Despite the difficult circumstances due to the pandemic, the Republic of Serbia not only shows positive economic indicators but also records the highest GDP growth in Europe and ranked first among 38 economies. The three main macroeconomic variables (along with…
The Law on Digital Property is the first law in the Republic of Serbia that regulates the area of digital property in Serbia and establishes legal framework for digital business and trade of digital property. The Law became effective as of June 29 and it regulates: 1) issuance of…
The new fiscalisation model in Serbia is to be applied on January 1st 2022. The Tax Administration has published a Technical Guide with the conditions and characteristics of the elements of the electronic fiscal device for approval for use in the e-fiscalization system. The guide contains…
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,…
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….
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…
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…
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…
On 25 April 2019, the tax authorities issued an official notice to the Serbian Chamber of Commerce regarding the issue of employees’ transportation cost taking into consideration the Ministry of Finance’s opinion no. 011-00-12/2019-4 dated 1 February 2019. The Labor…