VAT refund for a foreign taxpayer in Serbia

A foreign VAT payer in Serbia has the opportunity to submit a request for a VAT refund for goods and services procured in Serbia.

Conditions for VAT refund

1) VAT for trade of goods and services is indicated in the invoice, in accordance with the VAT Law, and the invoice was paid;

2) The amount of VAT for which the VAT refund application is submitted is greater than 200 EUR;

3) The conditions under which the VAT taxpayer may be entitled to a VAT deduction for these goods and services are fulfilled in accordance with VAT Law;

4) Foreign taxpayer doesn’t  carry out trade of goods and services in Serbia, except for the following:

a) trade of services of transport of goods which are, in accordance with the Art. 24, par. 1, items 1), 5) and 8) of the VAT Law exempt from VAT;

b) trade of services of passenger transport which, are subject to individual taxation of transport;

c) trade of goods and services with reverse charge mechanism

5) The VAT refund is made on the condition of reciprocity.

 

Procedure for VAT refund / Documents needed

VAT refund is submitted via Tax Representative in Serbia. Required documents:

  • PoA signed by the legal representative of foreign taxpayer
  • Extract from business register of foreign taxpayer

The VAT refund can be submitted once a year, and no later than 30 June of the current year, for goods and services procured in Serbia in the previous calendar year. Required documents:

  1. Certificate of registration for VAT, issued by the tax authority of the state in which the seat of the foreign taxpayer is located
  2. Paid invoices for purchased goods or used services in Serbia with specification
  3. Proof that invoices had been paid

 

Deadlines for refund

Tax Administration, after checking the fulfillment of the conditions for refund, decides on the request within 30 days from the day of submitting the request 

  • and delivers the decision to the applicant.
  • Refund in made within 15 days from the date of delivery of Decision on VAT refund, directly to bank account of foreign taxpayer.

 

List of reciprocity countries

  • The Netherlans
  • Slovakia
  • Croatia
  • Denmark
  • Austria
  • Bosnia and Herzegovina
  • Belgium
  • Montenegro
  • Macedonia
  • Slovenia
  • Germany
  • Great Britain
  • Turkey (the cost of fuel, spare parts and maintenance and repairs related to transport, as well as the purchase of goods and services exclusively in connection with participation in trade fairs and exhibitions)
  • Switzerland
  • Norway
  • Romania
  • Hungary