On 26 October 2026, Serbia enacted amendments to the Value Added Tax Law, implementing changes to place of supply rules for electronically supplied services, adjusting exemptions for financial services, and introducing a mandatory digital reporting regime for cross-border transactions. The amendments transpose EU VAT Directive 2022/542 provisions into national law. Notably, the place of supply for B2B event organization services is now explicitly tied to the customer’s establishment, and a new VAT exemption for small enterprises with turnover below RSD 8 million is introduced effective 1 January 2027.
Key Takeaways
- Place of Supply for Events: Services related to organizing business events supplied to foreign taxable persons are taxed at the customer’s location, requiring Serbian providers to verify foreign VAT numbers.
- Digital Reporting: Taxpayers engaged in cross-border trade must submit monthly recapitulative statements electronically via the e-Porezi portal.
- Small Business Exemption: Enterprises with annual turnover below RSD 8 million may opt for VAT exemption, simplifying compliance for micro-businesses.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement