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.
Fiscal Benefits and Direct Aid to Private Sector and Citizens
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The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.
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