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The RSD 6,000,000 Limit: What Happens When You Cross It
Flat-rate taxation is the simplest regime for freelancers and small entrepreneurs in Serbia, but it has a clear ceiling. Once your annual income exceeds 6,000,000 RSD, you lose the right to flat-rate taxation and must switch to double-entry bookkeeping. In this article we explain exactly what happens at the crossover, when the new obligations kick…
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Payment Deadlines for Taxes and Contributions for Flat-Rate Entrepreneurs
As a flat-rate entrepreneur in Serbia, you pay most of your tax obligations monthly, on the same schedule month after month. It sounds simple, but a single missed 15th of the month triggers interest, reminders and, in the worst case, a freeze on your account. In this article we explain when you pay, how you…
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VAT and Flat-Rate Entrepreneurs: When You Enter the VAT System
As a flat-rate entrepreneur, you rarely think about VAT until your business suddenly takes off and invoices start to pile up. Then comes a question that catches many people off guard: when do I have to enter the VAT system and what does that actually mean for my business? In this article we walk through…
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Business Activity Codes and Which Ones Are Allowed for Flat-Rate Tax
A business activity code looks like a formality you fill in when registering your business and then forget about, but for flat-rate entrepreneurs it determines two crucial things: whether you are even allowed to be a flat-rate entrepreneur and how much tax you will pay. The wrong choice can mean a rejected application or unexpectedly…
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PIO Contributions and Pension Service Years for Flat-Rate Entrepreneurs
As a flat-rate entrepreneur, you pay contributions every month, but few people stop to check how much of that goes toward a pension and how many service years you are actually credited with. The good news: flat-rate entrepreneurs build up pension service years just like every other insured person. The less good news: the amount…
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The Most Common Mistakes Flat-Rate Entrepreneurs Make and How to Avoid Them
The flat-rate tax regime is popular because it is simple, but it is precisely that apparent simplicity that lulls many entrepreneurs into complacency. Most problems with the Tax Administration do not come from bad intentions, but from a few typical, easily avoidable mistakes. In this article we walk through the ones we see most often…