The Serbian authorities introduced the new e-invoicing law on May 7th, 2021 in the Official Gazette of the Republic of Serbia, aiming at strengthening the country’s economy and competitiveness as well as combating tax evasion.
The adopted law will take effect in stages and regulate the areas of sending, receiving, and storing e-invoices for all local governments, public companies, and institutions. The law includes a three-phase implementation timeline and is now reaching the final phase: obligation to issue e-invoices between all private entities.
- 1 May 2022: G2G e-invoicing, B2G issuance of e-invoices to public sector
- 1 July 2022: G2B issuance of e-invoices to private sector entity, B2G and B2B receiving and storing e-invoices from public and private sector entities
- 1 January 2023: B2B issuance of e-invoices
“We are excited to see the digital developments happening in Serbia, something that will help businesses streamline operations and also aid the country’s economy as a whole, by enabling smooth and digital cross-border trade. We will continue to follow the developments closely and stand ready to help businesses comply with the upcoming obligations and support them in their digital transition,” says Bengt Nilsson, CEO of Pagero.
With Pagero’s solution businesses will be able to issue and receive invoices via SEF and meet the upcoming e-invoicing and CTC requirements in Serbia.
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Get an overview of the upcoming e-invoicing requirements and learn how to comply with the Serbian mandate.
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