- Deadline Approaching: The deadline for the fiscalization of the first group of taxpayers in Republika Srpska is December 17, 2024, leaving less than 3 months for compliance.
- Mandatory Compliance: Taxpayers in the first group must respond to the fiscal system operator’s invitation and prepare their software for communication with the electronic fiscal device to meet the fiscalization requirements.
- Sanctions for Non-Compliance: Taxpayers who fail to complete fiscalization by the deadline will face sanctions as per the Law on Fiscalization (Official Gazette No. 15/22).
- Rulebook Provisions: The Rulebook on the Dynamics of Fiscalization (Official Gazette No. 26/24) outlines the fiscalization process and the financing method for initial costs, with a six-month completion period from the start deadline.
- No Extensions: The specified deadline for the first group’s fiscalization is fixed at December 17, 2024, with no extensions foreseen under the new regulations.
Source: fiscal-requirements.com
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.
Latest Posts in "Bosnia and Herzegovina"
- Draft VAT Regulation Open for Public Consultation Until September 26, 2025
- Bosnia and Herzegovina Suggests VAT Refund Amendments for Initial Residential Property Supply
- Bosnia and Herzegovina’s Fiscal Reform Proposal: New Tax Obligations for Individuals and Businesses
- BIH Increases VAT Refund Threshold for Foreign Shoppers to 200 Convertible Marks
- New VAT Refund Threshold for Foreigners in BiH: Minimum Spending Requirement Doubles