Business Reforms in Serbia

Positive= Doing Business reform making it easier to do business. Negative= Doing Business reform making it more difficult to do business.

DB2013:

Positive Starting a Business:

Serbia made starting a business easier by eliminating the paid-in minimum capital requirement.


Positive Enforcing Contracts:

Serbia made enforcing contracts easier by introducing a private bailiff system.


Positive Resolving Insolvency:

Serbia strengthened its insolvency process by introducing private bailiffs, reducing the starting prices for the sale of assets, prohibiting appeals, expediting service of process and adopting an electronic registry for injunctions to make public all prohibitions on the disposal or pledge of movable or immovable property.


DB2012:

Positive Registering Property:

Serbia made transferring property quicker by offering an expedited option.


Positive Resolving Insolvency:

Serbia adopted legislation introducing professional requirements for insolvency administrators and regulating their compensation.


DB2011:

Positive Resolving Insolvency:

Serbia passed a new bankruptcy law that introduced out-of-court workouts and a unified reorganization procedure.


DB2010:

Positive Starting a Business:

Serbia eased the business start up process by putting in place a one stop- shop for company registration.


Positive Getting Credit:

Serbia’s new Law on Personal Data Protection guarantees by law that borrowers can inspect their own data, thus improving access to credit information.


DB2009:

Negative Dealing with Construction Permits:

An administrative backlog at the Construction Department of Belgrade Municipality increased the time for obtaining building permit.


Positive Registering Property:

Serbia amended the Tax Property Law to reduce the property transfer tax from 5% to 2.5% of property value. As a result, the cost to transfer a property in Serbia decreased.


Subnational Reforms

See subnational business reforms in South East Europe

Reform Summaries


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