APR director: Economy is ready for online communication

BELGRADE - The first results of a financial report submittion campaign show that a large part of the economy is ready for electronic communication with the government, which will be mandatory starting from 2016, Director of Serbia's Business Registers Agency (APR) Zvonko Obradovic said Monday.

As of January 1, 2016, the economic entities in the country will be under obligation to submit their financial reports to the APR exclusively in electronic form, with a certified electronic signature. "Of the about 150,000 financial reports by business entities, as many as 92 percent of them were sent to the APR via the Internet," Obradovic said after a working meeting he had with Economy Minister of Zeljko Sertic in Belgrade today.

Obradovic observed that some 110,000 final reports had arrived together with the financial reports used for statistical purposes before the deadline.

Minister Sertic said that the IT solutions to manage those reports had been integrated at the APR.

He praised the integrated vendor-management system at the APR, which had the Tax Administration, Republic Health Insurance Fund and Pension and Disability Insurance Fund connected electronically. "It used to take more than 50 days to register a company, and today it takes only five, and often even fewer days, to do that," said Sertic.

Photo Tanjug, Z. Zestic (archive photo)