In a 2020 CEE Legal Matters article, Karanovic & Partners Partner Veton Qoku wrote that “in 2016 the Republic of North Macedonia made changes to its Law on the Control of Narcotic Drugs and Psychotropic Substances, defining the terms ‘hemp,’ ‘hemp seed oil,’ and ‘cannabis/hemp oil’ for the first time as well as regulating the procedure for cultivation and production of hemp.” CEELM spoke with Qoku to check in on the development of this young sector in the country.
White Collar Crime Laws and Regulations in Croatia
Contributed by Ilej & Partners in cooperation with Karanovic & Partners.
ODI and Ketler & Partners Advise on Eta Invest Refinancing
ODI Law has advised Slovenian real estate developer Eta Invest on refinancing its financial debt owed to Elements Capital Management with a new loan obtained from a commercial bank. Ketler & Partners, a member of Karanovic, advised ECM.
The Buzz in Serbia: Interview with Darko Jovanovic of Karanovic & Partners
With the war in Ukraine affecting a number of business sectors, Serbia still manages to have a very vibrant market with a number of important projects being developed primarily in the infrastructure and energy sectors, according to Karanovic & Partners Managing Partner Darko Jovanovic.
The Buzz in Montenegro: Interview with Milena Roncevic Pejovic of Karanovic & Partners
Montenegro’s new economic plan, together with tax and insurance-related reforms, aligns with the country’s aspiration to become an attractive destination for foreign investors and digital nomads, according to Milena Roncevic Pejovic, Attorney at Law in cooperation with Karanovic & Partners.
Ketler & Partners: Advice to Ukrainians in Slovenia
This review was prepared for Ukrainian refugees by the law firm Ketler & Partners, a member of Karanovic, upon request and in coordination with the international legal network Multilaw and Ukrainian law firm Arzinger. The review is as of March 11, 2022. The review is not a legal advice and is for informational purposes only. For updates, please follow www.multilaw.com and/or www.arzinger.ua
Karanovic & Partners: Advice to Ukrainians in Montenegro
This review was prepared for Ukrainian refugees by the law firm Karanovic & Partners upon request and in coordination with the international legal network Multilaw and Ukrainian law firm Arzinger. The review is as of March 11, 2022. The review is not a legal advice and is for informational purposes only. For updates, please follow www.multilaw.com and/or www.arzinger.ua
Ilej & Partners: Advice to Ukrainians in Croatia
This review was prepared for Ukrainian refugees by the law firm Ilej & Partners in cooperation with Karanovic & Partners upon request and in coordination with the international legal network Multilaw and Ukrainian law firm Arzinger. The review is as of March 11, 2022. The review is not a legal advice and is for informational purposes only. For updates, please follow www.multilaw.com and/or www.arzinger.ua
Darko Jovanovic Becomes Managing Partner of Karanovic & Partners
Karanovic & Partners has announced the appointment of Senior Partner Darko Jovanovic as the new Managing Partner of the firm.
Karanovic & Partners Announces Cooperation with CR Partners
Karanovic & Partners has announced it entered into a full cooperation with CR Partners to enter Albania.
All Roads Lead to the EU: Serbia - Implementation Issues and Practical Problems
While public perception in Serbia on joining the EU has generally been positive, according to Karanovic & Partners Senior Partner Dragan Karanovic, “recent research suggests that the overall enthusiasm of the public has taken a slight decrease, establishing a polarized, almost fifty-fifty view towards EU accession.”
2021 Amendments to the Company Law
On 19 November 2021 the Parliament of the Republic of Serbia enacted amendments to the Company Law. The amendments are applicable as of 27 November 2021, except for certain clauses for which a deferred implementation is provided. This is the seventh time the Company Law undergoes changes since it was enacted ten years ago.
New Capital Market Framework in Serbia
The end of 2021 has marked adoption of the new Law on Capital Market (the “Law”) in Serbia, which was published on 28 December 2021. The Law was adopted in line with the recently enacted Strategy for Development of the Capital Market for the period 2021-2026 and within a wider process of accession of Serbia to the EU.
Bojana Miljanovic Hussey Makes Partner at Karanovic & Partners
Karanovic & Partners has appointed Bojana Miljanovic Hussey as Partner.
Another Amendment to the Company Law
On 19 November 2021 the Parliament of the Republic of Serbia enacted yet another amendment to the Company Law. This is the seventh change of this piece of legislation in its 10 year long legal life. We focus here on the two which may have far-reaching consequences to the landscape of limited liability companies (LLC) in Serbia.
Enforcement of and Against Intellectual Property Rights
Serbia has a long-standing tradition in the protection of intellectual property rights. The Kingdom of Serbia was even one of the first 11 signatories of the Paris Convention in 1883.
Ana Lukovic Makes Partner at Karanovic & Partners
Karanovic & Partners Head of Real Estate Ana Lukovic has been appointed as a Partner with the firm.
Personal Income Tax Incentives and Capital Gains Tax Exemptions Proposed
The Government of the Republic of Serbia has recently proposed amendments to the tax laws, including amendments to the Law on Personal Income Tax (‘PIT Law’), Law on Mandatory Social Contributions (‘SSC Law’) and the Law on Corporate Income Tax (‘CIT Law’).