economy

April 9, 2026

AND WHEN YOU THROW THEM AWAY, YOU MUST BE CAREFUL HOW YOU DO IT! How long, according to the law, should receipts for paid bills be kept

Dejan Gavrilović from the Association "Efektiva" stated that Article 378 of the Law on Obligations prescribes statutes of limitations for payment.

AND WHEN YOU THROW THEM AWAY, YOU MUST BE CAREFUL HOW YOU DO IT! How long, according to the law, should receipts for paid bills be kept

TL;DR

  • Utility bills (electricity, water, Infostan, phone, internet) should generally be kept for one year.
  • For certain obligations like construction land fees or reserves, keeping bills for up to three years is advisable.
  • Longer retention periods (5-10 years or more) apply to parking fines, traffic tickets, court rulings, and notarial deeds.
  • Documents with personal data should be securely destroyed using shredders.
  • Digitalizing and storing scanned documents in secure locations with regular backups is recommended.
  • While electronic banking can provide a digital record, it's wise to save payment confirmations to email to prevent data loss.

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