Industry overview
Legal framework
The operations of software companies are governed by copyright and related rights, contract law, employment rules and data protection law, alongside tax incentives for research and development.
Most risk arises in development and licensing contracts, in the chain of intellectual property assignments and in engaging contractors. These points are reviewed in every investment process.
Copyright and related rightsCreation and assignment of rights in software and databases.
Contract lawDevelopment, maintenance, licensing and service agreements.
EmploymentContracts with employees and contractors, rights and confidentiality clauses.
Data protectionApplication of the Serbian act and the GDPR in development and service delivery.
Tax incentivesRelief for research and development and for intellectual property income.
Export of servicesForeign exchange rules and contracting with foreign customers.