Recent amendments to the Rulebook on the content of the tax return for the calculation of corporate income tax (“Official Gazette of RS”, No. 21/2025). These changes bring new obligations for companies in connection with reporting and submission of tax returns, which have far-reaching implications for the business operations of companies in Serbia.
One of the most important novelties is the expansion of the definition of a taxpayer. Namely, in addition to companies that operate regularly, the new Rulebook now includes legal successors of companies that have gone through status changes, such as divisions and spin-offs. This shift means that companies that experience these changes now have special obligations towards the Tax Administration, which creates additional responsibility for all legal followers.
Report on the implementation of status changes: New requirements for tax returns
According to the changes, the legal successors of companies that have gone through the division or separation procedure are now obliged to submit a detailed report on the implementation of those changes. This report should include:
Report on public income – Includes data on the income that the company achieved during the period before the status change.
Overview of tax benefits – Data on tax benefits and benefits that were related to the previous company.
Information on assets and liabilities – Data that specify all assets and liabilities that have been transferred to the new obligee according to the agreed terms of division or separation.
For legal followers who have gone through these changes, the obligation to submit this report means greater responsibility towards the Tax Administration and the obligation to provide accurate and up-to-date information. This report must be submitted within the deadline set by the Tax Administration, otherwise they face penalties for not implementing the new rules.
New reference date for the tax return
Another key change concerns the date that will be used for tax returns. According to the new provisions, the date of making the decision on the liquidation of the company will no longer be relevant. Instead, the reference date for filing the tax return is now the date when the Business Registers Agency approves the registration application for deletion or suspension of the liquidation procedure. This change enables more precise and accurate insight into the current legal status of the company and its tax obligations.
Foreign companies are also required to submit tax returns
These changes do not only apply to domestic economic entities. Also, foreign companies that are deleted from the register or suspend the liquidation procedure, must now also submit a tax return in accordance with the new rules. Foreign companies operating in Serbia or having business units in the country are now obliged to harmonize their reports with the legislative framework, which means additional administrative obligations for foreign investors.
Companies ending liquidation as of January 1, 2025
For all companies that ended or suspended the liquidation procedure from January 1, 2025, the existence of a new obligation to submit a tax return in accordance with the amended rulebook becomes mandatory. These changes apply to all legal entities that have gone through liquidation procedures, regardless of whether the process has been completed or suspended.
The importance of adapting to new regulations
Given the comprehensive changes in tax regulations, it is very important that entrepreneurs, managers and everyone working in the field of legal and financial services are fully aware of the new requirements. Failure to comply with new obligations can lead to sanctions, fines, and even business problems, which can affect the reputation and financial stability of the company.
For entrepreneurs who have questions regarding the application of these new regulations, as well as for those who wish to consult regarding the implementation of these changes in practice, the Ikonić Stiković law office is here to provide all the necessary legal assistance. Contact us to help you comply with the new regulations and avoid any administrative or legal complications in time.
