The provisions of Article 4 of the Law on Electronic Invoicing ("Official Gazette of the Republic of Serbia", No. 44/21 and 129/21 - hereinafter: ZEF) regulate a special obligation for electronic recording of value added tax calculations.

 

The beginning of the implementation of the obligations prescribed by the ZEF, including the special obligation of electronic recording of value added tax calculations, is regulated by the provisions of Article 24 of the ZEF.

 

Namely, the provision of Article 24, paragraph 4 of the ZEF prescribes the obligation of public sector entities to electronically record the calculation of value added tax starting from May 1, 2022.

 

In accordance with the provisions of Article 24, paragraph 6 of the ZEF, the obligation of a private sector entity to receive and store an electronic invoice issued by a public sector entity, as well as electronic invoices issued by a private sector entity, shall apply from July 1, 2022.

 

According to paragraph 8 of the same article of the ZEF, the obligation of electronic recordkeeping in relation to transactions referred to in Article 4 of this law, except for transactions in which one of the parties is a public sector entity, shall apply from January 1, 2023.

 

In accordance with the aforementioned legal provisions, the following have a special obligation to electronically record the calculation of value added tax from Article 4 of the ZEF:

- public sector entities – starting from May 1, 2022;

- private sector entities – starting from January 1, 2023.