Law Office Vujic - Belgrade

ANNOUNCEMENT OF CHANGE OF ADDRESS

We are proud to announce that Vujic Law Office has been moved to new office. Please note that our new address and telephone number will be as follows

VUJIC LAW OFFICE,
16A Resavska St., apartment no. 2,
11000 Belgrade,
Republic of Serbia,
tel/fax: + 381 11 32 39 983,
Should you have any question, please do not hesitate do contact us.

Employment of persons with disabilities

The Law on professional rehabilitation and employment of persons with disabilities came into effect on May 23rd 2009, with the basic aim to facilitate achievement of the right to work for persons with disabilities. The Law includes a range of incentives and subventions for employers which behave socially responsible. However, a severe punitive policy was promoted for those who do not abide by the stipulations of the law. Even though the law was enacted on May 23rd 2009, employers were given a period of one year to prepare for putting it into effect, thus the provisions of the law on compulsory employment of persons with disabilities came into effect on May 23rd 2010. Every employer who employs between 21 and 50 workers is obliged to have at least one person with disabilities among the employees, and one per every new started 50. Important information for all newly founded companies is that they are exempt from this obligation in the first 24 months from the day of founding.

 

Agreement on avoiding double taxation with Austria

On May 15, 2010, Republic of Serbia and Republic of Austria entered into the Agreement on avoiding double taxation. The agreement was signed in order to avoid double salary and property taxation of residents of Republic of Serbia and residents of Republic of Austria. Parties intend to make the transfer of capital from one country to the other easier, to arrange collaboration between tax authorities in order to encourage bilateral commerce and economic cooperation. The Agreement is a legal precondition for significant investing of Austrian companies in Serbian industry, their participation in the process of privatization and an intensified presence on the domestic market. Prepartions for acceptance and enactment of the Agreement are under way. If the Agreement is accepted by the end of 2011, it will come into effect from January 1st 2011.

 

Book of rules of the registry of auditing companies

The Ministry of Finance of the Republic of Serbia, pursuant to the Law on accounting and auditing, has adopted a Book of rules of the registry of auditing companies, which came info force on April 29, 2009. The registry is a unique data base which contains all relevant information on auditing companies. It is maintained by the Ministry of Finance of the Republic of Serbia, and a series of steps is necessary for registration. First of all, the company must be registered in the record of the members of the chamber of the authorized auditors. With the chamber registration, an application for the licence issuance is filed to the Ministry. After the audit licence has been issued, a request for registration in the abovementioned registry is submitted, by completing a form which is a constituent part of the Book of rules. Companies registered in accordance with the previous book of rules are under obligation to submit a completed form with the necessary additions to the Ministry of Finance within the time period of 90 days from the day of the enactment of the aforementioned book of rules