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In today’s business environment, where a product’s visual identity often plays a key role in consumer decisions, the protection of industrial design is becoming an increasingly important aspect of intellectual property. Although often overshadowed by patents or trademarks, industrial design is a legal mechanism that allows rights holders to protect the unique appearance of their products, thereby gaining a significant competitive advantage.

Understanding of the terms in their semantic and teleological context is a precondition for the correct application of regulations. The challenge in understanding the terms is even more significant in cases of specific terms in various industries.

The Serbian Ministry of Finance initiated on 1 October the public consultation on (i) Law on the Tax on Greenhouse Gas (GHG) Emissions; and (ii) Law on the Tax on Import of Carbon-Intensive Products (the Laws). The public consultation will last for 20 days, and the Laws are expected to apply as of 1 January 2026. Below is a short overview of the main provisions of these Laws:

Serbia has taken a decisive step toward strengthening corporate transparency and aligning with international standards in the fight against money laundering and terrorist financing. The recently adopted Central Records of Ultimate Beneficial Owners Act (“UBO Act”) has become applicable as of October 1, 2025 introducing a range of new obligations for companies and other registered entities.

As of 1 October 2025, the new Law on the Central Register of Beneficial Owners (“Official Gazette of the RS”, Nos. 19/2025, 51/2025, and 60/2025 – correction; hereinafter: the “New Law”) shall enter into force and introduce significant changes for all registered entities in the Republic of Serbia.

Serbia Knowledge Partner

SOG in cooperation with Kinstellar is a full-service business law firm in Serbia that provides foreign and domestic clients with premium-quality legal advice and assistance across a wide range of key areas of corporate law. The firm was founded in 2015 by a group of seasoned, internationally-trained lawyers. SOG has developed a distinctively dynamic culture, bringing together top talent, fostering entrepreneurship, and maintaining exceptional relationships with its clients.

SOG has achieved consistent growth in the volume of its business, accompanied by an exponential increase in the number of hired associate lawyers and the firm’s network of business contacts. SOG has a robust client base of multinationals, investment and private equity firms, and financial institutions. Clients praise SOG for being commercially minded, very responsive and knowledgeable.

Establishing permanent cooperation with Kinstellar is part of realising SOG's long-term development strategy to be the leading provider of legal services in the Western Balkans market.

Firm's website: https://www.kinstellar.com/

 

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