Serbia
Vat Registration Thresholds Mandatory registration for businesses with taxable turnover exceeding RSD 8,000,000 (approx. €67,000).
Vat Rates Standard rate of 20%, with reduced rates for some goods and services (e.g., 10% for certain goods).
Vat Registration Process Businesses must register with the Serbian Tax Administration, including non-resident businesses with taxable activity.
Taxable Transactions Taxable goods and services, including cross-border transactions.
Registration Exceptions Small businesses with turnover under the threshold can apply for VAT exemption or simplified registration.
Vat Filing Frequency VAT returns are filed quarterly or annually for small businesses. Monthly returns for large businesses.
Intra Community Transactions Serbia applies VAT to both domestic and international transactions, and has agreements with EU countries.
Exemption Schemes Exemptions available for small businesses and for certain sectors.