Fiscal Benefits and Direct Aid to Private Sector and Citizens

Fiscal Benefits and Direct Aid to Private Sector and Ci

The Government of Serbia has adopted the Decree on Fiscal Benefits and Direct Aid to Companies in the Private Sector and Monetary Aid to Citizens Aimed at Reducing Economic Consequences due to COVID 19 (Decree).


The Decree was published in the Official gazette of Serbia No 54 on 10 April 2020 and comes into force on the same day.

The procedure and manner of deferral of liabilities for taxes and social security contributions, as well as the form that large entities will submit for payment of grants will be prescribed by the special rulebook of the Ministry of Finance.

Classification of entities on micro, small, medium and large is made based on 2018 financial statements for the purposes of application of the Decree. Entities established in 2019 and 2020 are considered small entities.

Entities opting for fiscal benefits and direct aid cannot pay dividends until the end of 2020.

In PDF below is an overview of the measures and issues that need to be addressed.

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