when such proceedings last longer than prescribed by law, while the party remains without a decision and without a clear answer as to why it has not been issued. This situation has its own name in law – silence of the administration, and for it, the Law...

Return from Maternity Leave: Can an Employer Change the Terms of Employment or Terminate the Employment Agreement?

For an employee, returning to work after pregnancy-related leave, maternity leave, or leave for childcare or special childcare represents a return to the professional environment at a time when, in addition to balancing work and family responsibilities, security and stability of employment are particularly important. On the other hand, during the employee’s absence, an employer may face objective technological, economic, and organizational changes that consequently affect the employee’s employment status and previous working conditions. Answering the question of what happens in such a situation requires balancing the special protection afforded to employees in connection with pregnancy and parental leave, on...

Copyright of Computer Programs: Who Owns the Computer Program and What may a Company do With it?

Who owns the rights to a computer program developed and financed by your company? Does paying a programmer mean that you have become the owner of all rights to the computer program? Can a former employee use code they developed while working for you? What are you allowed to do with a computer program you have purchased? These are just some of the questions that arise in practice when developing, purchasing and using computer programs. For companies operating in the IT sector, as well as companies developing computer programs for their own needs, issues relating to copyright protection of such...

New ICC Arbitration Rules: Key Amendments Compared to the 2021 Rules

The International Chamber of Commerce (ICC) has adopted a new version of the Arbitration Rules, which entered into force on 1 June 2026. The new Rules represent the first significant revision of the ICC Arbitration Rules since the 2021 amendments and introduce a number of changes aimed at enhancing procedural efficiency and flexibility, as well as providing greater clarity in the regulation of certain aspects of international arbitration. Although the new Rules do not alter the fundamental structure of ICC arbitration, certain amendments may have a significant impact on the conduct of proceedings in practice. Among the most significant changes...

Sports Contracts in the Republic of Serbia

Sports contracts in the Republic of Serbia govern a range of legal relationships between athletes, sports organisations, sports professionals, intermediaries, sponsors and other participants in sport. Their legal nature, form and content depend on the status of the parties, the nature of the particular engagement and the applicable rules of the relevant sports federation. Depending on the type of contract, sports contracts are governed not only by the Law on Sports, but also by the Labour Law, the Law on Obligations and the rules of the relevant national and international sports federations. Below is an overview of the main types...

Gun Jumping in M&A Transactions: The Boundaries of Permissible Conduct Before Clearance by the Commission

In sports, gun jumping means a false start, specifically the moment when a competitor starts before the signal marking the beginning of the race. In M&A transactions, the term describes a situation in which the parties begin implementing the transaction before the conditions prescribed by merger control rules have been satisfied. The risk most commonly arises between the signing of an agreement for the sale and purchase of shares or equity interests (signing) and the completion of the transaction (closing). During this period, the buyer has a legitimate interest in preserving the value of the target company and preparing for...

Bad Faith Trademark Filings in Serbia: Does the Mark Belong to Whoever Files First?

Intellectual property practice frequently encounters situations in which a distributor registers a trademark in its own name without the supplier’s consent, someone registers a well-known sign before a foreign brand enters the Serbian market (in order to sell it later or to block market entry, so-called trademark squatting), a former business partner or employee files a trademark application in their own name contrary to what was agreed, or an application covers a broad list of goods with no intention of use, only to block competitors. Does the principle whoever files first, owns the mark apply in such cases, or are...

Rethinking Serbia’s Data Protection Framework: Key Issues in the New Draft Law

Public consultation is currently underway in Serbia on the Draft Law on Personal Data Protection, which is intended to replace the law currently in force since 2018. The public consultation will remain open until 10 September 2026, and as part of the consultation process, a roundtable discussion was also held, at which PR Legal was represented. PR Legal has also submitted written comments and proposals to the Ministry of Justice, focusing in particular on provisions that may raise concerns in practice regarding legal certainty and the relationship between Serbian law and the GDPR framework. Opportunity to Improve the Existing Framework...