Personal Data Protection For Serbian Entrepreneurs

Serbia does not currently have any separate regulations in place in respect of protection of "personal data" pertaining to legal entities. It does regulate the protection of natural persons' data, however, without any particular mention of entrepreneurs. Although it is clear that the Data Protection Act does not apply to company data, the issue is more complex when it comes to entrepreneurs, as they are in essence natural persons performing business activities.

Introduction

Unlike in some European jurisdictions, privacy of legal entities in the Republic of Serbia is not regulated by any separate legislation, except for the aspect of data secrecy in some specific sectors of business such as banking, and protection of information which could be qualified as a business secret. In principle a business secret is commercial information which if disposed of by third parties could bring them an economic benefit. Clearly this does not refer to some usual corporate