Although the Law on the Central Register of Ultimate Beneficial Owners, originally published in the Official Gazette of the Republic of Serbia, No. 19/2025, came into force on March 14, 2025, and was initially scheduled for application after 18 months, the amendment...
Do gifts given to female employees on March 8th incur payroll taxes? As March 8th – International Women’s Day approaches, one of the most common questions employers ask is:Are gifts provided to female employees considered taxable income and subject to payroll...
We remind all companies that the deadline for submitting reports on special waste streams for the calendar year 2023 is April 1, 2024. The Environmental Protection Agency publishes a list of obligated entities that are required to pay the product fee for items that...
Legal entities and entrepreneurs are required to submit their 2024 property tax returns using the electronic PPI-1 form no later than April 1, 2024, via the online platform www.lpa.gov.rs. Property tax liability applies to all individuals and legal entities that hold...
The Constitutional Court of the Republic of Serbia has ruled, based on a submitted initiative, that certain provisions of the law applied in determining salary compensation during maternity leave are unconstitutional. In short, the contested provisions referred to the...
The liquidation of a company through the regular procedure typically lasts just over 120 days. To initiate liquidation, the first step is to engage a legal professional (attorney). The attorney will prepare the documentation for initiating liquidation proceedings and...
An entrepreneur is free to dispose of their business profit, i.e., their net income. Net income (profit) represents the amount remaining after all business expenses have been covered from the revenues. This applies to both: Flat-rate entrepreneurs (paušalci), and...
Founders employed in their own legal entities have the same rights and obligations as other employees who do not hold equity in the company. Accordingly, a founder employed in their own company may be entitled to a bonus as a form of reward for contributing to the...
Business profit, the goal of every business endeavor and the financial "fuel" of your company, receives special attention at the end of the fiscal year, when accounts are reconciled and financial statements are prepared. During this period, entrepreneurs often compare...
The deadline for submitting the application for the Environmental Protection and Enhancement Fee for the year 2025 is April 30, 2025. Applications must be submitted electronically via Form 1 on the Local Tax Administration portal: www.lpa.gov.rs. Taxpayers are...
Citizens of the Republic of Serbia who earned a total annual income exceeding RSD 5.439.096 in 2025 are subject to the annual personal income tax for that year (commonly referred to as the "extra income tax"). Individuals whose total income in 2025 is below this...
Beginning January 1, 2026, a phased introduction of the electronic delivery note (e-Delivery Note) system will commence. Participants in the system will include: Public sector entities Private sector entities (defined as VAT-registered entrepreneurs and companies, as...
The Chamber of Commerce and Industry of Serbia has adopted a Decision on the Amount, Method, and Deadlines for Payment of the Unified Membership Fee and Financing of the Chamber of Commerce of Serbia for the Year 2025. This Decision was published in the Official...
One of the most common year-end HR and accounting topics is the distribution of New Year and Christmas gift packages to employees’ children. This article explains when such gifts are tax-exempt, what the legal conditions are, what the non-taxable threshold is, and...
The topic of archiving business documentation came into focus in 2020, when the new Law on Archival Materials and Archival Activities was adopted. This Law introduced new obligations for the business sector related to sorting, storing, and destroying paper...
Yes – foreign citizens can register a company in Republic of Serbia, without any specific limitation. The most common type of business entity that has limited liability in Serbia is limited liability company (in Serbian: društvo ograničene odgovornosti). Company...
A large number of documents are created during the company operation. Certain documents are created by the company or entrepreneur itself, while others come from outside - from suppliers, customers, commercial banks, accountants, and government authorities. During the...
The employer can pay the employee an aid upon emploee's child birth, if such a gift was defined in Labor Rulebook or employment contract. This possibility is regulated by Article 120 of the Labor Law of Republic of Serbia. This is an option, not an obligation for...