The Foreign Trade Act specifies that a foreign legal entity can perform business-related activities in the Republic of Serbia as forms of foreign trade operations through direct investments and capital projects of a foreign person in Serbia, i.e. of a domestic person in another state or customs territory. Direct investment

Factoring – definition, main purpose, and types   Factoring can be defined as a legal undertaking, i.e., a financial service for the purchase of an existing non-mature claim or a future short-term monetary claim, the basis of which is the contract for the sale of goods or services, whether domestically

The protection of competition on the Serbian market is governed by the Competition Act (‘Official Gazette of the Republic of Serbia’ No. 51/2009 and 95/2013), emphasizing as its primary objective the overall economic progress, the well-being of society as a whole and consumers within its territorial application on the territory

The novel Serbian Digital Property Act, enacted in the end of 2020, mentions smart contracts only in few places. Article 2 paragraph 39 defines smart contracts as computer programs or protocols, based on the technology of a distributed database or similar technologies, which, in whole or in part, is able

Back in 1950, Alan Turing proposed the question of can machines be equipped with a form of intelligence, and contemporary technological developments have provided an answer to that question. Artificial Intelligence (AI) has revealed its true potential due to improvements of computing power and big data. AI has been associated

In 2021, the European Commission adopted a proposal for a regulation laying down harmonised rules on artificial intelligence (‘AI Act’). The proposal has been described as the first-ever legal framework on artificial intelligence along with a coordinated plan that shall guarantee fundamental rights and safety while enhancing AI innovation and