|EU Member State||No|
|Standard VAT/GST rate||20%|
|Reduced VAT/GST rate||10% / 0%|
|VAT registration limit for established businesses||Yes|
|VAT registration limit for non-established businesses||No|
|VAT return filing periods||Monthly|
|Annual VAT returns||N/A|
|Additional reporting requirements||Yes|
|VAT recovery by non-established non-EU businesses||Only if non-established businesses do not perform any supply of goods or services in Serbia, except for international transportation services.|
|Fiscal representative required for non-EU businesses||Yes|
|Statute of limitations||The statute of limitations period for assessment of tax liabilities is five years from the year in which tax should have been assessed. The statute of limitations for collection of tax liabilities is five years from the year in which tax was due for payment. This is with the exception of pension insurance contributions, which do not become statute barred.
The statute of limitations commences from 1 January of the year following the year in which the tax return/liability was due.