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Application of Business Activities Classification Act

August 2010 - Corporate & Commercial. Legal Developments by Moravcevic Vojnovic Zdravkovic OAD in cooperation .

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From 12 August 2010 the Serbian Business Registers Agency ("Agency") shall commence with implementation of a new business activities classification system for Serbian companies. The new classification system is set out in the Business Activities Classification Act ("Act"), adopted on 16 December 2009. The goal of the Act is to harmonise the classification of companies' activities in Serbia with that of the EU.

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