Amendments to the Law on Enforcement and Security – Balancing the Rights of Creditors and Debtors
At its session held on September 4, 2025, the Government of the Republic of Serbia adopted the Draft Amendments to the Law on Enforcement and Security. The purpose of these changes is to improve legal certainty, increase predictability and efficiency of enforcement proceedings, while also establishing a fairer balance between creditors and debtors. Protection of […]
Can digital assets be subject to enforcement in enforcement proceedings in Serbia?
Izazovi izvršenja na digitalnoj imovini The Law on Digital Assets, as one of the pioneers in regulating the domain of digital asset rights, appropriately applies the provisions of the Enforcement and Security Act regarding the procedure of forced satisfaction of claims by execution creditors. Just as substantive regulation of the rights to digital assets has […]
Submission of electronic applications – electronic registration of company in the Business Registers Agency – what you need to know before submitting the application
Since the Business Registers Agency (APR) was established in year 2004, Serbia has travelled far on the path of digitalization and modernization of the business environment. Thanks to digital solutions, practically any business in today’s day and age can perform key administrative procedures from home or office, without waiting in lines and without tons of […]
Elimination of irregularities in enforcement proceedings – how the law protects the right to fair enforcement
Enforcement frequently sounds like a mere legal formality, document after document, decision after decision. But there are real human stories behind every one of those documents, debtors fighting to keep roofs over their heads, creditors seeking justice, lawyers balancing between reality and the law. It is not uncommon for mistakes to sneak up throughout the […]
Can artificial intelligence be the author of a film work?
Artificial intelligence has experienced significant developments in the past decade, thanks to the massive amount of available data, improved computer performance, and the development of new architecture based on deep learning. In contrast to a classic computer program which represents a simple tool for work in the hands of a person and older artificial intelligence […]
T-S Legal in association with GRATA International
We are pleased to announce that T-S Legal has started cooperation with GRATA International. GRATA International is a dynamically developing international law firm with highly qualified team of professionals providing services in all areas of law through a network of offices in 24 countries worldwide. By joining forces with GRATA International, we aim to expand […]
Protection of creditors in bankruptcy proceedings: Key rights and strategies
Bankruptcy represents a legal concept whose purpose is the collective settlement of creditors in the most favourable way, through achieving the greatest possible value of the bankruptcy debtor’s property. It is enforced before the court having the jurisdiction over the company seat of the bankruptcy debtor and is initiated once the company can no-longer settle […]
T-S Legal ranked in the prestigious legal directory IFLR1000 for a second year running
T-S Legal was recognized once again as one of the leading law offices for financial and corporate law in Serbia in the 2024 issue of IFLR1000. IFLR1000, a prestigious legal directory, which annually ranks the leading law offices in the country and around the world, based on the opinions from clients and proven business success […]
Tax incentives concerning research and development (R&D)
In 2018 the Republic of Serbia adopted the Law on the Amendment of the Corporate Income Tax Law („Official Gazette of RS“, no. 95/2018), thereby introducing tax incentives for taxpayers in the field of research and development, that is incentives in the form of increased deductions for research and development expenses, which includes the recognition […]
Liquidated damages and creditors’ rights
Liquidated damages represent one of the classical institutes of the law of obligations as a security in contractual discipline and aim to provide protection and safety for the creditor, in the sense of securing that the debtor fulfils their contractual obligation. The liquidated damages force the debtor to adhere to that which was agreed, since […]
