"We do everything the whole world does"

The Minister of Finance, Mr. Sinisa Mali announced that from January 1, 2022, all legal entities in the public sector will have the obligation to receive, store and issue electronic invoices; this obligation will be gradually introduced to the private sector for which electronic invoicing will be mandatory from January 1, 2023.

Presenting the Draft version of the Law on Electronic Invoicing, Mr. Mali said that it represents a systemic law that changes the way the economy will function, following the example of digital invoices, which are already being implemented in the European Union and which should contribute to transparency and legal security in business in general.
According to the Minister of Fitnance, the proposed version of the Law implies that it will gradually introduce the obligation to all business entities to issue and receive electronic invoices that are in the VAT system from January 1, 2022, to January 1, 2023.
He pointed out that the use of the e-invoice system will be free of charge, but for those economic entities that would like to use IT intermediaries, such cooperation will be allowed, but their relationship will be governed by a mutual agreement, not by law.
"Regarding the proposed deadlines, the system will be introduced gradually, from January 1, 2022. All public sector entities will be obliged to receive, store and issue e-invoices in their daily business operations. Also, entrepreneurs will have the opportunity to issue e-invoices to the public sector entities if they want to work with the public sector," Mali said.
He stated that from July 1, 2022, private sector entities will be trained, that is, they must be trained to receive and store e-invoices from both the public and private entities.
"From...