VAT in Serbia

1. What is the VAT in Serbia?

The VAT law in Serbia dates from 2005. The standard VAT rate that applies in Serbia is 18% for a wide range of goods and services. A reduced VAT rate of 8% is levied on certain services and goods, such as food, textbooks, medicines, accommodation, firewood, natural gas or newspapers. Foreign grants and donations are not subject to VAT in Serbia.

2. How can I get a VAT refund in Serbia?

VAT can be refunded in Serbia. In order to receive a VAT refund in Serbia, a company owner can choose to perform the procedure himself or hire a firm that takes care of all documents. The procedure for VAT refund in Serbia starts with the submission of an application form with the local tax authorities. The file should also include a certificate of VAT status and all the invoices from the period that the VAT refund application refers to. The claim has to be issued in the local language.

3. How can I register for VAT in Serbia?

Registration for VAT in Serbia is compulsory for companies that perform activities which are subject to VAT. Since 2008, organizations with an annual turnover less than 4,000,000 dinars are exempt from VAT. In order to register for VAT in Serbia, the owners of the company have to file a form at the local tax authorities. This form must have some attachments, such as extracts of articles of association, address and other information requires. The procedure of VAT registration in Serbia is completed when the Serbian tax authorities issue a VAT number for the company.

4. How does intra-community VAT work in Serbia?

Serbia is not a member state of the European Union, therefore Serbia is not subject to any special VAT regime for intra-community transactions or acquisitions of goods between states belonging to the EU.