As of tomorrow, the private sector is obliged to receive and store electronic invoices
The obligation of a private sector entity to receive and store electronic invoices issued by a public sector entity, as well as electronic invoices issued by a private sector entity, will apply from tomorrow, July 1, 2022.
These obligations are fulfilled using the electronic invoice system at https://efaktura.mfin.gov.rs/. From the moment of registration, all rights and obligations prescribed by the Law on Electronic Invoicing apply, which implies, among other things, that all the electronic invoices sent and received have the properties of authentic documents.
We also note that, in accordance with the Law on Electronic Invoicing, the recipient of an e-invoice checks the sent e-invoice by accessing the electronic invoice system and accepts it or rejects it within 15 days from the date of the receipt of that invoice, and if the recipient of an e-invoice, which is a private sector entity, does not accept or reject the issued electronic invoice, directly or through an information intermediary, the recipient will, upon expiry of the said deadline, be informed again that the e-invoice was issued; if he/she does not accept or reject an electronic invoice within five days from the date of the receipt of the re-notification that an electronic invoice was issued, the e-invoice, upon expiry of this deadline, is considered rejected.
We also recall that, as of May 1 this year, the users of public funds, and there are 10,609 of them in the system, are obliged to receive and store an electronic invoice, and to issue that invoice to another public sector entity. Furthermore, at that time, the obligation of private sector entities, currently 46,181 in the system, to issue an e-invoice to a public sector entity was established. 993,882 electronic invoices have passed through the system so far.
Furthermore, from January 1, 2023, it will be mandatory to issue and keep an electronic invoice in transactions between private sector entities. Namely, from these dates, the obligation to electronically record the calculation of value added tax also applies.