Rulebook on “arm’s length” interest rates on intercompany loans for 2021

Pursuant to Article 61, para 3 of the Corporate Income Tax Law (Official Gazette RS no 25/01, 80/02, 80/02 – oth. law, 43/03, 84/04, 18/10, 101/11,119/12, 47/13, 108/13, 68/14 – oth. law, 142/14, 91/15 – authentic interpretation and 112/15, 113/17, 95/18 and 86/19),), the Ministry of Finance has adopted the Rulebook on interest rates for 2021 that are considered to be at “arm’s length”.

Banks and financial leasing entities

• 0,67% short term loans in RSD;
• 3,79% long term loan in RSD;
• 2,83% loans in EUR and dinar loans denominated in EUR;
• 3,94% loans in USD and dinar loans denominated in USD;
• 2,61% loans in CHF and dinar loans denominated in CHF;
• 3,96% loans in SEK and dinar loans denominated in SEK;
• 1,88% loans in GBP and dinar loans denominated in GBP;
• 2,56% loans in RUB and dinar loans denominated in RUB.

Other legal entities

• 3,69% short term loans in RSD;
• 3,90% long term loans in RSD;
• 2,32% short term loans in EUR and dinar loans denominated in EUR;
• 2,83% long term loans in EUR and dinar loans denominated in EUR;
• 6,86% long term loans in CHF and dinar loans denominated in CHF;
• 1,57% short term loans in USD and dinar loans denominated in USD;
• 4,01% long term loans in USD and dinar loans denominated in USD.

This Rulebook will enter into force on the eight day following its publication in the "Official Gazette of the Republic of Serbia".