Gecić Law is proud to announce its contribution to the 2025 edition of the Chambers Global Practice Guides, authoring the Serbia chapter of the Corporate Governance: Trends & Developments section.
This insightful contribution was authored by Vera Davidović, Counsel at Gecić Law, along with Associates Dušan Jablan, Marko Jović, and Uroš Rajić. All in all, they provide a comprehensive and practical overview of the latest shifts in Serbia’s corporate governance landscape. They also offer essential guidance for domestic and international stakeholders navigating the country’s evolving regulatory environment.
The article presents a detailed analysis of key regulatory reforms shaping Serbian corporate governance in 2025. These include:
The implementation of the Act on Management of Companies Owned by the Republic of Serbia. The government designed the reform to modernize state-owned enterprises through corporatization and centralized oversight.
Amendments to the Company Act introduce new rules for cross-border corporate transformations, aligning Serbian legislation with EU Directives. These changes also enable the use of European corporate forms such as the Societas Europaea (SE) and European Economic Interest Groupings (EEIGs).
Regulators are strengthening digital corporate processes by enforcing mandatory e-registration of businesses. Preparations are also underway for integration with the EU’s Business Registers Interconnection System (BRIS).
ESG governance is expanding, driven by the EU’s Corporate Sustainability Reporting Directive (CSRD). Authorities are introducing new sustainability-linked compliance frameworks for businesses operating within or connected to EU markets.
As Serbia accelerates its EU accession journey, the corporate governance framework is evolving to meet European standards. The guide outlines how this process fosters transparency, sustainability, and investor confidence. It also highlights challenges—particularly for SMEs. They must scale up compliance, adopt modern governance tools, and align with new digital and ESG mandates to stay competitive.
The article finally concludes with a forward-looking perspective. Serbia is transitioning from traditional corporate governance structures to more advanced, globally harmonized systems. The result is a business environment that is more predictable, transparent, and conducive to both domestic growth and cross-border investment.
“We are honored to contribute to the Chambers Global Guide’s 2025 Corporate Governance edition,” said Vera Davidović, Counsel at Gecić Law. “This contribution indeed reflects our firm’s ongoing commitment to supporting clients in navigating Serbia’s regulatory transformation and embracing modern governance principles.”
Gecić Law’s continued involvement in thought leadership across international legal platforms evidently underlines our role as a regional leader in legal innovation and policy insight.
Access the full PDF version of the Serbia Trends & Developments article on the Chambers Global Practice Guides here.
