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Serbia Navigating Capital Markets

Tuesday, 27 May 2025 by ZS Law
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Vesna Živković Authored an Article on Electronic Signatures, Contracts, and Archiving in Serbia in CEE Legal Comparative Guide

Wednesday, 07 December 2022 by ZS Law

Vesna Živković, Živković Samardžić Associate, wrote an article on Electronic Signatures, Contracts, and Archiving in Serbia in CEE Legal Comparative Guide. 

In the article, Vesna explains that certain contracts, according to the law must be made in writing: surety contracts, contracts for construction, etc. Contracts lacking the prescribed form shall not have a legal effect.

As far as Serbia is concerned, electronic documents have the same probative power as paper documents. Nonetheless, practice regarding the use of electronic documents in court proceedings is scarce.

Electronic documents and electronic signatures in Serbia are regulated by the Law on Electronic Document, Electronic Identification and Trust Services in Electronic Business (“Official Gazette of the RS”, No 94/2017 and 52/21) and a number of subordinate pieces of legislation governing these issues in more detail. Serbian law does recognize different types of electronic signatures, considering the level of security they provide.

Full text of the article is available here.

The CEE Legal Matters Comparative Legal Guide: TMT 2022 looks at the most important regulations relative to online contracting, digital signatures, and digital archiving for the reader to get a high-level, comprehensive picture of the legal landscape of these critical aspects in the region. As our co-editor, Tamas Bereczki of Provaris explains, “The way countries and jurisdictions regulate digital signatures and digital contracting can be a game changer for the digital economy, the supply chain, and international economic cooperation. Bad or lacking regulation can lead to actual economic detriments by keeping the costs of conducting business higher than in jurisdictions with more well-formulated, well-thought regulations.”

CEE Legal Matters is a print and online publication for and about lawyers interested and working in Europe’s emerging legal markets, featuring news, interviews, analysis, opinion, and more with a mission to be the go-to source of information about lawyers and legal markets in Central and Eastern Europe.

Vesna Živković joined Živković Samardžić in 2009, after supervising a Department for Regulatory Issues Control of Reputation Risk in an international bank. She was a research assistant at the Institute for Comparative Law and served as a Vice Chairperson of the UN Commission on International Trade Law (UNCITRAL) from July 2006 to July 2007. Vesna lectures on Commercial Contracts at the Union University Faculty of Law in Belgrade. She specialises in financial services, electronic commerce and intellectual property. Vesna is a Sworn Court Interpreter for English language.

Vesnu Živković
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Personal data protection – stance and opinions of the Commissioner

Wednesday, 17 February 2021 by ZS Law

In organization of Commissioner for Information of Public Importance and Personal Data Protection has been celebrated the Day of Personal Data Protection. This Day was introduced in Serbia 10 years ago. This year it also marks the 40th anniversary of the opening for signature of the Convention for the Protection of Individuals with regard to Automatic Processing of Personal Data. After the entry into force of the new Law on Personal Data Protection, the obligation to harmonize with the provisions of the Law arose. The adopted Law opened numerous questions and doubts in practice, so the Data controllers and Data processors mostly relied on the previous guidelines and opinions of the Commissioner. However, now the publication of the Commissioner publikacija Poverenika broj VI „Zaštita podataka o ličnosti: Stavovi i mišljenja Poverenika“ is presented, which contains the opinions of the Commissioner regarding the most common dilemmas in the application of the Law, such as: when the Law is applied, what is personal data, respect for principles, who are the controllers and who are the processors, who can be data protection officer, the rights of data subjects, data processing of minors, obligations regarding the video surveillance, data transmission, protection of personal data in the labor law, processing of special personal data, etc. In 2020, with the challenges brought by the pandemic, the importance of personal data protection is especially visible, so that the Publication, among other things, contains certain views when it comes to preventing the spread of the infectious disease Covid-19. If you need additional information regarding the protection of personal data, feel free to contact Ana Popović by e-mail ana.popovic@zslaw.rs, Ivan Ljubisavljević by e-mail ivan.ljubisavljevic@zslaw.rs or Milica Cicmil by e-mail milica.cicmil@zslaw.rs


Zaštita podataka o ličnosti – stavovi i mišljenja Poverenika

U organizaciji Poverenika za informacije od javnog značaja i zaštitu podataka o ličnosti je obeležen Dan zaštite podataka o ličnosti, a koji je prvi put obeležen u Srbiji pre 10 godina. Ove godine se proslavlja i 40 godina od kada je otvorena za potpis Konvencija o zaštiti lica u odnosu na automatsku obradu podataka o ličnosti. Nakon stupanja na snagu novog Zakona o zaštiti podataka o ličnosti nastala je obaveza usklađivanja sa odredbama Zakona. Usvojeni Zakon je otvorio brojna pitanja i nedoumice u praksi, tako da su se rukovaoci i obrađivači pretežno oslanjali na ranije smernice i mišljenja Poverenika. Međutim, sada je predstavljena publikacija Poverenika broj VI „Zaštita podataka o ličnosti: Stavovi i mišljenja Poverenika“, koja sadrži mišljenja Poverenika u vezi sa najčešćim dilemama u primeni Zakona, kao što su: kada se Zakon primenjuje, šta  su podaci o ličnosti, poštovanje načela, ko su rukovaoci, a ko obrađivači, ko može biti lice za zaštitu podataka o ličnosti, prava lica na koje se podaci odnose, obrada podataka maloletnih lica, obaveze kod uvođenja video-nadzora, prenos podataka, zaštita podataka o ličnosti u radnom pravu, obrada posebnih podataka o ličnosti itd. U 2020. godini sa izazovima koje je donela pandemija, posebno je vidljiv značaj zaštite podataka o ličnosti, tako da Publikacija, između ostalog,  sadrži određene stavove i kada je u pitanju sprečavanje širenje zarazne bolesti Covid-19. Ukoliko Vam je potrebna dodatna informacija u vezi sa zaštitom podataka o ličnosti, kontaktirajte Anu Popović na mejl  ana.popovic@zslaw.rs, Ivana Ljubisavljevića na mejl ivan.ljubisavljevic@zslaw.rs ili Milicu Cicmil na mejl milica.cicmil@zslaw.rs

Ana PopovićIvan LjubisavljevićMilica Cicmil
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Živković Samardžić contributed to the MSI’s ‘Doing business in Serbia’ guide

Thursday, 28 November 2019 by ZS Law

Conducting business successfully across international borders not only requires detailed knowledge of local laws, tax systems, regulations and customs, but the experience, skills and resources to support business activities on a global scale.

With a successful track record over more than 25 years, MSI Global Alliance is a global association of over 250 independent legal and accounting firms in more than 100 countries. 

Živković Samardžić, as a proud member of MSI, has prepared, together with ZS Tax & Consulting, MSI’s accounting member from Serbia, MSI’s guide on Doing business in Serbia. The guide, available for download at the MSI’s web site, provides current information about the financial, regulatory and legal considerations that could affect business dealings within Serbia. 

Should you need any additional information on the topics discussed in the guide, contact Ksenija Golubović Filipović (ksenija.golubovic@zslaw.rs), Živković Samardžić Partner, or any of your regular contacts at Živković Samardžić.

RegulatoryCorporate and M&AKsenija Golubović Filipović
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