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Serbia Provides Deferral of Tax and Contributions on Salary and Other Benefits for COVID-19

15 April 2020

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Approved Changes

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Serbia

Serbia published in the Official Gazette on 10 April 2020 the Regulation on benefits to private sector entities and financial assistance to citizens to mitigate the economic impact of COVID-19. For companies, the benefits include: a deferral of the payment of taxes and social insurance contributions on employee salaries and wages for the months of March, April, and May 2020, which can be deferred up to 4 January 2021, with the possibility of payment in up to 24 monthly installments; and a deferral of the payment of advance corporate income tax for the months of March, April, and May 2020,...