Serbia E-invoicing

Serbia is in the process of introducing mandatory e-invoicing for all taxpayers

Over the coming years, Serbia is set to gradually make e‑invoicing mandatory for all taxpayers.

The Law on Electronic Invoicing that came into force in May 2021, introduces the clearance e-invoicing system and presents the centralised continuous transaction controls (CTCs) platform called SEF (Sistem E‑Faktura) for sending, receiving, capturing, processing and storing structured electronic invoices. Additionally, there is a system to help taxpayers with the processing and storage of invoices called the Sistem za Upravljanje Fakturama (SUF).

The new legislation aims to replace paper invoices with electronic invoices and outlines the requirements for the issuance of e-invoices in B2B and B2G transactions.

Have questions? Get in touch with a Sovos Serbia VAT expert.

Reforms

Under the new e-invoicing framework, e-invoices must be sent and received in accordance with Serbian e‑invoicing standards (custom application of the standard EN 16931-1). All e‑invoices are to be submitted via a centralised platform to the recipient who must accept or reject the invoice.

For B2C transactions specifically, on 1 January 2022 Serbia implemented a security-based approach to ensure the registration of B2C transactions. This approach ensures the Electronic Fiscal Device hardware used by the taxpayer submits data to the tax authority in real‑time.

Quick facts

  • Serbian e-invoices must be issued in an XML format and comply with UBL 2.1 Standard
  • Invoices must be sent and received to EN 16931‑1 standard
  • Taxpayers must register first via the eID.gov.rs portal to start using the SEF platform
  • The Ministry of Finance needs to give consent to the service provider, who needs to be registered in Serbia
  • B2C transactions requiring the Electronic Fiscal Device must be certified and consists of:
    • POS application (certification is mandatory)
    • Fiscal receipt processor
    • Security element
    • The integrity and authenticity of electronic invoices is ensured by issuing electronic invoices through SEF

Mandate rollout dates

May 2021: Law on Electronic Invoicing entered into force

1 May 2022: All suppliers in the public sector must send invoices electronically and the Serbian government must be able to receive and store them. (G2G/B2G)​

1 July 2022: Serbian public entities are obliged to send e‑invoices to companies, who must be able to receive and process them. (G2B)​

1 January 2023: E‑invoicing will be extended to the entire B2B sector. (B2B)​

How can Sovos help?

Need help to ensure your business stays compliant with the emerging mandatory e‑invoicing for all taxpayers in Serbia?

Our experts continually monitor, interpret and codify legal changes into our software, reducing the compliance burden on your tax and IT teams.

Learn how Sovos’ solution to address the changing VAT compliance requirements in Serbia can help companies stay compliant.