Implementation of eInvoicing system starts on 1 May

Mandatory application of electronic invoicing in transactions within the public sector (G2G) and the private sector to the public (B2G) will start on 1 May. This systemic reform brings a big change for more than 10,000 users of public funds as well as 125,000 companies, because they will no longer issue and receive invoices on paper, and the electronic procedure for all of them will mean lower costs, less bureaucracy and faster payment, while ensuring more efficient supervision over tax revenues and the reduction of shadow economy.

-The new system of e-invoices will significantly facilitate and speed up the work of businesses and the public sector, and meet one of businesses main appeals for faster VAT refunds. Given that future users need more time to adjust to the new model, we will postpone the start of its implementation until May 1, 2022. From that date, doing business with the state becomes even more economical and safer. Better and more efficient control by Tax Administration is enabled, and it is important to mention that the use of this system is completely free of expenses - announced the Minister of Finance Siniša Mali at the training for representatives of local governments in the Palace of Serbia.

State Secretary in the Ministry of State Administration and Local Government Maja Macuzic Puzic called on cities and municipalities to prepare for the transition to the new system and emphasized that the introduction of e-invoicing is in accordance with the Public Administration Reform Strategy 2021-2030. "eInvoices will contribute to the digitalization of business processes in cities and municipalities, and one of the key goals of the Strategy is to reduce the administrative burden on citizens and businesses by at least a quarter, from 3.11 to 2.4% of GDP," added Macuzic Puzic.

The Ministry of Finance and NALED have so far organized 16 large workshops for the private and public sector, supported by the British Embassy through the Grow Small project, as well as Philip Morris within the StarTech program. The system’s video presentations on YouTube have been viewed nearly 30,000 times. A contact center has been opened on the website efaktura.gov.rs, and the e-mail address efakture@naled.rs is available for questions.

Radoslav Marjanović, the Mayor of Stari Grad municipality, a member of NALED, announced that six more trainings would be organized and invited colleagues from local governments to a workshop on 17 December in this Belgrade’s municipality.

- The majority or more than 6,000 users of public funds who will use the eInvoicing system in the public sector are local governments and local budget users, which is why it is important to prepare well through education and for this, I thank the Ministry of Finance and NALED - said Marjanovic.

The eInvoicing system will be introduced in phases. From May 1, the obligation of issuing and receiving invoices in electronic form will be borne by public sector in mutual transactions, as well as private companies when they issue an invoice to the public sector. Additionally, from July 1, the public sector will be obliged to issue an eInvoice to the private sector, and from January 1, 2023, the private sector, i.e. VAT payers, will have to switch to eInvoices in mutual business.

More than 80 countries in the world are in one of the phases of introducing eInvoices, while they are mandatory in all EU member states. A study by the European Commission showed that eInvoices reduced the administrative burden on businesses in Sweden by 25%, and in Slovenia and Cyprus by twice as much. The greatest time savings for invoicing were achieved in Finland - from 15 to 1 minute, Sweden from 20 to 2 minutes and Poland from 30 to 3 minutes.

Implementation of eInvoicing system starts on 1 May
Implementation of eInvoicing system starts on 1 May
Implementation of eInvoicing system starts on 1 May
Implementation of eInvoicing system starts on 1 May
Implementation of eInvoicing system starts on 1 May
Implementation of eInvoicing system starts on 1 May
Implementation of eInvoicing system starts on 1 May
Implementation of eInvoicing system starts on 1 May
Implementation of eInvoicing system starts on 1 May
Implementation of eInvoicing system starts on 1 May
Implementation of eInvoicing system starts on 1 May
Implementation of eInvoicing system starts on 1 May


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