The Republic of Serbia’s National Assembly recently gave the green light to stirring amendments in both the Personal Income Tax Law and the Law on Social Security Contributions. These changes are slated to take effect on the eighth day following…
The introduction of Environmental, Social, and Governance (ESG) criteria marks a significant leap forward for Serbia on its journey to align with United Nations compliance standards. This groundbreaking ESG regulation mandates that small and medium-sized enterprises (SMEs) in Serbia seeking…
On July 26, 2023 the National Assembly of Serbia has adopted the long awaited changes in terms of Law on Foreigners and Law on employment of Foreigners. Most amendments will enter into force as of February 1, 2024, while some…
Republic of Serbia and the RFZO (Republic Fund of Health Insurance) have signed bilateral agreements with 21 states on the possibility of using social insurance during temporary stay abroad (at the expense of the RFZO). Under their terms, the reasons…
The new year brought several changes in the set of tax laws in the Republic of Serbia. Significant changes on personal income tax and mandatory social security contributions were announced. New parameters for taxation of wages and other personal income,…
The Serbian Business Registers Agency recently announced that will press misdemeanour charges against businesses that have not registered their real owner. The director of Serbian Business Registers Agency Milan Lučić stated that with the new regulations this matter will be…
The Ministry of Finance calls on all legal entities and entrepreneurs engaged in the provision of accounting services in the Republic of Serbia, who have not yet fulfilled the legal obligation and harmonized their operations with the Law on Accounting…
New proposed amendments to the Labour law are expected to substantially improve the position of workers, correct all shortcomings of the current law, and clearly define the areas concerning the rights and obligations of workers and employers. The changes are…
The Director of the Tax Administration publishes every March a tax inspection plan, pursuant to Article 118 of the Law on Tax Procedure. The Authorities follow an advanced risk analysis system and use an organized database, which applies risk assessment…
A new set of Tax Laws has been adopted in the Republic of Serbia most of which will be applicable as of January 2022. The main changes are seen in: Law on Amendments to the Law on Personal Income Tax Non-taxable salary amount will be increased from 18.300 RSD to 19.300 RSD Validity of the “old”…