NEW COMMERCE LAW AND AMENDMENTS TO THE E-COMMERCE LAW
The National Assembly of the Republik of Serbia adopted on 22 July 2019 two closely related laws, the Commerce Law („Official Gazette of the Republic of Serbia” No. 52/2019) and the Law on Amendments to the E-Commerce Law („Official Gazette of the Republic of Serbia” “, No. 52/2019). The Commerce Law will enter into force on 30 July 2019, with the exception of the provision of Article 34, paragraph 8 of this Law, which shall apply from 31 January 2020. The Law on Amendments to the E-Commerce Law also takes effect on 30 July 2019, except for the provisions of Article 2 of the Law (new Article 5a) and Article 8 of this law (part of the amended Article 21, Para. 3 and 4), which apply from the date of entry of Republic of Serbia into the European Union.
The new Changes in relation to the previous Commerce Law and the E-Commerce Law are primarily aimed at further regulation of contracts in electronic form, electronic commerce and Internet sales, which is widely applied on the market, and so far insufficiently regulated, which has resulted in numerous abuses. For this purpose, new concepts were defined such as the electronic platform and online-shop for which the legislator has foreseen mandatory registration in accordance with the Companies Act if they are linked to the conducting of business activity. The obligation and way of removing unauthorized contents from the electronic platform is also regulated.
Attorney at law Stefan Mojsic
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