Can I use Payoneer as a flat-rate taxpayer?
Yes, you can use alternative payment institutions that are not registered in our country, but it is important how you do it.
You treat this account as your second foreign currency account. That means you need an invoice for every payment you receive on it, regardless of whether you withdraw the money to your business bank account or make payments abroad directly from there.
According to the notice of the National Bank of Serbia, the listing of payment transactions can be subject to control, which is why it is important that transactions on these accounts are also recorded in the KPO book.
If you withdraw money to a bank account, you do not create a new invoice because this is practically a transfer from one account to another, not new income. After the inflow schedule is completed, you will be able to convert the funds into dinars and use them freely.
Under the law on foreign exchange operations, transactions in foreign currency between two residents are not allowed. For this reason, you can only make foreign currency payments abroad (except for rent payments and official business trips), and you must use dinars for payments in Serbia.
