foreign companies

Serbia’s VAT Representative Structure Opens a Flexible Route for Foreign Suppliers

Foreign companies can enter the Serbian market for certain VAT-taxable activities without immediately establishing a subsidiary by appointing a local VAT representative, or poreski punomoćnik. The structure can cover VAT registration, imports, invoicing and tax compliance while allowing the foreign supplier to retain ownership and commercial control. The arrangement provides an alternative to incorporating a Serbian subsidiary, opening a branch, appointing a distributor or supplying customers directly from abroad. It can be particularly relevant for businesses that need to import…