Source: World Bank Doing Business 2013 (RANK: Best=1; Worst=185)
Resolving insolvency
Serbia strengthened its insolvency process by introducing private bailiffs, reducing the starting prices for the sale of assets, prohibiting appeals, expediting service of process and adopting an electronic registry for injunctions to make public all prohibitions on the disposal or pledge of movable or immovable property.
Conclusion
Besides nine other economies, Serbia is recognized as having the most improved ease of doing business across several areas of regulation in the last year. Still duration of contract enforcement needs to be improved.