HomePage | Contact Us | About Us

Serbia V.A.T. and Other Taxes

Serbia Tax section was written by Branka Buric

The standard VAT rate in Serbia is 18%. There are reduced rates of 8% and 0%.
VAT is charged on sale of goods and services, as well as on imports (with exception of exports of goods that are usually taxed with 0%) to Serbia.
Exports from Serbia are not subject to Value Added Tax.
Income from financial services, such as insurance and banking services, investment income are exempt from VAT.
Any business the annual turnover of which exceeds 2 million Dinars (approximately 23 000 Euro) in 12 months (or whose owner, at the beginning of their business estimates that the business turnover will exceed that amount) becomes a VAT taxpayer.
VAT at the rate of 8% is payable on the following:
1) Bread, milk, flour, sugar, edible sunflower, maize, rape, soybean and olive oil, edible animal and vegetable fats; fresh and frozen fruits and vegetables, meat, fish, and eggs.

PURCHASE TAX

Purchase tax in Serbia is payable in Serbia on transfer of ownership of real property, land, and assets.
The tax of 5% is imposed on the seller.

PROPERTY TAX
The property tax rates in Serbia are as follows:

On ownership to real estate of a taxpayer who does not keep books:

Tax Base	Payable Tax
Up to 6,000,000 din. (~68,960 €)	0.40%
6,000,000 to 15,000,000 din. (~68,960 to 172,400 €)	24,000 din. +0.80% on the amount exceeding 6,000,000 din.
15,000,000 to 30,000,000 din. (~68,960 to 172,400 €)	96,000 din. + 1.50% on the amount exceeding 15,000,000 din.
Over 30,000,000 din. (~172,400 €)	321,000 din. + 2% on the amount exceeding 30,000,000 din.

On the rights to registered shares and interests in limited liability companies - 0.25%.

Serbia and Montenegro Homepage | Security Policy | Terms of Service