Serbia Regulatory Updates August 2024
SEF 3.9 and E-Invoicing Rulebook

Serbia is implementing significant updates to its e-invoicing system, with amendments to the e-invoicing rulebook and a new SEF system update (version 3.9) scheduled to take effect on September 1, 2024. These changes are crucial for businesses aiming to remain compliant with Serbia’s evolving tax regulations.

1. Key Amendments to the E-Invoicing Rulebook

The Ministry of Finance published amendments in the official gazette no. 65/2024 on August 2, 2024. These amendments will generally apply as of September 1, 2024, focusing primarily on electronic recording of input VAT for tax periods starting on or after that date.

Key updates include:

• Defining the status of entities and tax periods.
• Updated tax categories.
• Separate invoicing requirements for building supplies.
• Enhanced processes for electronically logging input VAT.
• Revised information requirements for input VAT records.
• Automated data entry procedures.
• New deadlines for recording VAT and input VAT electronically.
• Mandatory attachment of delivery notes to e-invoices.

2. SEF System Update 3.9 Now Available on DEMO Environment

SEF system version 3.9 has been released on the DEMO environment in line with the regulatory changes. This update introduces new features aimed at supporting the recent rulebook amendments.

Available resources for download:

• A document detailing the functionalities and changes introduced in SEF 3.9, along with the updated Internal Technical Guide.
• A comprehensive User Guide for electronic VAT registration, including examples and step-by-step instructions for the user interface.

Important Notes for Businesses

Users accessing SEF via the application interface should know that additional adjustments might be required. The SEF system update 3.9 will be fully implemented in the production environment on September 1, 2024.

These updates are essential for businesses operating in Serbia to ensure compliance with the latest electronic invoicing and VAT regulations.