Serbia — Regulatory Summary
Serbia (RS) Regulatory Requirements
Overview
- Country Code: RS
- Currency: RSD (Serbian Dinar)
- EU Status: Candidate
- Open Banking: PSD2-aligned (deadline Jan 2026)
- Payment System: IPS Serbia (instant 1-sec) + SEPA member (May 2025, full ORD May 2026)
VAT (PDV - Porez na dodatu vrednost)
| Rate Type | Rate | Description |
|---|---|---|
| Standard | 20% | General goods and services (opšta stopa) |
| Reduced | 10% | Food, medicines, utilities (snižena stopa) |
| Zero | 0% | Exports, international transport |
Registration Threshold: 8M RSD annual turnover Return Frequency: Monthly (>50M RSD) or Quarterly (<50M RSD) Filing Deadline: 15th of following month Portal: ePorezi
Corporate Income Tax (CIT - Porez na dobit)
- Rate: 15% flat
- Filing Deadline: June 30 (for previous fiscal year)
- Payment: Quarterly advance payments
Withholding Tax (WHT)
| Type | Rate |
|---|---|
| Dividends | 20% |
| Interest | 20% |
| Royalties | 20% |
Small Business Regime (Pausal)
- Threshold: <6M RSD annual turnover
- Taxation: Simplified lump-sum based on activity type
- Benefits: Reduced compliance burden, no VAT registration required
E-Invoice (SEF - Sistem e-Faktura)
Platform: https://efaktura.gov.rs Status: Operational Mandatory Since:
- B2G (government suppliers): May 2022
- B2B (business-to-business): January 2023
Format: UBL 2.1 XML API: Available for integration (API docs)
Penalties: 50,000 - 2,000,000 RSD for non-compliance
Coming: eOtpremnica (e-waybill) expected 2026/2027
Fiscal Devices (B2C)
Required for: Cash sales (retail, restaurants, etc.) Systems:
- LPFR (Local Printer with Fiscal Register)
- ESIR (Electronic System for Invoice Registration)
Chart of Accounts (Kontni okvir)
Regulation: Pravilnik o kontnom okviru (2021) Structure: 10-class system (0-9)
- Class 0: Fixed assets & long-term placements
- Class 1: Inventory / Short-term credits
- Class 2: Short-term receivables, cash
- Class 3: Capital
- Class 4: Long-term provisions & liabilities
- Class 5: Expenses
- Class 6: Revenue
- Class 7: Financial income
- Class 8: Financial expenses
- Class 9: Operational accounting
Accounts: 3-digit base accounts (standardized), 4-5 digit analytical accounts (company-specific)
Financial Statement Filing
Institution: APR (Agencija za privredne registre) URL: https://www.apr.gov.rs Deadline: June 30 Required Statements:
- Balance Sheet (Bilans stanja)
- Income Statement (Bilans uspjeha)
- Cash Flow Statement (large entities only)
- Statement of Changes in Equity (large entities only)
Document Retention: 10 years
Bank Integration
Format: ISO 20022 (CAMT.053 for statements, pain.001 for payments) Instant Payments: IPS Serbia (1-second settlement) SEPA: Full member since May 2025
Accounting Standards
Mandatory: IFRS (International Financial Reporting Standards) for large entities and PIEs (Public Interest Entities) Optional: IFRS for SMEs for smaller entities Fallback: Serbian accounting regulations for micro entities
Key Dates
| Event | Deadline |
|---|---|
| VAT return | 15th of following month |
| CIT advance payment | Quarterly |
| CIT annual return | June 30 |
| Financial statements filing | June 30 |
Implementation Notes
- Package:
@bilko/country-rs - SEF integration: Priority for B2B launch
- Pausal regime: Important for small business market
- Serbian language: Latin and Cyrillic script support needed