Serbia is one popular country that is followed by European countries while implementing the new e-Invoice system. The new system was first planned for January 2022 but then delayed for 6 months. It officially started in May 2022 by supporting the obliged taxpayer with the published documents and workshops. The new e-Invoice system, which first started for B2G transactions in May 2022, continues with the inclusion of G2B transactions in July 2022.
As announced by the government there are 10,609 public entities in the system, who are required to issue, process, receive and store an electronic invoice between public entities. Additionally, when we look at the private entities there are 46,181 obliged private entities in the system, to create an e-Invoice to the public sector entity. So far, 993,882 e-Invoices have been processed by the system.
The next step will continue with B2B transactions which include issuing, processing and keeping e-Invoices between private entities in January 2023, it is neither too late nor too early for companies to integrate their systems into this new process. For more information you can check the Serbia e-Invoice page.