Europe · Tax guide

Serbia

Serbia taxes company profits at 15%, charges VAT at 20%, requires all business invoices to go through the SEF e-invoicing system, and withholds 20% on payments abroad. Taxes are administered by the Tax Administration (Poreska uprava).

Updated 1 October 2026 · 0 of 4 figures checked against official sources

Check your obligations

At a glance

Corporate income tax: 15%
VAT: 20%
Withholding on payments abroad: 20%

Corporate income tax

Companies pay 15%, with monthly advances and an annual return within 180 days of the year-end.

VAT and SEF e-invoicing

VAT is 20%. Registration is required once turnover exceeds RSD 8,000,000 in twelve months. All business-to-business and business-to-government invoices go through the SEF e-invoicing system, and retail sales use fiscal devices.

Withholding tax

Payments to non-residents carry 20% withholding, with a higher rate for tax havens, unless a treaty reduces it.

Key dates

Monthly or quarterlyVAT return
Within 180 days of the year-endCorporate income tax return

Figures and sources

4 figures

Corporate income tax rate15%

Corporate Income Tax Law, Art. 39
Under professional review
Standard VAT rate (10% reduced)20%

VAT Law, Art. 23
Under professional review
Withholding on dividends, interest, royalties and services paid to non-residents20%

Corporate Income Tax Law, Art. 40
Under professional review
Annual turnover above which VAT registration is requiredRSD 8,000,000

VAT Law, Art. 33
Under professional review

Indicative only. This assessment is a high-level overview of tax obligations in Serbia based on the information you provided and rules in force for 2026. It is not tax or legal advice. Consult a qualified tax adviser in Serbia (a Serbian tax adviser) before making compliance decisions.