Serbian Parliament Considering Draft Legislation Including New Depreciation Rules, Introduction of an IP Regime, and Other Changes

Draft legislation was submitted to Serbia's National Assembly (parliament) on 20 November 2018 that includes new depreciation rules, the introduction of an IP regime, and other changes. The measures include:

• Changes to the depreciation rules so that all fixed assets must be depreciated on a straight-line basis instead of just real estate (Group I) – depreciation rates are prescribed as follows:
  • Group I – 2.5%
  • Group II – 10%
  • Group III – 15%
  • Group IV – 20%
  • Group V – 30%
• The repeal of the 10…