Considering that the Republic of Serbia economy is going through the process of privatization, it is vital to understand the changes that each industry is going through. BDO Serbia is the right place to assist you!At BDO we recognize the importance of knowing in depth different industries as they contain various needs. That is why we strive to understand not just your company but your industry as well. We believe that by knowing your industry, we could add value to your business. Our goal is...
NEW RULEBOOK ON „ARM’S LENGTH“ INTEREST RATES FOR 2023Serbian Ministry of Finance issued in the Official Gazette number 24 of 29 March 2023 new Rulebook which defined the interest rates which are for the purposes of corporate income tax for 2023 considered to be at the “arm’s length” level.
ANNUAL PERSONAL INCOME TAX FOR THE YEAR 2022Individuals - residents, as well as non-residents (for the income earned on the territory of the Republic of Serbia), are obliged to pay Annual Personal Income Tax, if their annual net income, earned in 2022 exceeds the amount of RSD 3,719,376..
AMENDMENTS TO TAX LAWSOn 9 December 2022, the National Assembly of the Republic of Serbia adopted draft amendments and supplements to a set of tax laws.The said amendments are described below in more details.
ANNUAL PERSONAL INCOME TAX FOR THE YEAR 2021 – obligation for filing of tax returnOn 12 April 2022 the Ministry of Finance has published on its website an Explanation regarding the annual personal income tax for 2021 (hereinafter: Explanation), which states, among other things, that there is an...
ANNUAL PERSONAL INCOME TAX FOR THE YEAR 2021Individuals - residents, as well as non-residents (for the income earned on the territory of the Republic of Serbia), are obliged to pay Annual Personal Income Tax, if their annual net income, earned in 2021 exceeds the amount of RSD 3,268,224.
NEW LAW ON ELECTRONIC INVOICINGThe Assembly of the Republic of Serbia adopted the Law on Electronic Invoicing ("Law"), which was published in the "Official Gazette of the Republic of Serbia no. (44/2021)” on April 29, 2021 and which entered into force on May 7, 2021. The beginning of the...
NEW FISCALIZATION LAWThe Assembly of the Republic of Serbia has adopted a new Law on Fiscalization ("the Law") on December 17, 2020, which was published in the "Official Gazette of the Republic of Serbia no. 153/2020)” on December 21, 2020 and which entered into force on December 29, 2020. The...
STATING OF BASE AND VAT IN INVOICES WHEN THE FEE IS CHARGED IN FOREIGN CURRENCYThe new Rulebook on Value Added Tax, which is in application since 1 July 2021, envisages the amendment of the provisions relating to the elements to be contained in the invoice for the supply of goods and services if...
NEW RULEBOOK ON VALUE ADDED TAXIn the Official Gazette no. 37/21, a new Rulebook on Value Added Tax (hereinafter: the Rulebook) was published. It is a unified rulebook that replaces 27 individual rulebooks in the field of VAT that are now in force with the introduction of certain changes, more...