The Legal 500

Karanovic & Nikolic

BULEVAR PARTIZANSKI ODREDI NO.14, AURA BUSINESS CENTER, 3RD FLOOR, APT. 5, 1000 SKOPJE, MACEDONIA
Tel:
Work +389 2 322 3870
Fax:
Fax +389 2 322 3871
Email:
Web:
www.karanovic-nikolic.com

Macedonia

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Macedonia

Within Legal market overview, Karanovic & Nikolic is a third tier firm,

Regional firm Karanovic & Nikolic has ‘a dynamic and very responsive team’ in Macedonia, which is ‘co-ordinated well internally and shows good legal and industry knowledge’. The firm advised on the Macedonian aspects of key regional deals, such as acting for Agrokor on its acquisition of retail chain Mercator, and representing Mid Europa Partners on the sale of SBB/Telemach to Kohlberg Kravis Roberts. Locally, clients include Mars, Merck Sharp & Dohme, and Diageo. Senior associate Leonid Ristevfocuses on delivering a good service on time’.

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Legal Developments by:
Karanovic & Nikolic

  • Tax Legislation Overhaul Proposed in the Republic of Srpska

    Significant changes to the tax regulations in the Republic of Srpska (“RS”) are expected in the coming months. On March 6, the National Assembly of RS passed amendments to the Law on Fiscal Cash Registries. In addition, Parliament approved the Government’s proposals on amendments to several important tax laws, including corporate income tax, personal income tax, social security contributions and property tax. Proposed changes to the laws governing accounting and financial audits have also been approved. These changes are intended to clarify and strengthen existing tax rules, widen the tax base and introduce more discipline in the payment of tax, but also to reduce the tax burden for businesses in order to stimulate economic growth.
    - Karanovic & Nikolic

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