regulatory compliance

28 Apr 2021

What does the New Act on Archival Material and Archival Activity bring?

In addition to numerous novelties and changes in Serbian legislation, the beginning of this year was also marked by the legal regulation of archiving materials and similar documentation, which attracted significant attention.  The new Archival Material and Archival Activity Act (the “Act“) is not only an important step towards improving the protection of archival material and regulating archival activity, but also towards developing awareness of the importance of preservation of archival material, since that helps “protect” the history of our country. Until recently Serbia did not have a specific act which would comprehensively regulate the issue of archival material and […]

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28 Feb 2018

Mandatory Registration of Invoices to Public Sector Entities Officially Introduced

The rule according to which business entities will have to register invoices1 issued to entities in the public sector is set to enter into force on March 1, 2018. Business entities will be obliged to register the invoices with the Central Registry of Invoices whose management has been entrusted to the Treasury of the Ministry of Finance of the Republic of Serbia, and if they fail to carry out the registration they will not be able to settle their claims and may even be charged with a misdemeanor. This obligation is envisaged in the Amendments to the Late Payments in […]

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