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News-Serbia

Serbia: Digital Nomads HotSpot- a Hidden Gem

As the number of remote workers has increased significantly during the Covid-19 pandemic, the demand for destinations and facilities from which, with the help of high-speed internet, regular work activities can be performed has also increased.  The jobs that digital nomads perform cover different areas – programming,…

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News-Serbia

Serbia: Ministry of Finance Adopts VAT Rulebook

On 14 April 2021 the Official gazette of the Republic of Serbia No.37 published that the Ministry of Finance of Serbia adopted a Rulebook on the Value Added Tax.  The new rulebook replaces 27 individual rulebooks in the field of VAT, which are now in force and it comprises 282 articles, 19 forms and 33 chapters….

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News-Serbia

Serbia: New Law On Archival & Documentary Materials

As of February 2, 2021, the new Law on Archival Materials is applied in Republic of Serbia.   The most important novelty for business entities and companies in the Republic of Serbia is the introduction of new obligations regarding the handling of archival material and documentary…

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News-Serbia

Serbia: Rulebook On Interest Rates On Intercompany Loans

Impact on TP Study & Income Tax for 2021 The Ministry of Finance of Serbia has adopted the Rulebook on interest rates for 2021 that should be applied for the purposes of calculation of income taxes and also can be…

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News-Serbia

Serbia implements New Law on Fiscalization

The new law adopted in late December 2020 regulates the subject of fiscalization and its process through an electronic device as well as the content of the fiscal account. The government aims at a system that will ensure the registration…

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News-Serbia

Serbia: Elements Determining The Annual Personal Income Tax

for the fiscal year 2020 On March 9th, 2021, the Ministry of Finance announced explanation No. 413-00-3 / 2021-04 relating to the manner of calculating the annual income tax.  According to Article 87 of the Law on Personal Income Tax, the…

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News-Serbia

Amendments to VAT Regulations in the Field of Construction in Serbia

 IN FORCE AS OF THE 1ST OF JANUARY 2021 The Law on Amendments to the Law on Value Added Tax was published in the “Official Gazette of the Republic of Serbia”, no. 153/2020, dated 21.12.2020 and entered into force on the 29th of December 2020. It is applicable…

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News-Serbia

Republic of Serbia: Program of Direct Benefits to Legal Entities in the Private...

The Government of the Republic of Serbia adopted a program of direct benefits to private legal entities at a session held on February 11th, 2021.   The Program aims at mitigating the economic consequences resulting from the Covid-19 pandemic, ensuring that there is no delay in the payment of taxes and contributions. Grants from the…

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News-Serbia

Opening a Bank Account in Serbia

Serbia boasts an excellent strategic location, solid infrastructure and highly knowledgeable human resource potential. Being at a unique position in the European market, Serbia offers diverse possibilities. The attractiveness of the location, coupled with the logistical advantages, availability of skilled…

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News-Serbia

New Regulations For Foreigners Who Work Online From Serbia

The Serbian Labor Minister, Zoran Đorđević, recently announced amendments to the Law on Employment of Foreigners and the Law on Foreigners. The amendments aim at securing higher state revenues from the increasing number of foreigners working online remotely from Serbia…

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