Serbia: VAT registration, foreign suppliers of electronically supplied services

Serbia: VAT registration, electronic services

Changes to the value added tax (VAT) law in Serbia, effective in 2017, include provisions with respect to the VAT liabilities of foreign entities.

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Under the new VAT rules in Serbia, foreign entities are required to register for VAT in Serbia, via a tax proxy, on providing supplies that are taxable in Serbia to entities that are not registered for VAT purposes. Accordingly, foreign entities that make electronically supplied services to entities not registered for VAT in Serbia (e.g., individuals) are required to register for VAT via the appointment of a VAT proxy.

As of 1 April 2017, there are new provisions applicable to the "place of supply" of services, and the rules are generally harmonized with EU rules. These changes, however, do not affect the rules for electronically supplied services because these services are taxable according to the place of the recipient—whether or not the services are supplied to VAT payers or not.

 

Read a March 2017 report [PDF 580 KB] prepared by the KPMG member firm in Serbia

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