Services_ / Tax Law

Tax is a financial type of collection or other sort of imposed obligation which each individual or legal entity must pay to a state or to a functional equivalent to a state (e.g. a tribe). Taxes are the most abundant public resources. And in this spirit, a certainty related to the payment of taxes is equated only with death that confirms the famous saying of Benjamin Franklin that the only two things are sure in life: death and taxes.

The main features of taxes are:

  1. Taxes are a derivative public revenue of the state
  2. Taxes are forced income of the state
  3. Taxes are used to meet public expenditure
  4. No direct consideration for charged tax
  5. Obligation to pay taxes is usually carried out in cash
  6. Taxes are generally non-purpose public income
  7. Taxes are paid according to the territorial principle

Since taxes are most often associated with corporate law, our law office approaches seriously and comprehensively to tax legal issues of our clients. Bearing in mind that taxes are one dynamic area that needs constant adjustment of business and vice versa, we provide our clients with advice in areas such as business, economic and especially the legal aspects of taxation.

Taxation and tax issues are regulated by the Ministry of Finance of the Republic of Serbia that within its jurisdiction covers the operation of the following Administrations:

  1. Tax Administration
  2. Customs Administration
  3. Treasury administration
  4. Public Debt Administration
  5. Tobacco Administration
  6. Administration for the Prevention of Money Laundering
  7. Free Zones Administration
  8. Games of Chance Administration
  9. Foreign Exchange Inspectorate

In this regard, the following are some of the activities that we undertake in terms of counseling and finding realistic and constructive solutions when our clients are concerned:

  • Taxes on corporate income
  • Tax on citizens’ income
  • VAT
  • Property tax
  • Taxes on capital gains
  • Tax planning
  • Representation before tax authorities and courts
  • Optimizing tax liabilities and reducing the tax risk
  • Customs operations relating to customs clearance, freight forwarding, import and export
  • Procedures relating to the prevention of money laundering specifically pointed out within the section which refers to the criminal liability of participants
  • Consulting on all tax issues, tax liabilities and tax returns