NBS published Decision on amendments of the Decision on reporting on foreign credit transactions.
In the Official Gazette of the Republic of Serbia No. 42/2020 of 25 March 2020, the National Bank of Serbia (NBS) published Decision on amendments of the Decision on reporting on Foreign Credit Transactions (Decision). The Decision enters into force on 26 March 2020.
In line with the Decision, during the state of the emergency caused by the disease COVID 19, forms used to report to the NBS on foreign credit transactions, which are usually submitted in electronic and paper form, can be submitted only electronically.
Documentation on foreign credit transactions can also be submitted to the NBS electronically, in pdf format, via email address email@example.com.
NBS will confirm acceptance of such documentation electronically.
Residents who report foreign credit transaction in such manner are obliged to submit in hard copy all documents based on which relevant forms are prepared and submitted electronically, within 10 days after the end of the state of emergency.
If you have any questions or you need assistance of our professionals, please contact us at firstname.lastname@example.org
For previous editions of KPMG Tax Alerts please visit the following web page:
KPMG Tax & Legal Department
KPMG d.o.o. Beograd
Kraljice Natalije 11
11 000 Belgrade, Serbia
T: +381 11 20 50 500
F: +381 11 20 50 550
© 2021 KPMG d.o.o. Beograd, a Serbian limited liability company and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.
For more detail about the structure of the KPMG global organization please visit https://home.kpmg/governance.