Industries

Agriculture

Accounting for agriculture, from field and barn to subsidies and clean taxes.

Biro Vision keeps the books for agricultural producers and agribusinesses, whether you operate through a registered agricultural holding (RPG), as a sole trader or as a legal entity. We maintain records of land, livestock and crops, manage the specific inventories of agricultural products and biological assets, and make sure you secure every entitlement available to you, from the flat-rate VAT compensation to subsidies through the Agricultural Payments Administration. With us, incentives are properly recorded, seasonal labor is correctly calculated, and tax returns are filed on time.

What you need to get started

  1. 01 RPG registration: registering the agricultural holding in the Register of Agricultural Holdings at the Treasury Administration, deciding whether the holding is commercial or non-commercial and defining the holder (individual, sole trader or legal entity).
  2. 02 Land and livestock records: declaring arable areas, plots and leases and registering the livestock fund, since accurate records are a precondition for the payment of incentives and subsidies.
  3. 03 Tax status and VAT: securing the right to the flat-rate VAT compensation of 8 percent for producers outside the VAT system, or registering for VAT (voluntarily or mandatorily once total turnover exceeds the RSD 8,000,000 threshold in the previous 12 months).
  4. 04 Accounts and sales: opening a dedicated account at the Treasury Administration and a business bank account, with proper invoicing and, for sales to other legal entities and sole traders, issuing and receiving e-invoices through the SEF.
  5. 05 Workers and insurance: registering the holder and household members for mandatory social insurance, and properly engaging seasonal agricultural workers through the seasonal workers portal.

Services we provide

  • Calculating and recording the flat-rate VAT compensation of 8 percent that VAT-registered buyers calculate and pay to producers outside the VAT system, with a check on the conditions for eligibility for the compensation.
  • Maintaining VAT records and preparing VAT returns with correct application of the special 10 percent rate on agricultural products and processing of inbound and outbound e-invoices through the SEF.
  • Recording and booking subsidies and incentives received through the Agricultural Payments Administration, with correct accounting treatment of the funds received and their intended use.
  • Managing the specific inventories of agricultural products and biological assets (crops in the field, breeding and basic herd, orchards and plantations) with valuation and write-off in line with regulations.
  • Payroll and fees for permanent and seasonal agricultural workers, with correct tax and contribution treatment and registration through the relevant portals.
  • Tracking agricultural loans and equipment leasing, with calculation of interest, depreciation of tractors, attached machinery and equipment, and entry in the fixed asset register.

Ready to hand your books to the experts?

Book a free 30-minute consultation. No obligations, just a clear plan for your finances.