Accounting

Get Doing Business with Serbia (Global Market Briefings) PDF

By Marat Terterov

ISBN-10: 1905050143

ISBN-13: 9781905050147

ISBN-10: 1905050682

ISBN-13: 9781905050680

This moment variation of Doing company with Serbia is the definitive English language consultant to funding strength, advertisement chance and company perform in Serbia. The advisor presents an goal and well timed evaluation of present economy, funding possibilities, and an perception into the foundations of commercial engagement in Serbia's bright and fast-paced economic climate. additionally, the advisor will comprise certain profiles of sectors and person companies.

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Extra info for Doing Business with Serbia (Global Market Briefings)

Sample text

The relations of Serbia with Western countries were largely influenced by the positions that various governments and politicians took towards the International Criminal Tribunal for the Former Yugoslavia (ICTY) in The Hague. In June 2001, the government of Zoran Djindjic extradited Slobodan Milosevic to ICTY. However, ICTY demanded, persistently, that all those indicted for war crimes had to be extradited, and accused successive governments of reluctance to extradite all suspects, especially the Bosnian Serb, General Ratko Mladic, who has been indicted for genocide against Bosniaks in Srebrenica in 1995 and for other atrocities.

Another problem that the Serbian government has faced is the question of the final status of Kosovo and the enthusiastic support of all ethnic Albanian politicians in Kosovo for Kosovo’s independence, not later than 2006. Throughout 2005, the Serbian government has insisted on a fluid formula known as ‘more than autonomy, less than independence’. It has been agreed that the negotiations for the new status of Kosovo will take place in 2006. In the economic arena, new Finance Minister, Mladjan Dinkic, has introduced very important and successful reforms of taxes, introducing VAT and new cashiers with GPRS mobile technology, enabling the Tax Agency to monitor online all transactions and designed to prevent tax evasion and reduce the grey economy.

During the past four years of democratic government, macroeconomic stability was achieved, trade flows were liberalized and the processes of harmonizing legislation and business standards with the EU were initiated. Deregulation and the removal of administrative barriers also began, including, specifically, the shortening of the procedure for granting a building permit and acceleration of the enterprise registration procedure so as to simplify the initial steps in the enterprise formation procedure as much as possible, thus attracting new investments.

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Doing Business with Serbia (Global Market Briefings) by Marat Terterov


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