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Articles contributed by Joksovic, Stojanovic & Partners
Serbian Labor Environment and Employment Incentives For Foreign Investors
Since the commencement of transition process in Serbia and inflow of foreign investments, labor law has been characterized by the foreign investors as one of the main obstacles for such investments, together with the inefficient state administration, unsettled ownership status of real estate, political instability and related risks of investment etc.
Serbian e-laws update
Two new e-laws have been enacted in Serbia in the recent months and the Law on e-signatures has been revived thanks to an update of the complementary regulations. The rush of legislative activity on this front is in direct corelation with the Serbian government’s desire to become much more cost effective and citizen friendly. Some other important steps in that direction have been the introduction of paperless government sessions, electronic procurement processes and improved electronic birth registers. We will now look at the the three framework electronic laws, namely the Law on e-signatures, the Law on e-commerce and the Law on e-documents which are all based on EU legislation. The fourth e-law, the Law on e-communications which is set to replace the current Law on telecommunications is also on its way.
Cessation of the Right of use of the Construction Land
Recently we talked about what and which kinds of structures have to be constructed in order to transfer the right to the structure under construction. Purchase of a company or simulation of mortgage enforcement enable the desired transaction and/or acquisition of the structure under construction. It is not exactly what the investors like witnessing, but at least it does not prevent them from accomplishing their goal.
Transfer of title to the construction projects
How to transfer the title to a construction project? Why the most simple sale of a construction project causes problems in practice? How shall we, at purchasing a construction project, acquire the rights arising from the building permit or obtain the building permit in our own name? What is the influence of „legal constructions“ on the transaction quality and necessity thereof due to non-existence and/or inconsistency of regulations?