Who is Obliged to Prepare a Corporate Governance Report?

In practice, a common question and point of confusion is who is required to prepare a corporate governance report - whether it applies to all large legal entities or only to those with the status of a public interest entity. Under the legal framework of the Republic of Serbia, the status of a public interest entity is clearly defined by the Law on Accounting and the Law on Audit. According to the Law on Accounting, a public interest entity is one classified as such under the law governing the audit of financial statements. The Law on Audit further specifies that...

What Benefits Does the Comprehensive Economic Partnership Agreement Between the Republic of Serbia and the United Arab Emirates Offer

The Comprehensive Economic Partnership Agreement between the Government of the Republic of Serbia and the Government of the United Arab Emirates (“Agreement”) was concluded on 5 October 2024 and was promulgated by the Decree on the Promulgation of the Law on the Ratification of the Agreement on 18 March 2025. The main objectives of the Agreement are the establishment of a free trade area and facilitation of trade by promoting efficient and transparent customs procedures that reduce costs and ensure predictability for their importers and exporters. The most important benefits of the Agreement are presented below, organised by thematic areas....

How long does trademark protection last in Serbia and how can it be extended?

Trademark protection represents a key legal instrument for preserving the distinctiveness and value of a brand’s identity in the market. Proper understanding of the duration and renewal procedure of trademark protection in Serbia enables right holders to safeguard their rights in a timely and efficient manner. Duration of Trademark Protection in Serbia In the Republic of Serbia, trademark protection lasts for ten years from the date of filing the application with the Intellectual Property Office of the Republic of Serbia (“IPO”). The protection period begins on the date the application is submitted, not from the date the trademark is formally...

From Visual Impression to Legal Protection: Registration of a Color or Color Combination as a Trademark

Pursuant to the provisions of the Serbian  Law on Trademarks of the Republic, a trademark is defined as a right that protects mark used in the channels of commerce for distinguishing goods and/or services of one natural or legal person from the same or similar goods and/or services of another natural or legal person. As such, a trademark constitutes an exclusive right that allows its holder to prevent third parties from using an identical or similar mark for identical or similar goods or services in commerce. However, in practical terms, a trademark is more than just a right regulated by...

Free Public Transportation in Belgrade: Tax Treatment of Employee Commuting Expenses

In our previous article, we addressed a topic that was relevant at the beginning of the year – the labor law and tax aspects of reimbursing employees for commuting expenses. The introduction of free public transportation in Belgrade as of January 1, 2025, has raised numerous questions among employers regarding their obligations to reimburse commuting expenses. The most common concerns were: Is it still necessary to reimburse commuting expenses to employees who use free public transportation? Are employers required to reimburse employees who commute by taxi, personal vehicle, or other means, even though free public transport is available? In this...

PR Legal Partners at the Legalink General Meeting in Athens

Partners from our firm - Milan Petrović, Ivana Ružičić and Ivan Todorović, had the pleasure of attending the regular General Meeting of the Legalink international legal network, held from May 29 to May 31 in Athens, Greece. The meeting brought together representatives of law firms from around the world, providing an opportunity to exchange experiences, discuss current legal topics, and strengthen mutual cooperation. “Participating in the Legalink meeting was extremely valuable and insightful – we exchanged ideas with colleagues from various jurisdictions, discussed new legal challenges – especially regarding the application of AI in the legal profession, and further reinforced...

Individual, Collective and Certification Trademarks – What’s the Difference?

Trademark protection represents one of the most important aspects of legal protection of business operations and brand identity in the Serbian market. By properly selecting and registering the appropriate type of trademark, rights holders ensure a competitive advantage, brand recognition, and consumer trust. In this article, we provide an overview of the basic types of trademarks under the current Law on Trademarks (Official Gazette of the RS No. 6/2020), with a special focus on practical aspects of their application. Individual Trademark The individual trademark is the most common form of trademark in practice. Its primary function is to distinguish the...

Preparing for a Data Protection Inspection Supervision – Step-by-Step Guide for Companies

In today’s business environment, compliance with personal data protection regulations has become an essential part of risk and reputation management. Following the alignment of Serbian legislation with the European standards set out in the General Data Protection Regulation (“GDPR”), companies in Serbia are increasingly subject to inspection supervisions carried out by the Commissioner for Information of Public Importance and Personal Data Protection (“Commissioner”). Inspection supervisions are becoming more frequent, along with the growing need for companies to demonstrate compliance - not only formally, but also through consistent application of data protection rules in day-to-day operations. Legal Framework: What Does the...

Employee’s Right to Access Personal Data After Termination of Employment

The data subject has the right to access the data processed by the controller about them, a right guaranteed by both the EU General Data Protection Regulation (“GDPR”) of April 14, 2016, which came into force on May 25, 2018, and the Law on Personal Data Protection of the Republic of Serbia. This right is undisputed during the course of the business or other relationship between the data subject and the controller. But what happens when that relationship ends—can the individual still exercise that right afterward? This question was recently considered by the Italian Data Protection Authority (“Garante”). Case Background...

Protection of Athletes’ Rights Before the Court of Arbitration for Sport

The Court of Arbitration for Sport (“CAS”) was established in 1984 with the aim of facilitating the resolution of sports-related disputes through arbitration or mediation, in accordance with procedures tailored to the specific needs of the sports world. The CAS head office is in Lausanne, Switzerland. In addition to athletes, CAS can be approached by clubs, sports federations, sporting event organizers, sponsors, broadcasters, and other interested parties in the sports industry. Types of disputes resolved may be: commercial in nature (e.g., disputes related to sponsorship agreements, player transfers, financial obligations), or disciplinary in nature (e.g., doping cases). Conditions for Submitting...