Serbia
Europe
What special rules apply in Serbia to the sale, issuance, or redemption of Giftcards?
Transparent T&Cs (validity period, scope, fees, transferability) are essential. For tax, the SPV/MPV distinction applies since 2020; issuance and redemption must be documented accordingly.
Is there a legal rule in Serbia on the validity period of Giftcards?
In Serbia, no fixed statutory minimum or maximum validity period for a Giftcard is explicitly set. The provider’s terms and conditions apply, together with transparency and fairness duties under consumer protection law (current version since 2021).
How are Giftcards treated for tax purposes in Serbia (VAT, single-purpose / multi-purpose)?
Serbia incorporated the Giftcard regime into its VAT law as of 01/01/2020: single-purpose Giftcards (SPV) are taxed at issuance/transfer, multi-purpose Giftcards (MPV) only at redemption.
What consumer rights apply in Serbia for expired Giftcards?
Usually, no right to redemption/refund after expiry if the limitation was validly and clearly agreed. Unfair or misleading clauses can be challenged under the consumer protection act.