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Control of transactions between related parties and validation of expenses

  • Related parties may also enter into cost contribution agreements, these agreements must also comply with the "arm`s length" principle, and the costs incurred must be adequately documented. Agreements may be concluded between two or more related parties but may also include unrelated parties. The subject of the agreement is also the analysis of contributions to transactions, adequate use of resources, and possibly the effects of tax incentives and state subsidies.
  • Cost contribution agreements outline the relationship between the participants regarding the allocation of costs, development risks, production or procurement of assets, services or rights, and determine the nature and extent of each participant's assets, resources, services or rights.
  • The benefits of joining such an agreement may be known in advance, but also uncertain, when it comes to joint research or development venture. Some benefits are realized in a short period of time, while certain can be realized only in later periods, so it is necessary to define relations precisely enough at the very beginning, in order to avoid possible disagreements in later periods.
  • The most common type of cost contribution agreement is an agreement on the joint development of intangible assets.
Direct, clear and confidential communication with the Client.

A team of 30 professionals, licensed auditors, accountants, tax and financial advisors, certified appraisers, will help you achieve your business goals.

Poverljiva komunikacija sa Klijentom

PKF Serbia

Tax advisory is only a part of our field of expertise. We provide our clients with constant support through financial consultations, as well as auditing and bookkeeping, and accounting services.

PKF Serbia is part of the PKF International (London) network that implements quality assurance programs for its members.


Mićun Žugić

Overseeing the Tax Advisory Department

Junior partner in PKF Ltd, Beograd, Mićun Žugić has more than 15 years of working experience. During his work in PKF Ltd, he provided tax and audit services to companies from different business industries.

Mićun also provides support to clients through digital communication channels: Viber, Skype, Zoom, Teams

Join the PKF family of clients consisting of 1,500 companies from all over Serbia.

Contact us and we will form a non-binding, individual offer in accordance with your business needs.

Poresko savetovanje kontakt

Phone: +381 11 3018 445
Adress: Palmira Toljatija 5/III

Although our offices are in Belgrade, our clients are located throughout Serbia.