- Private sector entities and tax representatives of foreign nationals must issue electronic invoices for payment requests to the National Bank of Serbia.
- Certain transactions, such as retail sales to corporate cardholders, are exempt from the electronic invoicing requirement.
- System users must disclose and update VAT status data within five days of registration or any changes.
- Fines ranging from 200,000 to 2 million dinars apply for non-compliance by entities, and from 50,000 to 2 million dinars for responsible persons.
- The law takes effect December 12, 2025, and generally applies from tax periods after March 31, 2026.
Source: news.bloombergtax.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 "Serbia"
- Serbia Postpones Preliminary VAT Return Requirement to January 2027
- Serbia Amends VAT Law: New Error Correction Rules Effective January 2027
- Serbia Amends VAT Law: New Rules for Invoicing, Tax Base Changes, and Input VAT Deductions
- No Input VAT Deduction Allowed for Paper Invoices When E-Invoices Are Mandatory
- Serbia Launches eOtpremnica E-Delivery Note Module Version 0.6.0
