July 2023: Your reference for Tax News in Serbia
Starting in May 2018, Confida Serbia is creating Monthly Newsletter with the aim to provide key tax news.
The (In)Correctness Of The Invoice In Terms Of The VAT Act
The following are the most common errors that occur in electronic invoices issued using SEF that refer to recipient data, are: The invoice must include information about the invoice’s sender and recipient, The name is a characteristic part of the company’s business name and must be different from similar companies’ names, The shortened business name […]
Unstable Real Estate Market in Recent Months
In recent months, the real estate sector has encountered significant instability, marked by fluctuating prices across different regions. While some areas have experienced a decline, others have witnessed promising increases—the path toward stabilization and slight growth hinges on the movements within the global economy and Euribor.
Building Permits And Occupancy Permits
When we talk about the importance of building permits and occupancy permits in constructing buildings and structures in Belgrade, we must understand that these documents are crucial for ensuring safety, compliance with legal regulations, and protection of the interests of citizens.
A new Rulebook on electronic invoicing was adopted
The Rulebook on electronic invoicing (hereinafter: the Rulebook) has been published and will enter into force on July 1, 2023. The Rulebook regulates certain issues, or solutions, in particular: method and procedure of registration and access to the system of electronic invoices, the method of accessing and using the system of electronic invoices, the method […]
Procedure when TIN is revoked
Some of the basic reasons why Tax Authorities revoked the TIN from individuals and legal entities is because of the failure to submit tax returns or non-payment of taxes, but the revocation of the TIN is not a definitive action. Namely, the taxpayer can ‘reactivate’ the TIN, if he meets certain legal conditions. The process […]
June 2023: Your reference for Tax News in Serbia
Starting in May 2018, Confida Serbia is creating Monthly Newsletter with the aim to provide key tax news.
VAT calculation in case of a change of tax debtor from the day of the down payment to the day of turnover
From February 1, a new Rulebook on amendments and modifications of the Rulebook on VAT has entered into force. The largest number of articles is prescribed to harmonize the VAT regulations with the Law on Fiscalization.
Changes within the Collective and Individual VAT records
The Ministry of Finance has published details of another in a series of changes and updates of the System of Electronic Invoices (SEF). Also, the Internal Technical Instruction was updated. The largest number of updates refer to changes regarding reporting VAT within the Collective and Individual VAT records. The most significant changes within Individual VAT […]
The Republic of Serbia is changing the criteria for incentives for investors
The Government of the Republic of Serbia has amended the Regulation on determining the criteria for granting incentives, raising the threshold for the required minimum investment.