ISSN 1452-6662
Over 150 up-to-date legal acts of the Republic of Serbia translated to English.
Group: TAXATION SYSTEM IN SERBIA, ACCOUNTING AND AUDITING
Issue: LEGAL ENTITY PROFIT TAX LAW
Published in the Službeni glasnik RS, Nos. 25/01 of 18 April 2001, 80/02 of 26 November 2002, 80/02 of 26 November 2002 (other law), 43/03 of 22 April 2003, 84/04 of 24 July 2004, 18/10 of 26 March 2010, 101/11 of 30 December 2011, 119/12 of 17 December 2012, 47/13 of 29 May 2013, 108/13 of 6 December 2013, 68/14 of 3 July 2014 (other law), 142/14 of 25 December 2014, 91/15 of 5 November 2015 (Authentic Interpretation), 112/15 of 30 December 2015, 113/17 of 17 December 2017, 95/18 of 8 December 2018 and and 86/19 of 6 December 2019
Section: I. TAXPAYER

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  • Kinds of Taxpayers
     Article 1

    A legal entity profit taxpayer (hereinafter: a taxpayer) shall be any company, or enterprise or other legal entity that is established in order to conduct business operations for profit.

    A taxpayer shall also be any co-operative that earns income by selling products on the market or providing services for a fee.

    A taxpayer under this Law shall also be some other legal entity that is not established for profit, but with a view to achieving other objectives as laid down in its rules and regulations in accordance with the law, if it earns income by selling products on the market or by providing services for a fee (hereinafter: non-profit organisation).

    A non-profit organization referred to in paragraph 3 of this Article shall be understood to mean, in particular: institution founded by the Republic of Serbia, autonomous province, local self-government unit, political organization, trade union organization, chamber, church and religious community, association, foundation and endowment.

    Notwithstanding paragraphs 1 to 3 of this Article, a legal entity that, in accordance with the law governing taxation of a special tax by the ship tonnage, shall meet the requirements and decide, in accordance with the law, instead of the tax for a part of the profit, to pay a special tax by the ship tonnage, for that part of the profit shall not be a taxpayer in accordance with this Law.

     

    NOTE OF THE PUBLISHER: The provision of Article 1, paragraph 5 shall apply on the effective date of the law governing taxation through a special ship tonnage tax (see Article 20 of the Law - 47/2013-9 and Article 1 of the Law - 142/2014-192).

  • Residents and Non-residents
     Article 2

    Any taxpayer referred to in Article 1 of this Law shall be a resident of the Republic of Serbia (hereinafter: resident taxpayer) who is subject to taxation for any profit it generates in the territory of the Republic of Serbia (hereinafter: the Republic) and outside it.
    For the purposes of this Law, any resident taxpayer shall be a legal entity formed or having its place of actual management and control in the territory of the Republic.

  • Article 3

    Any non-resident of the Republic (hereinafter: non-resident taxpayer) shall be subject to taxation for any profit it generates through a permanent operating unit in the territory of the Republic in the way prescribed by this Law, unless otherwise stipulated by an international double taxation avoidance agreement.

    For the purposes of this Law, any non-resident taxpayer shall be a legal entity formed and having its place of actual management and control outside the territory of the Republic.