The Government of the Republic of Serbia adopted a new Regulation on determining the criteria for awarding incentives to attract direct investments. The regulation was published in the “Official Gazette of the Republic of Serbia” no. 1/2019 and 39/2023 and applies from May 20th 2023. It is very important that from the mentioned date all potential investors in the Republic of Serbia are informed that in terms of criteria, conditions and methods of attracting direct investments, keeping records of approved incentives, as well as other issues of importance for attracting direct investments, new, partially amended legal framework regulated in detail by the aforementioned Regulation, will be applied.
Important information for all investors who, by the date of entry into force of this regulation, have started the procedure for the allocation of incentives for the purpose of attracting direct investments is that all initiated procedures will be completed in accordance with the rules and regulations of the Regulation on determining the criteria for the allocation of incentives for the purpose of attracting direct investments (“Official Gazette of RS”, number 1/19).