Published forms which shall be submitted by energy efficiency improvement fee payers

In accordance with The Law on Fees for the Use of Public Goods Rulebook on the application form for the registration of the fee payer for improving energy efficiency has been published, the monthly and annual calculation form for the quantities of energy/energy generating products supplied to consumers or put into circulation on the territory of the Republic of Serbia or imported into the territory of the Republic of Serbia, the form of monthly and annual calculation of the obligation to pay the fee, the form of the payment report, and the manner of submitting these forms.

Monthly accounts should be submitted by the fee payer by the 20th of the month for the previous month, while the annual accounts should be submitted by January 31, of the current year for the previous year to the Ministry of Mining and Energy in written form by post and in electronic form to the electronic address published on the website of the competent ministry.

The mentioned Rulebook shall apply as of July 1, 2019.

New regulations related to customs business operations

New regulations in the area of customs operations, which govern customs privileges, protection of intellectual property rights at the border and the conditions for reducing or excluding customs duties on certain goods, have been harmonized, harmonizing the legislation of the Republic of Serbia with the European Union in the area of the customs system:

1) Decree on Customs Privileges

2) Decree on the conditions and method for the implementation of measures for the protection of intellectual property rights at the border.

3) Decision on conditions and manner for reduction of customs duties on certain goods, i.e. for the exemption of certain goods from payment of customs duties in 2019 (in cases where goods originate from countries with which the Republic of Serbia has concluded a free trade agreement, the tariff rates defined by those agreements shall apply).

The said Decrees and Decision shall apply from June 17, 2019.

Deadline for submission of regular annual financial statements and fiscal balance sheet

Regular annual financial statements of legal entities whose business year ended on Dec. 31, 2018. should be delivered no later than June 30, 2019.
In addition to the regular annual financial statements, legal entities are obliged to submit to the Business Registers Agency the following documents:
– Decision on adoption of regular annual financial statements
– Decision on the distribution of profit, that is, covering the losses according to the regular annual financial statement
– Annual business report if they are obliged to compile it
– An audit report, if the legal entity has an obligation to audit the financial statements
The legal deadline for compiling and submitting the Fiscal Balance Sheet is 180 days from the date of expiry of the period for which the tax is determined. Bearing in mind that on June 29th, the deadline for filing a tax return for determining corporate income tax and Fiscal Balance Sheet for 2018 is the first following business day, i.e. July 1, 2019.

Reference interest rate stays at 3%

At the session held on June 6, 2019, the Executive Board of the National Bank of Serbia decided to keep the reference interest rate at 3.0%. The next session of the Executive Board should be held on July 11, 2019.