Serbia implements New Law on Fiscalization

Natasa Nedic

Eurofast Global D.O.O.

The new law adopted in late December 2020 regulates the subject of fiscalization and its process through an electronic device as well as the content of the fiscal account.

The government aims at a system that will ensure the registration of any retail in goods and services  through an electronic fiscal device.

The fiscalization system will facilitate the economy to a great extent but most importantly will reduce significantly the grey economy and improve the tax collection.

Emphasis must be put on that even the received advanced payment from the customer must be recorded and fiscalized with the fiscal device.

Finally, the state announced that will finance up to 8 billion RSD for the new software solutions and fiscal cash registers, prescribed by the new Law, without imposing on businesses. 

The law will be effective January 1st, 2022.  

For further information, please contact Ms Natasa Nedic, Head of Coordination Western Balkans, at our Eurofast office in Serbia at This email address is being protected from spambots. You need JavaScript enabled to view it..  

XLNC ARCHIVE| 31 May 2021


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