FISCAL SOLUTIONS...

Last news published on: 30.06.2026 | News: 203

Last document published on: 20.01.2026 | Documents: 48

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The Republic of Srpska became a fiscal country in 2007, by combining hardware and software fiscalization model. The convertible mark (KM) is the currency of the Republic of Srpska.

Flag of Republic of Srpska

Republic of Srpska

According to the updated fiscal regulations in the Republic of Srpska, every retail store is obliged to record each individual turnover using certified electronic fiscal devices. This obligation applies to all forms of payment recognized by the new Law and every store must be officially registered with the Tax Administration through an electronic process, which results in the generation of a unique identifier for each business location. Additionally, the new law mandates that each POS (Point of Sale) application and its components—both software and hardware—must undergo a strict certification process before being used in practice.

Type of fiscalization: Hardware/ software

The fiscal framework in the Republic of Srpska defines the core fiscal documents and receipt types, with fiscal receipts issued via certified fiscal devices, fixed receipt layouts, mandatory VAT-inclusive pricing, and clearly defined item, tax, and payment data. Retail transactions must be recorded through approved fiscal systems using supported payment media, while item handling, tax rate application, and receipt content are strictly regulated, including limits on discounts and rules for returns and voids. Day-to-day POS operations also cover initial cash handling, item returns, reporting obligations, and other standardized business processes to ensure proper recording and control of taxable turnover

 

Latest news for Republic of Srpska

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The Regional Chamber of Commerce of Bijeljina urges reforms to prevent the blocking of Electronic Fiscal Devices without prior notification.
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Fiscalization has transformed from a compliance tool reliant on hardware to dynamic, software-driven platforms linking businesses and tax authorities. The webinar was presented by Dušan Bučevac, Sales Manager at Fiscal Solutions, who covered crucial fiscalization milestones and explained how real-time data has reshaped compliance, transparency, and business decision-making.
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The Government of the Republic of Srpska has extended its cap on wholesale and retail profit margins until December 31, 2026, to protect consumers from global market instability.
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In the Republic of Srpska, retailers must electronically register every business premise or sales channel before starting sales, including physical stores, online shops, mobile units, and vending machines.
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The Tax Administration of the Republic of Srpska introduced a procedure allowing continued issuance of fiscal receipts during EFU malfunctions by using a temporary Security Element (SE) valid for up to 15 days. Taxpayers must promptly request replacement of the faulty smart card, ensuring full compliance while maintaining uninterrupted retail operations.
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The Tax Administration of the Republic of Srpska has amended its electronic fiscalization framework, effective April 8, 2026, to improve system reliability and business continuity.
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