Amendments to the Rulebook on the Content of the Corporate Income Tax Return (“Official Gazette of the Republic of Serbia,” No. 21/2025, “Rulebook”) introduce new obligations for companies regarding reporting and tax return submission, which came into force on March 14, 2025.
According to the amendments, the definition of a taxpayer submitting a corporate income tax return has been expanded to include companies that are legal successors of entities undergoing status changes, such as demergers and spin-offs.
The legal successor of a company that has undergone a status change is required to submit a Report on the Implementation of the Division of Rights and Obligations of the Legal Predecessor to the Tax Administration. This report includes data transferred to the taxpayer following the status change, specifically:
- A report on public revenues
- An overview of tax benefits
- Data on assets and liabilities
In the corporate income tax return, the date of the decision on liquidation is no longer a key reference point. Instead, the relevant date will be the date of the decision by the Serbian Business Registers Agency (APR) approving the registration application for deletion or termination of the liquidation process.
The obligation to submit a tax return also applies to the deletion of branches of foreign companies. This means that foreign companies must submit a tax return in accordance with the new Rulebook amendments, just like domestic legal entities.
Companies whose liquidation process is completed or terminated on or after January 1, 2025, must submit a tax return in accordance with the provisions of the amended Rulebook.
For additional information or consultations, the Tasić & Partners team is at your disposal.