Serbia lets VAT payers under RSD 8,000,000 turnover deregister from 1 January 2027

What changed in detail

Serbia’s National Assembly adopted the Law on Amendments and Supplements to the Law on Value Added Tax (act no. 2585-26), part of a wider tax-law package published in Službeni glasnik RS br. 80/2026 of 1 September 2026. A new Article 38a lets a VAT payer whose total turnover in the preceding 12 months did not exceed RSD 8,000,000 apply for termination of VAT liability; the tax authority processes deregistration and issues a deregistration certificate where conditions are met. The law also revises tax-period-change procedures and VAT registration/deregistration forms. Per Article 17, the law enters into force on the eighth day after publication, with general application from 1 January 2027 (Article 1 applies from entry into force; Article 7 applies from 15 December 2026).

What it means

This gives small VAT payers a formal exit route they did not previously have — the RSD 8,000,000 test mirrors the registration threshold, so a business that drops below it can now close the loop instead of staying VAT-registered indefinitely. Deregistration is not automatic: it requires an application, and the taxpayer chooses the effective date within the rules. Review deregistration eligibility and the related tax-period-change timing ahead of the 1 January 2027 general-application date.