Amendments to the Law on Employment of Foreigners, adopted by the National Assembly of the Republic of Serbia on April 25, 2019, made the next step in creating a more favorable business environment that should attract foreign investments. Significant changes introduced by this law include:
- Consolidated treatment of the National Employment Service for addressed persons and work permits for movement within companies.
- Direct exchange of official data between the National Employment Service and diplomatic and consular representative offices, which speeds up the entire process of collecting necessary documentation.
- Obligation of obtaining the consent and opinion of the relevant ministries ex officio by the National Employment Service.
It remains to be seen whether these changes will have the planned impact on improvement of the business climate in Serbia, and whether such simplified administrative procedures will lead to a larger inflow of foreign capital into Serbia.