The Ministry of Finance’s position is that individual (personal) income tax and social security contributions must be remitted with respect to certain unpaid corporate directors.
Opinion no. 011-00-1137/2018-04 (June 2018) sets forth that there is an obligation to pay individual income tax and mandatory social security contributions when concluding a contract with respect to corporate directors (without establishing an employment relationship) when the directors, who are neither the founders nor members of the company, do not receive any remuneration for their work.
Read a July 2018 report [PDF 496 KB] prepared by the KPMG member firm in Serbia
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