Serbia: Changes to the law on e-invoicing
Parliament adopted amendments to the law on electronic invoicing
Parliament adopted amendments to the law on electronic invoicing
The Serbian Parliament on 9 December 2022 adopted amendments—effective 1 January 2023—to the law on electronic invoicing (e-invoicing) that provide:
- The law does not apply to individuals who are not payers of self-employment tax.
- The National Bank of Serbia is considered to be a public sector entity.
- Electronic invoices must be issued for all requests for payment to a public sector entity, subject to certain exceptions.
- Electronic recording of value added tax (VAT) is done cumulatively, for all obligations, by showing data on tax base and calculated VAT, separately per tax rates, subject to certain exceptions.
- Subsequent acceptance of e-invoices is allowed.
Read a December 2022 report [PDF 316 KB] prepared by the KPMG member firm in Serbia
The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. 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. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 3712, 1801 K Street NW, Washington, DC 20006.