The Law on VAT prescribes the right for foreign taxpayers to refund the VAT charged on supplies of the goods and services purchased within Serbia. A foreign taxpayer must submit a request for a refund of VAT and also, and the foreign taxpayer must meet additional conditions:

  1. If the VAT on the supply of goods and services is stated in the invoice, and if the invoice is paid;
  2. The minimum amount for VAT refund in Serbia is EUR 200, in Serbian dinar equivalent;
  3. If the conditions, which allow the VAT payer to use the right to deduct the input VAT for purchased goods and services, are met;
  4. If the VAT payer has not supplied any goods and services in Serbia, apart from the zero-rated transport of goods, transport of passengers by bus, for which the Customs Authority charges VAT, as well as goods and services for which the recipient is obliged to charge input VAT.

In addition to the stated conditions, the Law on VAT prescribes also the condition of reciprocity, as the last one that must be fulfilled for a VAT refund to be possible. The Republic of Serbia has established the condition of reciprocity with 17 countries: the Netherlands, Slovakia, Croatia, Denmark, Austria, Bosnia and Herzegovina, Belgium, Montenegro, Macedonia, Slovenia, Germany, Great Britain, Turkey – (refund is limited to supplies of goods and services relating to transport, fairs, etc.), Switzerland, Norway, Romania, Hungary.

The request for a VAT refund for 2021 can be submitted no later than June 30, 2022. To submit a request for a VAT refund, a foreign taxpayer must have a Serbian tax identification number.