Accounting records no longer to be printed out – Paper invoices to become history

Deputy Prime Minister and Minister of Trade, Tourism and Telecommunications Rasim Ljajic and Minister of Finance Dusan Vujovic signed the Explanation regarding the issuing and posting of invoices in paper and electronic form without the use of stamps and signatures today, it was announced on the website of the Government of Serbia.

The Explanation, which will be submitted to the relevant institutions, says that legal persons and entrepreneurs may issue invoices in paper or electronic form.

The key clarification pertains to the fact that it is not mandatory to print out an invoice originally created in electronic form nor to stamp a printed out document in order for it to be deemed valid.

An electronic invoice is valid in electronic form, without a signature and a stamp, does not have to be printed out and does not have to be sent by mail, it is said.

An invoice originally created in paper form does not have to contain a stamp and a signature by a the responsible party. Also, an invoice originally created in electronic form or through digitization does not have to feature an electronic signature.

Serbian Prime Minister Ana Brnabic stated on this occasion that the implementation of this regulation eliminated considerable unnecessary costs and facilitated business and emphasized that saving money, paper and time meant a quicker, more efficient and rational business, in line with modern standards, the website of the Government of Serbia says.

Vlada Republike Srbije

Ministarstvo turizma i omladine Republike Srbije

Ministarstvo finansija Republike Srbije

Government of Serbia

Ministry of Trade Tourism and Telecommunications

Ministry of Finance

Explanation regarding the issuing and posting of invoices in paper and electronic form without the use of stamps and signatures

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Rasim Ljajic

Dusan Vujovic

Ana Brnabic

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