Considering the Law on Foreign
Exchange Operations, Direct investments
(as the type of Capital
investments) are resident’s investments
into legal entity abroad and
non-resident’s investments into legal
entity in the Republic of Serbia
for the purpose of getting included
in the management of such legal
entity’s activities. Such investment
includes incorporation of a legal
entity (and branch or representative
office), purchase of shares or
stake in the capital of legal entity,
recapitalization of legal entity, as
well as any other form of investment
whereby the investor acquires
more than a 10% stake in
share capital and/or more than
10% of voting rights, in a period not
longer than one year following the
first investment into that legal entity
in the event of successive investments
(for the purpose of reaching
the threshold of 10%).