(Official Gazette n.84/04, 86/04, 61/05, 61/07, 93/12, 108/13, 68/14; federal law n. 142/14, 83/15, 108/16 and 113/17)

The National Assembly of the Republic of Serbia has adopted amendments to the VAT (Value Added Tax) Law on the 19th April 2018. Amendments entered into force on the 28th April 2018, but majority of them will be applied as of 1st July 2018. The exception is the amendment to the article which regulates VAT refund to non-resident taxpayers, which shall apply as of 1st January 2019

1. The Amendments stipulate that VAT liability arises at the moment when the invoice is issued for transfer, assignment or lease of copyrights and other related intellectual property rights (such as patents, licenses, trademarks and others), but also for the services provided in direct connection with them, assuming that they are provided by the same person.
2. In the Article 24 of the VAT Law is added an amendment which provides non-payment of VAT on the supply of goods which are brought into the free zone, transport and other services that are directly connected with the entry and movement of goods in free zones. The legal basis for non-payment is fulfilled if the non-resident has concluded contract for installation of goods into goods intended for export to the VAT taxpayer, which is the user of the free zone. In this regard, Article 53 has also been altered with the adding of a provision which provides that VAT refund is to be allowed for a non-resident taxpayer who performs supplies of goods and services in the Republic of Serbia, if a tax debtor for such supply is deemed to be a registered VAT payer – recipient of goods or services.