Fic rEcommEndationS - Eurobank EFG

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Copyright Notice Copyright © 2011 Foreign Investors Council, Svetogorska 37, 11000 Belgrade, Serbia. All Rights Reserved. Permission to use, copy, and distribute the contents of this document in any medium and without fee, royalty and formal request to the Board of Directors of the Foreign Investors Council is hereby granted, provided that copies are not made or distributed for profit and that the Foreign Investors Council’s copyright is acknowledged and attributed of the source given. The Foreign Investors Council does not warrant, guarantee or make any representation regarding the currency, accuracy, reliability, or any other aspect regarding this document. Under no circumstances shall Foreign Investors Council be liable for any direct, indirect, special, incidental or consequential damages, or for damages of any kind arising out of or in connection with the use of this document under any theory of liability even if we have been advised of the possibility of such damages.
CONTENTS Foreword The FIC Overview Corporate Social Responsibility Manifesto Investment and Business Climate PILLARS OF DEVELOPMENT Introduction Infrastructure Real Estate and Construction Labour LEGAL FRAMEWORK Introduction Company Law Capital Market Trends Judicial Proceedings Insolvency Law Intellectual Property Protection of Competition Consumer Protection and Protection of Users of Financial Services Public Procurement Public-Private Partnership Trade Law Law on General Product Safety E-Commerce Regulations Law on Payment Transactions Customs Quality Infrastructure Foreign Exchange Operations Prevention of Money Laundering and Financing of Terrorism Law on Protection of Personal Data Law on Defence Tax Environmental Regulations SECTOR SPECIFIC Food and Agriculture Tobacco Industry Insurance Sector Private Security Industry Leasing Homecare Products and Cosmetics Industry FIC Members Acknowledgements Impressum 7 8 9 11 15 16 24 31 47 48 54 57 61 65 68 74 76 79 82 85 87 89 91 95 98 102 105 108 110 119 124 135 137 140 143 146 152 159 161 5
Page 1: Proposals Proposals for for improve
Page 6 and 7: 6 top �
Page 8 and 9: FIC OVERVIEW Nine years ago, 14 maj
Page 10 and 11: ing safe and motivating work enviro
Page 12 and 13: Last year was marked by a very slow
Page 16 and 17: INFRASTRUCTURE TRANSPORT WHitE BooK
Page 18 and 19: ENERGY SECTOR WHitE BooK BaLancE Sc
Page 20 and 21: for consumption in 2011 amounts to
Page 22 and 23: was abandoned in May 2011 due to no
Page 24 and 25: REAL ESTATE AND CONSTRUCTION WHitE
Page 26 and 27: leased, but not according to curren
Page 28 and 29: construction The overall provisions
Page 30 and 31: An important field such as real est
Page 32 and 33: The employment regulations should p
Page 34 and 35: The extended application of the GCA
Page 36 and 37: cial life. Persons with disabilitie
Page 38 and 39: The industry-wide collective agreem
Page 40 and 41: Fic rEcommEndationS Because the reg
Page 42 and 43: the Law on Vocational rehabilitatio
Page 44 and 45: ing to the Republic Institute for S
Page 48 and 49: COMPANY LAW WHitE BooK BaLancE Scor
Page 50 and 51: Address for Mail Receipt Unlike the
Page 52 and 53: price that would be paid to a disse
Page 54 and 55:
CAPITAL MARKET TRENDS WHitE BooK Ba
Page 56 and 57:
Investment restrictions for investm
Page 58 and 59:
The Law on Public Notaries governs
Page 60 and 61:
egulations and bylaws in that field
Page 62 and 63:
initiating bankruptcy proceedings,
Page 64 and 65:
arises - in which way would the sec
Page 66 and 67:
pearance of an industrial or handic
Page 68 and 69:
PROTECTION OF COMPETITION COMPETITI
Page 70 and 71:
not be overlooked and the Commissio
Page 72 and 73:
EmaininG iSSUES According to the EU
Page 74 and 75:
CONSUMER PROTECTION AND PROTECTION
Page 76 and 77:
PUBLIC PROCUREMENT WHitE BooK BaLan
Page 78 and 79:
Introduction of the power of the Pu
Page 80 and 81:
able for public discussion during t
Page 82 and 83:
TRADE LAW WHitE BooK BaLancE ScorE
Page 84 and 85:
The Ministry in charge for trade en
Page 86 and 87:
Fic rEcommEndationS Continuous and
Page 88 and 89:
of good practice, especially the la
Page 90 and 91:
of liabilities and/or receivables.
Page 92 and 93:
Russia; Belarus; EU (the Interim Ag
Page 94 and 95:
ation), Authorised Economic Operato
Page 96 and 97:
pliant with the WTO and EU rules an
Page 98 and 99:
FOREIGN EXCHANGE OPERATIONS WHitE B
Page 100 and 101:
The off-setting of the debts and re
Page 102 and 103:
PREVENTION OF MONEY LAUNDERING AND
Page 104 and 105:
Fic rEcommEndationS Adopt the neces
Page 106 and 107:
is to be processed is identified or
Page 108 and 109:
LAW ON DEFENCE cUrrEnt SitUation La
Page 110 and 111:
TAX A. CORPORATE INCOME TAX WHitE B
Page 112 and 113:
By-laws for determining arm’s len
Page 114 and 115:
to Employees in State Bodies. Not o
Page 116 and 117:
The VAT Law should be revised to en
Page 118 and 119:
E. LATEST DEVELOPMENTS IN THE SERBI
Page 120 and 121:
Regarding air protection, a regulat
Page 122 and 123:
Support the foundation of new and d
Page 124 and 125:
FOOD AND AGRICULTURE This chapter p
Page 126 and 127:
protection, which is the prime cons
Page 128 and 129:
4. REGISTRATION PROCESS OF PLANT PR
Page 130 and 131:
5. QUALITY STANDARDS IN MILk AND JU
Page 132 and 133:
Content of the labels (declaration
Page 134 and 135:
food safety, it is important to pro
Page 136 and 137:
The Law on Advertising adopted in 2
Page 138 and 139:
Obligatory priority of social compo
Page 140 and 141:
PRIVATE SECURITY INDUSTRY WHitE Boo
Page 142 and 143:
The GOAL of Law adoption is legisla
Page 144 and 145:
The amendment to the Law on Financi
Page 146 and 147:
HOMECARE PRODUCTS AND COSMETICS IND
Page 148 and 149:
the harmonisation with the EU legis
Page 150:
laws of interest for the chemical a
Page 153 and 154:
DELOITTE d.o.o. Terazije 8 11000 Be
Page 155 and 156:
NAFTNA INDUSTRIJA SRBIJE a.d. NOVI
Page 157 and 158:
VIP MOBILE d.o.o. Omladinskih briga
Page 159 and 160:
� top ACkNOwLEDGEMENTS The White
Page 161:
� top PUBLISHER: Foreign Investor
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