Tax incentives concerning research and development (R&D)

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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

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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 […]

Phonogram registration and realization of rights to compensation for phonogram announcement

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For the phonogram producer to realize their rights through OFPS, it is necessary to register their phonograms, in a manner and following the procedure set by the Organization itself in line with the Handbook, on phonogram registration and resolving disputed and duplicated phonograms. The evidence proving that a certain person is the phonogram producer or […]

“Setting up a law office is an entrepreneurial venture as well”

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On the occasion of the 10th anniversary of T-S Legal Law Firm, we approached Tamara Simić Pajović to share insights into her professional beginnings. “In today’s professional world, individuals who establish their own businesses—entrepreneurs—earn a special kind of appreciation. However, one might often overlook the fact that lawyers are entrepreneurs as well. Establishing a successful […]

Copyrights and related rights/Phonogram producers’ rights

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Copyrights regulate the relationships emerging from the creation of copyright works in the field of art, literature, profession, and science. Considering their content, we differentiate between moral, property and other copyrights. The subject matter is regulated by the Law on Copyrights and Related Rights (“Official Gazette of RS”, no. 104/2009, 99/2011, 119/2012, 29/2016 – decision […]

T-S Legal attorney one of mentors at „Local Self-Government System and the Application of the Good Governance Principle“ e-training

Igor Vila

On the 15 of April, 2024, The Standing Conference of Towns and Municipalities (SCTM), supported by the OSCE Mission to Serbia, organized in Belgrade an introductory presentation of the e-training “Local Self-Government System and the Application of the Good Governance Principle”, with T-S Legal member, attorney Igor Vila, as one of its mentors The electronic […]

Compensation for non-material damage due to injury to reputation and honour

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Injury to reputation and honour has become quite a frequent phenomenon in our society and in everyday life, especially in today’s world of digitalization, social networks, and times when information travels “at the speed of light”. Therefore, the question needs to be asked of what honour is, what reputation is, which ways does injury to […]

Lump-sum taxation of entrepreneurs in the Republic of Serbia

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Taxation of entrepreneurs in the Republic of Serbia is performed in two ways, i.e., either through the system of lump-sum taxation or through the bookkeeping system. This article will briefly investigate the system of lump-sum taxation. Lump-sum taxation is defined by Articles 40 through 42 of the Individual Income Tax Law, and the Decree on […]