The SELA regional newsletter features an overview of the most important regional legislative developments recently announced in the jurisdictions of SELA coverage. Many of the changes recently implemented impact the regions’ ability to attract foreign investments and related to tax, customs and other investment incentives, illustrating just how strategically important the governing bodies of the region SEE foreign investment.
Main takeaways
Albania
- Fiscal Amnesty Law
- New Law on Concessions and PPPs
- Law on re-evaluation of Immovable Property
- New Competition Secondary Legislation
Bosnia & Herzegovina
- Proposal of the Law on amendments of the Law on electricity of Republic of Srpska
- Proposal of the Law on amendments of the Law on energy of the Republic of Srpska
- Decision on approval of the long-term transmission network development plan for the period 2024–2033
- Collective Agreement for the Textile, Leather, Rubber and Footwear Industry in FBH
- Decision on Mandatory Data Protection Impact Assessments (DPIA)
- Law on Amendments and Supplements to the Corporate Income Tax Law of the Republic of Srpska
- Law on the Protection of the Right to a Fair Trial within a Reasonable Time in FBH
- New Consumer Protection Law of the Republic of Srpska
Bulgaria
- The disputable State Budget
- Entering the Euro Zone
- New rules for control over the concentration
Croatia
- Foreign Direct Investment Screening Act (FDI Act)
- Fiscalization 2.0
- Amendments to the Value Added Tax Act
- Croatia’s New Construction, Planning, and Energy Efficiency Laws
Cyprus
- Cyprus aligns with EU directives to accelerate the development of renewable energy
- New measure for landlords’ protection
- Establishment of a framework for the screening of Foreign Direct Investment (FDI)
Greece
- A new chapter in Labour Law
- Greece activates its Foreign Direct Investment (FDI) screening mechanism
- New residence permit for startup investors
- New amendments to the special tax regime for Greek family offices
Montenegro
- New Rulebook on Information to be included in the General Terms and Conditions of Service
- New Rules on the Structure and Contents of Financial Statements and Other Reports of Alternative Investment Funds
- New Law on Climate Change
North Macedonia
- Rulebook on the Preparation of the Annual Plan for the Construction of Energy Facilities
- Draft Law on Encouraging Individual Investors (Business Angels)
- Law Amending the Law on Concessions and Public–Private Partnership
Romania
- RO e-Invoice and VAT changes
- Package II: Fiscal and budgetary measures
- Sanctions for undeclared work
- Local tax registration for entities with employees
Serbia
- Law on Electronic Exchange of Data on Temporary Incapacity for Work
- Law on Mandatory Social Security Contributions- Amendments
Slovenia
- Amendments to the General Administrative Procedure Act (ZUP-I)
- New Statutory Right to a Winter Allowance and Reform of the Lump – Sum Expenses Tax Regime (ZPZR)