Postponement of Deadlines for Submission of Financial Statements for 2019.

22. April 2020 | Reading Time: 1 Min

As part of the program of economic measures for support of the Serbian economy, in order to mitigate the effects of the COVID-19 pandemic, the Government of the Republic of Serbia adopted a regulation defining postponement of deadlines for submission of annual and consolidated financial statements of companies, cooperatives, other legal entities and entrepreneurs.

In addition, the deadlines for filing of corporate income taxes and self-employment income taxes are being postponed.

The regulation defines postponement of deadlines as follows:

  • 60 days from the end of the state of emergency – for the financial statements prepared in accordance with the requirements defined by the Law on the Capital Market, the Law on Investment Funds and the Law on Open Investment Funds with a Public Offering;
  • 90 days from the end of the state of emergency – for regular annual financial statements and for filing corporate income tax and self-employment income tax returns;
  • 120 days after the end of the emergency – for the consolidated financial statements and
  • 30 days after the end of the state of emergency – for extraordinary financial statements.

This regulation was adopted on 16 April 2020 and published in Official Gazette no. 57.