As part of efforts to support economic development, the Ministry of Economy of the Republic of Serbia and the Innovation Fund have issued several public calls targeted at different categories of entrepreneurs. These programs offer opportunities for obtaining non-repayable funds,
The Law on Electronic Invoicing (“Official Gazette of RS”, No. 44/2021, 129/2021, 138/2022 and 92/2023) applies in the field of electronic invoices in transactions between public and/or private sector entities and electronic tax recording on added value (“VAT“). In the
The Government of the Republic of Serbia has adopted the National Anti-Corruption Strategy for the period from 2024 to 2028 (“Strategy”), recognizing the need for a systematic and comprehensive approach to preventing and combating corruption. The first National Anti-Corruption Strategy
According to data on average wages for May 2024, the average wage for May amounted to 138,332 dinars, which is 100,170 dinars net. This represents an increase compared to the average wages for the same month of the previous year,
Recently, the National Alliance for Local Economic Development (NALED) published a report stating that 2,200 applications for land conversion have been submitted, with the economy planning investments worth 88 million euros. This report represents a significant step in improving the
The Government of the Republic of Serbia has announced the new Strategy for the Development of Artificial Intelligence in the Republic of Serbia for the period 2024 – 2030 (the “Strategy“), which focuses on enhancing the economy and society through
The Business Registers Agency of the Republic of Serbia has published the Annual Business Report for 2023, providing a detailed overview of key indicators reflecting the state and trends in the Serbian economy over the past year. Growth of Gross
New data on consumer price indices, which measure changes in the prices of goods and services purchased by households to meet their needs, as well as the inflation rate, have been published. Consumer prices in June 2024 compared to May
The Government of the Republic of Serbia has adopted the Regulation on the Determination of the Program for Encouraging the Development of Entrepreneurship through Financial Support for Business Beginners and Youth in 2024 (hereinafter referred to as the “Regulation“), implemented
The Commission for Protection of Competition has prepared proposals for four Regulations, which, upon the conclusion of the public discussion, will be proposed to the Government of the Republic of Serbia for adoption: Regulation on Categories of Vertical Agreements Exempted
The Government of the Republic of Serbia has adopted the Regulation on the Determination of the Program for Encouraging the Development of Entrepreneurship through Financial Support for Women’s Entrepreneurship and Single Mothers in 2024 (hereinafter referred to as the “Regulation“),
New data on average earnings for April 2024 have been published, showing that the average gross salary for April was 133,356 dinars, with a net amount of 96,614 dinars. This represents an increase compared to the average salaries for the
