One year of extraordinary results in the Republic of Srpska with the new fiscalization model
A year has passed since the official announcement that the Republic of Srpska (an entity of Bosnia and Herzegovina) began implementing the new fiscalization system.
The Republic of Srpska has long-standing experience with fiscalization, having introduced its first system in 2008. That initial fiscalization model relied on fiscal cash registers and fiscal printers, with mandatory daily report submissions to the Tax Administration’s server. After 15 years of operation, it became evident that the existing system had become outdated, inefficient, and unsustainable. Both taxpayers and tax officials recognized that the old system no longer served its purpose and that a new one was necessary.
Preparations for a new fiscalization model
In 2023, the Tax Authority did all the preparations for the transition to the new fiscalization. Those preparations included selecting the fiscalization model, drafting new fiscal laws, defining the obligations of all fiscalization participants, and finally activating the work environments: Sandbox, Staging, and Production. A considerable part of the initial work included the preparation, updating the register of taxpayers, and adding missing data, such as sales locations.
The numbers behind the Republic of Srpska’s new fiscalization system
The new system, named Sistem za upravljanje fakturama (SUF), has thus been introduced, bearing the same name as in Serbia. What sets it apart from other fiscalization models is that it supports online and offline issuing of invoices, allowing for uninterrupted taxation activities even when internet services are not available.
To date, the Tax Authority has included 39,300 taxpayers in the new fiscalization system, representing 98% of all taxpayers subject to fiscalization. This already demonstrates the efficiency of the SUF system, which manages taxpayer onboarding, distributes secure elements, and ensures that the Tax Authority is in control of their distribution process and monitoring.
Moreover, on February 13, 2026, news was published that turnover through fiscal cash registers increased by 120 percent in two years:
“The total recorded turnover through fiscal cash registers in the Republic of Srpska last year amounted to 25.3 billion KM, while in 2023, on the eve of the implementation of the Law on Fiscalization, it amounted to 11.3 billion KM on an annual basis, which is a 120 percent increase in turnover in comparison” – announced the Ministry of Finance of the Republic of Srpska.
Data results validate the new fiscalization system
This data clearly demonstrates that the Tax Administration in the Republic of Srpska made the right decision to initiate the new fiscalization system. The strong results already achieved highlight how much untapped revenue can exist within a tax jurisdiction before modernization.
Such success is partly due to the broader coverage of taxpayers in Phase 2, for which the Tax Authority has now added taxpayers not included in the previous fiscalization. The officially announced results for Phase 1, covering the period from January to September 2025 and compared to the same period in 2024, indicated improved performance in Phase 2, with the Tax Administration reporting a 73% increase in turnover.
These positive results also demonstrate the strength of the adopted fiscalization model. The new fiscalization system has no limitations in terms of capacity, activity level, or taxpayer availability, enabling efficient, transparent, and scalable fiscalization.
