The No-Gos under the AI Act: A Breakdown of Prohibited Practices
After getting familiar with the basic principles of the AI Act, the next most important task to understand is which practices linked to the use of AI are allowed, and which are considered risky leading to them being prohibited. The importance of understanding and properly preventing unallowed practices is particularly emphasized by the fact that […]
Spin-off in Serbia as a Tool for Corporate Growth
In the fast-evolving corporate world, spin-offs have emerged as a powerful tool for companies to unlock value, streamline operations, and achieve growth. A spin-off allows a parent company to separate a part of its business into a new, independent entity, often with the expectation that the new entity will perform better on its own. Under […]
Startup Investment & Term Sheet: A Founder’s Guide
Investing in startups can be a complex process that requires thorough consideration of various approaches and investment structures. In this blog post, we will present four key ways of investing: equity financing, convertible notes, SAFEs, and loan agreements. Each of these approaches comes with unique advantages and challenges, tailored to the needs of both investors […]
Workplace Injury Damages in Serbia – Guide for Employers
Although significant attention is paid to safety and health at work in the Republic of Serbia in the past period, thus, the new Occupational Health and Safety Law has been in effect since May 2023, black statistics on the number of workplace fatalities are not absent. The statistics are no less pessimistic when considering the […]
Startup Registration in Serbia: Legal Guide
Are you dreaming of a startup registration? Are you ready to embrace the exhilarating journey and take the first step to turn your dreams into reality? If the answer to these questions is yes, you are in the right place! Statistically, only 1 out of 10 startups survive. But, reasons for startup failures are different. […]
Labor Law in Serbia – 8 Facts Foreign Investors Should Know
If you have been thinking about company formation in Serbia, one of the matters that you should understand is the legal perspective of employment and some of the essential characteristics of the Labour Law in Serbia. In this blog post, we will provide you with basic guidelines regarding the eight main aspects of labor law in Serbia, which […]
Brand Name Protection and Trademark Registration in Practice
You’ve decided that the trademark registration is the right option for you. You wish to know what the next steps are, or you are unsure on what can be protected, who can be a trademark holder, what does the procedure imply, and what is the amount of the anticipated investment. In this blog post, we […]
Trademark Registration Serbia: International or National?
We previously outlined the reasons why you should protect your intellectual property rights in our blog post IP Theft on the Rise – Have You Protected Your Business’s Intellectual Property Rights? Now that you have decided that trademark registration is a step in the right direction for your company, you may be wondering whether to […]
Law on Personal Data Protection in Serbia: 5 Non-Compliance Risks
You are surely interested to know what consequences your company could face in the light of non-complying with the Law on Personal Data Protection (hereinafter: Law). Who is held responsible for violating the Law, what are the potential penalties, to what extent they may impact the company’s business activities, who controls whether you are collecting […]
The Law on Personal Data Protection – A Few Guidelines On How To Get Compliant
In our previous blog post, Basic Concepts of The Law on Personal Data Protection In Serbia, we explained when the Law applies, what is personal data and what are the principles and legal grounds for personal data processing. In this blog, we will cover the technical measures of personal data protection, the Data Protection Officer, […]