
As every year, starting from 2025, the parameters for calculating wages have been changed.
Read moreOn December 12, 2017 the Minister of Finance and the Minister of Trade, Tourism and Telecommunications of the Republic of Serbia issued the Explanation regarding the issuing and recording of invoices in paper and electronic form without stamp and signature number 401-00-4169/2017-16.
Minister of Finance of Serbia adopted three new rulebooks regulating place of delivery of services in the terms of VAT Law: in connection with real estate, the sale of food and drinks for consumption on-site and rental of vehicles services. Rulebooks are in accordance with amendments on VAT Law, whose goal is harmonization with EU VAT regulations.
Deadline to submit annual personal income tax return for 2016 is 15 May 2017.
Agreements for the avoidance of double taxation with respect to taxes on income and on capital signed by Serbia and 4 countries (Republic of Korea, Armenia, Kazakhstan and Luxembourg) are effective from 1st January 2017.
The National Assembly of the Republic of Serbia on 28th December 2016 adopted the amendments to three tax laws: Law on Value Added Tax, Excise Law and the Law on Tax Procedure and Tax Administration.
Serbia has moved up for 7 positions, from 54th to 47th, on the World’s Bank Doing Business list for 2017. The greatest progress was made in the field of Construction permits, by as much as 117 positions.
Serbian Business Registers Agency (SBRA) issued on 15 August 2016 press release stating that thanks to the advancement one-stop system of registration, company formation and issuance of Tax Identification Number (TIN) time is shortened to a maximum of 24 hours.
Public call for incentives to film industry.
Annual personal income tax is paid by natural persons which had annual income higher than 2,201,220 RSD in 2015.