It is believed that the new rulebook drastically and unnecessarily increases the level of complexity of records.

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.

Serbia Managing Director Jelena Cuk and VAT expert Jacek Szufan outline some key aspects of the draft Law on Amendments of the VAT Law which has been forwarded to the Serbian Parliament for adoption.

On April 19th, 2018, the Serbian Parliament adopted the Law on Amendments to the VAT Law.

The Director of the Tax Administration publishes every March a tax inspection plan, pursuant to Article 118 of the Law on Tax Procedure.

On December 28th, 2016, the Serbian Parliament adopted the Law on Amendments to the Law on VAT (Official Gazette of RS, No. 108/2016).

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...

Recent changes made by the Serbian parliament introduce a new gateway to the Serbian market for foreign businesses.

Facing a significant budget deficit, the Serbian Government plans to change the tax laws for the third time in the last 12 months

Anew set of Tax Laws has been adopted in the Republic of Serbia most of which will be applicable as of January 2022.

Pursuant to the Serbian Value Added Tax Act (hereinafter ‘the VAT Act’), taxable persons who are not established in Serbia are entitled to obtain a VAT refund if they have purchased movable goods and services subject to the condition.

Residents are subject to personal income tax on their worldwide income. Non-residents are taxed on their Serbian-source income only. Income tax is assessed in the year, in which the income is earned on a current year basis.

Residents are subject to personal income tax on their worldwide income.

The tax authorities in the region have been intensely active over the end of 2013 and the beginning of 2014 and have implemented several legislative changes.