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