In the past, Yugoslavia was the only socialist country that allowed foreign
investment. Nowadays, Serbia & Montenegro and its Foreign Investment Law
allow foreign investors to found their own companies under the condition of
reciprocity in almost all of the economic sectors. The law is based on
internationally recognized and known solutions which ensure a completely
equal (i.e. national) treatment of foreign investors in business dealings in this
country and provide investors with full transparency of regulations and
practices regarding the status and treatment of foreign investment and foreign
investors. Foreign investors are guaranteed full protection of their property
rights.