- Serbia has granted Montenegro a license for an e-invoice platform.
- The license is for a centralized platform for sending, receiving, managing, and storing electronic invoices for legal entities and entrepreneurs.
- The license will be valid for three years without any fees.
- Serbia is proud to be a pioneer in implementing e-invoice systems in the region and Europe.
- The Ministry of Finance of Montenegro approached Serbia for support in implementing e-invoice systems.
- The new system will facilitate business operations, improve legal security, and expedite VAT refunds.
- Serbia’s e-invoice system has processed over 103 million e-invoices and has over 10,000 users from public funds and 211,445 businesses.
- The system has been successful and is considered one of the most important reforms in improving the business environment.
- Montenegro expects the centralized e-invoice platform to enhance economic activity, reduce the informal economy, and address challenges in VAT refunds.
Source: mfin.gov.rs
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
