Serbia Gambling Law

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  1. Serbia Gambling Law Philippines
  2. Serbia Gambling Laws
  3. Serbia Gambling Law Changes

Gambling revenues are measured in millions of dollars making gambling business attractive for investors, as investments pay back quickly and one can open more gambling houses with time. However, not every country allows gambling. Therefore, if you opt to launch a network of betting clubs or online casinos, you should primarily study the laws and receive a corresponding license from the country.

A gambling license is issued for those interested in land-based or online gambling activities in Serbia, if the following requirements are fulfilled:. for gambling activities in Serbia, one can register a limited liability company, a common business structure. Serbia Gambling Law fast-paced casino card game is easy to learn and fun to play online. Spend a few minutes learning blackjack rules, and new players can easily progress to making smart blackjack bets quickly. Practice using one of our 50 free blackjack games now before playing blackjack for real money. Gambling in Botswana is regulated by the Gambling Act 2012 and the follow-up Gambling Regulations from 2016 which make various forms of gambling, including casino gambling, betting and lotto games. Although this law makes various forms of land-based gambling legal, online gambling in Botswana, remains unregulated. The Serbian Finance Ministry has tabled a new bill in the National Assembly with a plan to repeal their Gambling Act of 2011. Should this bill be passed into law, the tax rate for betting will be increased from a 5% standard to 15% for online betting and 10% for the rest of the gambling games.

This article tells how to obtain a gambling license in Serbia and reveals peculiarities and advantages of gambling conduct in this country.

Legalization for the purpose of unshadowing

2012, Serbia received associate membership in the European Union. To meet the requirements of the EU, the country started bringing the gambling business out of the shadow economy. Serbia passed a corresponding law, but it continues to fight against illegal casinos actively. Raids and roundups against illegal organizations are frequent in the country.

Serbia Gambling Law Philippines

To bring gambling out of the shadow economy, Serbia obliged all gambling houses to obtain licenses from the Ministry of finance and economy. At the same time, very favorable conditions for running gambling activities were created. All types of gambling starting from land-based casinos, slot machines to betting houses, and online gambling are allowed here.

A battle against offshore

Legalization of gambling allows ensuring tax returns and tracking payments made between organizations and players. It gives a possibility to block accounts of operators that stay beyond the law. The latter include online casinos registered in offshore jurisdictions or working without a permit.

Therefore, to run a gambling business in Serbia, you should own a Serbian license only. Otherwise, the website will be blocked, payments frozen, and the casino blacklisted.

How to obtain a gambling license in Serbia

Serbia Gambling Law

Serbia Gambling Laws

Like in any other country where gambling is allowed, you have to fulfil definite requirements and conditions to get a permit for running a gambling business.

  1. According to the Serbian legislation, the company that offers and organizes casino games must be registered on the territory of the country only.
  2. If you opt to open an online casino, factor in that all servers must be located in Serbia. Also, the company must make sure that all data on transactions, winnings, and players is stored for 5 years.
  3. The next step is to open an account in one of the Serbian banks. That is required in order to deposit €150 thousand as a bank guarantee and have a risk-based amount of €10 thousand on your account.
  4. Afterwards the operator receives a 10-year’s renewable license from the Ministry of finance and economy.
Serbia Gambling Law

One of the advantages of running a gambling business in Serbia is a very low gambling income tax – just 5%. However, it cannot be lower than €7.5 thousand. In addition, there is a monthly fee of €2.5 thousand for running gambling activities.

Currently, the gambling industry has just started to develop in Serbia, but due to low tax rates, it actively attracts foreign investors. The country allows all types and forms of gambling and contrary to the Russian legislation does not have special requirements to gambling premises or location.

The previous article told how to obtain a gambling license in Russia, revealed the requirements and types of licenses.

Serbia Gambling Law Changes

  • Welcome!

    The law office Stanivukovic was founded in 1988 by Goran D. Stanivukovic, Attorney at Law. The office is situated in Novi Sad, the second largest city of the Republic of Serbia, approximately 70 km north of Belgrade. The activities of the office are conducted throughout the territory of the Republic of Serbia.

    With seven lawyers and a strong team of research and administrative staff, the Law office Stanivukovic renders advices and services of the highest quality tailored to the individual needs of each of its clients in all legal matters. Over the previous few years activities of the office have been directed at developing market entry strategies for potential foreign investors and advisory aimed at searching a positive framework for a successful privatization of national companies.

    Our office dedicates particular attention to ensure the best combination of quality and efficiency by applying contemporary methods, teamwork and expertise, with the maximum level of secrecy for our clients in accordance to the legal framework.

    Check more on our areas of practice in section 'Practice areas'.

  • Practice Areas

    • General commercial law
    • Mergers and acquisitions
    • Privatization
    • Concessions
    • Foreign investments
    • Competition law
    • Securities
    • International commercial law
    • Bankruptcy and liquidation
    • Private international law
    • Labor law
    • Tax law
    • Family law

    • Inheritance law
    • Intellectual property law
    • Real estate
    • Rehabilitation and restitution
    • Contracts
    • Tort law
    • Consumer law
    • Arbitration
    • Alternative dispute resolution
    • Human rights
    • Immigration law
    • Judicial, administrative and other procedures

  • Attorneys

    Goran Stanivukovic

    stanivukovic@lawoffice.rs
    Date of birth: 1962

    Education:
    - 1991 Academy of American and International Law, Dallas, Texas, specialist studies of company law
    - 1982-1986 Law Faculty of Novi Sad, Graduated lawyer

    Work experience:
    - 1988–today Attorney at Law

    Foreign languages:
    - English

    Radivoje Jovic

    jovic@lawoffice.rs
    Date of birth: 1962

    Education:
    - 1982-1987 Law Faculty of Novi Sad, Graduated lawyer

    Work experience:
    - 1990–today Attorney at Law

    Foreign languages:
    - English
    - French
    - Russian

    Dorde Jeftic, LL.M.

    jeftic@lawoffice.rs
    Date of birth: 1967

    Education:
    - 1994-1995 Law Faculty in Heidelberg, Germany, LL.M.
    - 1986-1991 Law Faculty of Novi Sad, Graduated lawyer

    Work experience:
    - 1998-today Attorney at Law
    - 1997-1998 BanCor Consulting Group, Novi Sad – Executive Director

    Foreign languages:
    - German
    - English

    Dusan Pavlica

    pavlica@lawoffice.rs
    Date of birth: 1935

    Education:
    - 1956-1961 Law Faculty of Belgrade, Graduated lawyer

    Work experience:
    - 1972-today Attorney at Law
    - 1962-1972 Zitarska industrija Backa Topola, lawyer

    Sinisa Novkovic, PhD

    novkovic@lawoffice.rs
    Date of birth: 1983

    Education:
    - 2008-2015 Law Faculty of Novi Sad, PhD
    - 2006-2007 Law Faculty of Novi Sad, LL.M.
    - 2002-2006 Law Faculty of Novi Sad, Graduated lawyer

    Work experience:
    - 2008-today Attorney at Law

    Foreign languages:
    - English

    Sinisa Colevic

    colevic@lawoffice.rs
    Date of birth: 1985

    Education:
    - 2004-2009 Law Faculty of Novi Sad, Graduated lawyer

    Work experience:
    - 2011–today Attorney at Law

    Foreign languages:
    - English
    - German

    Sanja Dragic, LL.M.

    dragic@lawoffice.rs
    Date of birth: 1984

    Education:
    - 2009-2011 Lund University Faculty of Law, in cooperation with Raoul Wallenberg Institute, LL.M. in International Human Rights Law
    - 2008-2009 Law Faculty of Novi Sad, LL.M.
    - 2003-2008 Law Faculty of Novi Sad, Graduated lawyer

    Work experience:
    - 2012–today Attorney at Law
    - January - April 2011 Registry of the European Court of Human Rights, Legal Division – trainee

    Foreign languages:
    - English
    - French

  • References

    • ALPOS D.D., Sentjur, Slovenia
    • ARAGO Rt., Budapest, Hungary
    • AVON POLYMER PRODUCTS LIMITED, Bradford on Avon, England
    • AVON SPENCER MOULTON, Malesherbes, France
    • BANINI AD Kikinda, Serbia
    • BEOHEMIJA DOO Beograd, Serbia
    • BETONUT, Budapest, Hungary
    • BRIGL & BERGMEISTER - PAPIRNICA VEVCE, Ljubljana, Slovenia
    • BUDACASH, Budapest, Hungary
    • CENTROPROIZVOD Surcin, Serbia
    • COMPAGNIE MEDICALI RIUNITE S.r.l, Pordenone, Italy
    • CONSOLIS SAS, Paris, France
    • COPECHIM, Paris, France
    • COSUN U.A., The Netherlands
    • DAD DRAXELMEIER doo, Zrenjanin, Serbia
    • DDOR Novi Sad ado, Novi Sad, Serbia
    • DONCAFE GROUP, Belgrade, Serbia
    • ECOTEQ doo, Belgrade, Serbia
    • ELOPAK TRADING A.G. Switzerland
    • FABRIKA ULJA BANAT AD Nova Crnja, Serbia
    • FONDIARIA - SAI, Milan, Italy
    • GEBRS. VAN STOLK, Rotterdam, The Netherlands
    • H.T.H. BENELUX B.V., Baarn, The Netherlands

    • HUNGARIA-Kozraktarozasi Zrt., Budapest, Hungary
    • HUNGUEST HOTELS Budapest, Hungary
    • ICOPAL SK, Slovakia
    • IMPOL d.d. Slovenska Bistrica, Slovenia
    • INSTITUT ZA RATARSTVO I POVRTARSTVO, Novi Sad, Serbia
    • INTEREXPO, Ptuj, Slovenia
    • ISOVOLTA A.G., Austria
    • JADRAN, Sezana, Slovenia
    • KATHREIN-WERKE KG, Rosenheim, Germany
    • KOMPAS, Ljubljana, Slovenia
    • LIONSEEDS, Italy
    • MELLON TECHNOLOGIES, Greece
    • MERKUR d.d. Ljubljana, Slovenia
    • NEOPLANTA ad, Novi Sad, Srbija
    • NGO CINS, Rome, Italy
    • NOKIA INTERNATIONAL OY, Finland
    • S.F.I.R. Societa Fondaria Industriale Romagnola S.p.A, Cesena, Italy
    • SAFARI INTERNATIONAL S.r.l., Rome, Italy
    • STET Societa Finanziaria Telefonica S.p.A., Italy
    • SZEGEDI PAPRIKA, Szeged, Hungary
    • TELECOM ITALIA S.p.A., Italy
    • VALKARTON, Logatec, Slovenia
    • VOEST ALPINE INTERTRADING, Linz Austria

  • Contact

    We are located in the vicinity of the court building in Novi Sad, Sremska street no. 4. Our offices are on the second floor.

    If you entered the city from the North side (from the Belgrade-Subotica high-way), drive all the way to the railway station building, and then turn left on Bulevar oslobodenja. Turn left once again on the fourth traffic light and you will enter Maksima Gorkog street. On the first crossing turn left once more to Sremska street. We are there, in the first building on the left side of the street, on the corner of Sremska street and Carica Milica square.

    If you entered the city from the South-East side, by crossing one of the bridges on the Danube river, continue driving on the road going by the river bank, until you come to a crossing where you will turn to Maksima Gorkog street. On the fifth crossing, after the gas station, turn right. We are there, in the first building on the left side of the street, on the corner of Sremska street and Carica Milica square.

    Map


    Law office Stanivukovic
    Sremska 4/II, 21000 Novi Sad, Serbia
    tel/fax:
    +381 21 4720 412
    +381 21 4720 899
    +381 21 4720 008
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