Serbia is implementing mandatory e-invoicing from May 2022. The Serbian e-Invoicing model follows the so-called clearance model, used currently by countries such as Italy and Chile. In this model, transmission and validation of electronic invoices are performed through an interface, which is managed by the tax authorities. In addition to the national e-invoicing system (called Sistem E-Faktura), an auxiliary system (Sistem za Upravljanje Fakturama or SUF) has been introduced to help taxpayers with the processing and storage of invoices.
- 1.Will e-invoicing come into effect for all taxpayers at the same time or will there be a gradual implementation?
- 2. What are the main ways of generating, transmitting, and receiving electronic invoices according to the new regulation?
- 3.What is the format and technical requirements of the electronic invoices going to be?
- 4.Is an electronic signature requested before the transmission of the invoices?
- 5.What are the legal penalties for not complying with the regulation of electronic invoicing?
Source SNI
