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Serbia issues amendments to its law on e-invoicing

Wednesday 29th November, 2023

Last month, the Serbian government adopted the Proposal for amendments and additions to the Law on Electronic Invoicing, which will take effect from 1 January 2024.

The law will amend the existing regulations, impose the obligation of electronic recording of input VAT and reduce the deadline in which electronic recording of the VAT calculation must be performed. According to blog item from Kofax

The amendments will trigger the following changes:

The information on the business account of recipients is no longer prescribed as a common element of the electronic invoice, whereas the tax category has been added as a new common element of the e-invoice.

The deadline for electronic recording of VAT calculations will be shortened from 15 to 10 days following the conclusion of the tax period. Taxpayers can enter any corrections with respect to the recorded VAT calculation if there is a change before the deadline for submission of the tax return that has an impact on the electronic recording of the VAT calculation.

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