Registration of Beneficial Ownership becomes obligatory for all resident and non-resident companies in Serbia
On the 31st of December 2018, the Serbian Business Register Agency implemented the Register of Beneficial Ownership. All resident-companies as well as branch offices and the representative offices of non-resident companies are obliged to report beneficial ownership by the 31st of January 2019. Registration of data is done by the company/branch office/representative office by entering […]
Registration of Beneficial Ownership becomes obligatory for all resident and non-resident companies in Serbia
On the 31st of December 2018, the Serbian Business Register Agency implemented the Register of Beneficial Ownership. All resident-companies as well as branch offices and the representative offices of non-resident companies are obliged to report beneficial ownership by the 31st of January 2019. Registration of data is done by the company/branch office/representative office by entering […]
Treatment of Fixed Assets under the new Corporate Profit Tax rules, amended IFRS 16 coming into force and changes in Property Tax Law
Treatment of Fixed Assets under the new Corporate Profit Tax rules, amended IFRS 16 coming into force and changes in Property Tax Law – making it easier or less easy to report? End of 2018 has brought many changes in Serbian tax landscape, making it easier to report accounting versus tax value of fixed assets […]
Serbia applying MLI from the 1st of January 2019
Application of Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) from 1 January 2019 to WHT in transactions between Serbian residents and the residents of Austria, Poland, Sweden, Slovenia and United Kingdom Just a quick reminder that starting from 1 January 2019 Serbia will apply the rules […]
Serbia applying MLI from the 1st of January 2019
Application of Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) from 1 January 2019 to WHT in transactions between Serbian residents and the residents of Austria, Poland, Sweden, Slovenia and United Kingdom Just a quick reminder that starting from 1 January 2019 Serbia will apply the rules […]
Serbian Withholding Tax on Royalties
By entering into bilateral agreements on avoidance of double taxation, in order to properly apply all provisions in the agreement countries are trying to determine the rules on taxation of income and property, i.e. if the agreement provides taxation rights to source country or country of residence. Serbia has concluded 59 bilateral agreements on avoidance […]
Confida Coffee Session @ Impact Hub Belgrade
Check out how our Coffee Session at Impact Hub Belgrade looked like where students and potential interns had the opportunity to inform themselves about skills and knowledge required for starting their career at Confida.
NOVEMBER 2018: Your reference for Tax News in Serbia
The Confida MONTHLY NEWSLETTER HAS BEEN CREATED TO HELP YOU NAVIGATE NEW TAX RULES AND REGULATIONS IN SERBIA. Confida Serbia has created the Confida Monthly Newsletter with the aim of providing both local and international businesses with answers to key questions regarding tax regulations in Serbia. [fusion_button link=”https://gallery.mailchimp.com/b5d6b16b9364e321ff12b3133/files/d618e70b-cd8e-49ec-9abf-1de2110d2787/CONFIDA_Mesecni_Newsletter_SRB_NOV.02.pdf” title=”” target=”_blank” link_attributes=”” alignment=”” modal=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” color=”default” button_gradient_top_color=”” button_gradient_bottom_color=”” button_gradient_top_color_hover=”” […]
Cross-border financing challenges in the Balkans – a never ending story
Cross-border transaction legislation in the region (Bosnia and Herzegovina, Croatia, Macedonia, Montenegro, Serbia) has been one of the main cause of „pain“ for the foreign investors over the past decade. Accession of Croatia to European Union (EU) and progress made in the rest of the region have made it a more favorable place of interest. […]
OECD Tax Guidelines on BEPS Actions 10 & 13: Impact on Serbian R&D Companies
Serbia is among the countries that have in general adopted standard transfer pricing methods as a mandatory part of the Corporate Profit Tax Act, among those also profit split methods. Cost sharing arrangements (CCA) is one of the approaches used within profit split methods that were commonly used by multi-national groups (MNE) to cover for […]