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Serbia Tax Information

20% PDV

PDV (VAT) is 20% standard, 10% reduced. Registration above RSD 8 million turnover. Source: Serbian Tax Administration.

Contractor Services to Invoice

  • Labor charges
  • Material costs
  • Equipment rental
  • Permit fees
  • Subcontractor work
  • Change orders
  • Warranty work

Invoice Requirements in Serbia

PIB number
MB (registration)
Client PIB
Invoice number
PDV breakdown
Total in RSD

Payment Terms

Progress billing at milestones. Retain 5-10% until final inspection.

Готовина15 дана30 данаРок

Payment Methods in Serbia

Bank TransferCredit CardCashPayPal

Contractor Invoice Tips

  • Break down materials and labor
  • Reference permits
  • Document change orders
  • Include lien waiver language
  • Track progress payments

Frequently Asked Questions

What tax rate applies to contractor invoices in Serbia?

Serbia has 20% PDV. PDV (VAT) is 20% standard, 10% reduced. Registration above RSD 8 million turnover. Source: Serbian Tax Administration.

What payment methods are common for contractors in Serbia?

Common payment methods in Serbia include: Bank Transfer, Credit Card, Cash, PayPal. Progress billing at milestones. Retain 5-10% until final inspection.

What should contractor invoices include in Serbia?

Your invoice should include: PIB number, MB (registration), Client PIB, Invoice number. For contractor services specifically, also include: Labor charges, Material costs, Equipment rental.

How should contractors bill for projects?

Progress invoicing at milestones. Break down labor, materials, and subcontractor costs.

How do contractors handle material markup?

15-25% markup is standard. State policy in contracts.

What PDV rates apply?

Serbia has 20% standard VAT and 10% reduced rate for essential items. Some goods and services are exempt.