Best Project Finance Lawyers in Belgrade

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Legal Advisory Group
Belgrade, Serbia

Founded in 2008
5 people in their team
Serbian
English
WelcomeLegal Advisory Group is a Belgrade based law firm set up to provide wide range of legal services primarily from the scope of corporate and business law.In our firm, we believe the trust our clients have given us is the most important guideline and motive to prove they were right entrusting...
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Injac Attorneys

Injac Attorneys

15 minutes Free Consultation
Belgrade, Serbia

Founded in 2019
20 people in their team
Serbian
English
Injac Attorneys is a Belgrade-based law firm with a regional footprint across Southeast Europe.Our team comprises corporate lawyers and multidisciplinary professionals whose composition is unique in the regional legal market. Educated at leading universities, our lawyers have gained their...
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Founded in 1991
10 people in their team
Serbian
English
Business Law Office | Corporate & Commercial Law Experts in SerbiaAt Business Law Office – Advokatska Kancelarija, we’ve been helping businesses grow, resolve disputes, and stay compliant in Serbia since 1991. Based in Belgrade, we are a boutique corporate law firm dedicated to providing...

Legal guides written by Business Law office - Advokatska Kancelarija:

  • Why Invest In Serbia
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NM Lawyers
Belgrade, Serbia

Founded in 2007
10 people in their team
Serbian
English
What makes NM Lawyers different is our corporate culture. Our priority is the client and his needs. Customer satisfaction and fulfillment of his goal is our main goal. We approach each client individually with maximum commitment and provide full legal assistance and support.With the help of our...
Bojanović & Partners
Belgrade, Serbia

Founded in 2013
50 people in their team
Serbian
English
We are a full-scale service commercial law firm from Serbia with organizational structure capable to meet the needs of national and international clients.Our work is organized around specialized practice areas, and we have expertise across all industry sectors.There are many distinctive...
STOJKOVIC LAW OFFICE
Belgrade, Serbia

Founded in 2000
50 people in their team
Serbian
English
STOJKOVIC LAW OFFICE PROVIDES LEGAL ASSISTANCE IN SERBIA AND THE REGION.E-REGISTRATION OF A LEGAL ENTITY TO THE SERBIAN BUSINESS REGISTERS AGENCY.E-APPLICATION TO THE CADASTRE OFFICES IN THE REPUBLIC OF SERBIA.WE OFFER A UNIQUE SERVICE BASED ON OUR KNOWLEDGE OF SPECIFIC LOCAL...
PETROVIĆ MOJSIĆ & PARTNERS
Belgrade, Serbia

Founded in 2011
5 people in their team
Serbian
English
About usPETROVIĆ MOJSIĆ & PARTNERS was founded in 2011 as business-oriented Law Firm with an office in Belgrade, Republic of Serbia.Our Firm serves as both legal advisors and business strategists to entrepreneurs, corporations, individuals, associations and growth businesses at all stages of...
Law office Ristović
Belgrade, Serbia

Founded in 2015
2 people in their team
Serbian
English
We provide representation services for individuals and legal entities in the territory of the Republic of Serbia in the field of criminal, misdemeanor, civil, family, tax and commercial lawWe are completely committed to each client and we strive to perform our business ethically and...
Vidovic-Andjelkovic Law Firm
Belgrade, Serbia

Founded in 2017
10 people in their team
Serbian
English
HOW WE WORK?Our outlook on law is different.Our success stemmed from a unique approach to interpreting the law: We do not follow outdated modelsWe re-examine every aspect of lawWe adapt them to the interests of our clientsWe have a modern and progressive approach to lawWe believe that every...

Founded in 1985
50 people in their team
Serbian
English
Mikijelj Jankovic & Bogdanovic is a law firm established in 1985 in Belgrade, Serbia. We represent clients in over 30 countries with a particular focus on Serbia, Slovenia, Croatia, Bosnia and Herzegovina, Montenegro, Macedonia, Albania, and Kosovo.Our law firm has been continuously recognized...
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About Project Finance Law in Belgrade, Serbia

Project Finance in Belgrade, Serbia refers to the legal and financial structuring of large-scale, capital intensive projects such as infrastructure developments, energy installations, and construction projects. In this field, financing is primarily based on the projected cash flows of the project rather than the assets or creditworthiness of the project sponsors. Both Serbian and international investors pursue project finance opportunities in Belgrade due to its strategic geographic location, developing infrastructure, and growing economy. The legal environment includes various national laws, EU regulations, and contractual practices that affect project set-up, implementation, and funding.

Why You May Need a Lawyer

Project finance involves multi-layered agreements, substantial risk assessments, regulatory compliance, and negotiation with numerous parties such as banks, public authorities, and contractors. Legal complexities often arise in the following situations:

  • Structuring public-private partnership agreements
  • Securing and negotiating complex financing arrangements
  • Acquiring licenses and permits for large-scale infrastructure or energy projects
  • Ensuring compliance with Serbian regulations and EU directives
  • Handling disputes or renegotiations among stakeholders
  • Drafting and reviewing project documents, such as EPC contracts, SPV shareholder agreements, and security packages
  • Managing issues related to land acquisition, environmental compliance, or government approvals

A lawyer with expertise in project finance can help identify potential legal risks, advise on optimal structures, and guide stakeholders smoothly through each stage of a project, thereby reducing costly errors or delays.

Local Laws Overview

Project Finance in Serbia is influenced by several key laws and bodies of regulation, especially as they apply in Belgrade:

  • Company Law - Governs establishment of project companies and special purpose vehicles (SPVs) commonly used in project finance transactions.
  • Contract Law - Deals with formation and enforcement of complex contracts among participants.
  • Real Estate and Land Use Laws - Manage issues of ownership, leasing, and rights-of-way for project sites.
  • Energy Laws - Regulate energy, mining, and utility projects, including permitting and concession processes.
  • Banking and Finance Regulations - Oversee conditions for lending, collateralization, and foreign investment.
  • Public Procurement and Public-Private Partnership (PPP) Laws - Govern transactions involving public entities and infrastructure development.
  • Environmental Laws - Impose requirements for registration, impact assessments, and compliance for certain projects.
  • Foreign Exchange Controls - Affect remittance of profits, loan repayments and capital flows for non-Serbian investors.

The interaction of these laws requires careful navigation to ensure compliance and risk mitigation. Additionally, Belgrade being the capital, often hosts projects with particular regulatory and governmental scrutiny.

Frequently Asked Questions

What is project finance and how is it applied in Belgrade, Serbia?

Project finance is a method of funding in which lenders and investors base their investments on the cash flows generated by a specific project, rather than on the general assets or credit of the sponsors. In Belgrade, this approach is commonly used for large infrastructure, energy, and public utility projects.

What are the main legal challenges in project finance transactions in Serbia?

Legal challenges can include dealing with complex contractual frameworks, regulatory approvals, compliance with local and international standards, and structuring deals that meet both Serbian and international financing expectations.

Do foreign investors face any specific restrictions?

Foreign investors can participate in project finance transactions, but should be aware of currency controls, profit repatriation rules, and the need for specific government permits depending on the sector.

What legal entities are typically used for project finance in Belgrade?

Special purpose vehicles (SPVs) are commonly set up as limited liability companies to isolate project risk and provide a clear vehicle for contractual and financial arrangements.

Are there special regulations for energy or infrastructure projects?

Yes, energy and infrastructure projects are highly regulated and require specific permits, licenses, and in some cases, concessions or public tenders, particularly if public interest or resources are involved.

How does the public-private partnership (PPP) model work in Serbia?

PPP arrangements are governed by the Law on Public-Private Partnership and Concessions, enabling public authorities to partner with private sector participants through concession agreements, joint ventures, or service contracts.

What are the common risks in project finance transactions?

Key risks include construction risk, operational risk, regulatory change, political risk, and financial risk related to project performance or changes in market conditions.

How are disputes in project finance generally resolved in Belgrade?

Dispute resolution may take place through Serbian courts or by alternative dispute resolution methods such as arbitration, often based on the terms of the underlying project contracts.

Can project assets be used as collateral for loans?

Yes, it is common practice to use project assets and contractual rights as collateral, but this must comply with Serbian secured transactions law and be properly registered for legal effectiveness.

What is the role of the government in project finance deals?

The government may act as a contracting party, grantor of concessions, regulator, or simply as a permitting authority, depending on the sector and the specifics of the project.

Additional Resources

For more detailed information and assistance, the following organizations and bodies may be helpful:

  • Serbian Ministry of Economy
  • Serbian Ministry of Mining and Energy
  • Serbian Chamber of Commerce
  • Belgrade City Assembly and related municipal offices
  • Commission for Protection of Competition
  • National Bank of Serbia
  • Investment Promotion Agency of Serbia
  • Local offices of international law firms and consulting companies experienced in project finance

Next Steps

If you are considering involvement in a project finance deal in Belgrade or need legal advice relating to an ongoing project, consider the following steps:

  • Clearly define the scope of your project and identify potential stakeholders and financing sources
  • Consult with a lawyer specializing in project finance as early as possible to assess legal risks and structure the project appropriately
  • Obtain preliminary advice on regulatory requirements, permits, and possible restrictions for your specific sector
  • Request a review or drafting of all contractual documentation, including financing, construction, operation, and security agreements
  • Ensure all corporate, tax, and compliance issues are addressed before closing any deal
  • Reach out to relevant governmental bodies or industry associations for guidance on standards and best practices

Professional legal support can be crucial to successfully navigating the complex legal environment of project finance in Belgrade, Serbia.

Lawzana helps you find the best lawyers and law firms in Belgrade through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Project Finance, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Belgrade, Serbia - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.