On the 8th of January 2019, the Bureau for the Prevention of Money Laundering adopted the Guidelines for determining the Beneficial Ownership of the legal entities and the adjoining Guidelines [...]

On the 31st of December 2018, the Serbian Business Register Agency implemented the Register of Beneficial Ownership. All resident-companies as well as branch offices and the representative offices of non-resident [...]

Treatment of Fixed Assets under the new Corporate Profit Tax rules, amended IFRS 16 coming into force and changes in Property Tax Law – making it easier or less easy [...]

Application of Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) from 1 January 2019 to WHT in transactions between Serbian residents and [...]

By entering into bilateral agreements on avoidance of double taxation, in order to properly apply all provisions in the agreement countries are trying to determine the rules on taxation of [...]

Cross-border transaction legislation in the region (Bosnia and Herzegovina, Croatia, Macedonia, Montenegro, Serbia) has been one of the main cause of „pain“ for the foreign investors over the past decade. [...]

Serbia is among the countries that have in general adopted standard transfer pricing methods as a mandatory part of the Corporate Profit Tax Act, among those also profit split methods. [...]

Tax residency certificate is still an ambiguous proof of residency that formally allows you to use the benefits under the Double Taxation Avoidance Treaty (DTA) or apply the beneficiary tax [...]