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Serbia Ratifies Pending Tax Treaty with Singapore

07 July 2021

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Treaty Development

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Serbia-Singapore

On 1 July 2021, Serbia published in the Official Gazette the law for the ratification of the pending income tax treaty with Singapore. The treaty was signed on 26 February 2021 in Singapore and on 5 April 2021 in Serbia and is the first of its kind between the two countries. The treaty will enter into force once the ratification instruments are exchanged and will apply in Serbia from 1 January of the year following its entry into force and will apply in Singapore in respect of withholding taxes from 1 January of the year following its entry into force...