The Republic of Srpska will regulate the trade in cryptocurrencies by a normative act in a form of Law. Currently, it is known that the rules will mostly resemble the regulation on this topic as it exists in Serbia. The National Assembly of the Republic of Srpska is in the process of amending the Law on Securities, which will also regulate the cryptocurrency trade, said the Prime Minister of this... Read more

The current fiscal receipt in the Republic of Srpska is issued from a fiscal memory that is physically protected and as such synchronizes data once a day with the tax administration via the GPRS network. The amount and manner of data transfer is therefore very limiting. As stated by these countries’ authorities, that way of issuing and synchronizing data enables easier tax evasion, because it is u... Read more

New Law on fiscalization was recently published in the Republic of Srpska prescribing different fiscal devices that will be used in this country's new model. Similar to the solution that was chosen in Serbia, the government has opted for electronic fiscal devices that will consist of the processor of the fiscal receipts, a secure element and an electronic system for receipt issuance. For the fisca... Read more

The introduction of Fiscal system operators is envisaged by the new Law on Fiscalization in the Republic of Srpska. For a private company to be able to legally work as a Fiscal system operator in this country, it must get approval from the Tax authorities and in order to get such approval, needs to fulfill certain conditions. First, in order to obtain approval, the applicant for the Fiscal System... Read more

With the new law on fiscalization, the Government of the Republic of Srpska plans to introduce a fiscal system operator. That means that in the new fiscal model in the Republic of Srpska the Government decided to hire companies that will be in charge of maintaining and supporting electronic fiscal devices, to relieve the Tax Administration of those activities. The government of this country has ad... Read more

The Law on Fiscalization was officially published in the "Official Gazette of the Republic of Srpska", number: 15/22. According to the assistant Minister of Finance for the Fiscal System, the system will be established in phases. Accompanying bylaws and regulations are going to be extremely important for the realization of this project whereas 2022 is predicted to be a year that will be... Read more