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…
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…
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…
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…
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…
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…
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…
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…
[print_link] Needless to say, a business requires a bank account in order to function properly. In certain instances, however, having to open a bank account is more complex that one would anticipate and, as such, requires reaching out to professionals…
The Serbian Government had two objectives when preparing the economic assistance program designed to mitigate the damage caused by the COVID-19 epidemic – safeguarding employment and supporting the business liquidity. The measures introduced are available not only to companies and…