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doklynk corporate

Serbia

Start Your Business in Serbia

Serbia is one of Europe’s fastest-growing business destinations, offering low taxes, affordable business costs, and strong trade agreements with the EU, Russia, and China. Whether you’re an entrepreneur, investor, or startup founder, Serbia provides business-friendly policies, a skilled workforce, and government incentives to help companies grow.

With one of the lowest corporate tax rates in Europe (15%) and a strategic location connecting East and West, Serbia is an ideal choice for international businesses looking to expand globally.

Why Choose Serbia for Your Business?

  • 1

    Low Corporate Taxes

    15%, one of the lowest in Europe
  • 2

    100% Foreign Ownership

    No need for a local partner.
  • 3

    Easy and Fast Registration

    Register your company in 5-7 business days
  • 4

    Full Access to the EU & Schengen Market

    Serbia has free trade agreements with the EU, Russia, China, Turkey, and more
  • 5

    Skilled & Cost-Effective Workforce

    Highly educated professionals at competitive wages
  • 6

    Government Grants & Investment Incentives

    Special benefits for foreign investors
  • 7

    Affordable Business Costs

    Lower labor and operational costs than Western Europe

Types of Companies You Can Register in Serbia

Limited Liability Company (D.O.O.) – The Most Popular Business Structure

  • Best for: Startups, SMEs, foreign investors.
  • Limited Liability: Owners are only responsible for their capital investment.
  • Minimum Share Capital: RSD 100 (€1).
  • Corporate Tax: 15% (flat rate on profits).

📌 How to Register:
 1️⃣ Choose a unique company name and check availability.
 2️⃣ Prepare Articles of Association & business plan.
 3️⃣ Deposit minimum share capital (€1) in a Serbian bank account.
 4️⃣ Register with the Serbian Business Registers Agency (SBRA).
 5️⃣ Obtain a Tax Identification Number (PIB).
 6️⃣ Register for VAT (if turnover exceeds RSD 8 million/year ~€68,000).

⏳ Processing Time: 5-7 business days
 💰 Government Fees: RSD 6,000-12,000 (€50-100)

Sole Proprietorship (Preduzetnik) – Best for Small Businesses & Freelancers

  • Best for: Freelancers, independent consultants, small business owners.
  • Simple & Fast Setup: No need for share capital.
  • Personal Liability: The owner is responsible for business debts.
  • Taxed as Personal Income: Flat 10% or lump-sum taxation available.

📌How to Register:

 1️⃣ Register through the Serbian Business Registers Agency (SBRA).
 2️⃣ Obtain a Tax Identification Number (PIB).
 3️⃣ Register for VAT (if applicable).
 4️⃣ Open a business bank account in Serbia.

⏳ Processing Time: 1-3 business days
 💰 Cost: RSD 3,000 (€25-30)

Branch Office – Expand Your Foreign Business in Serbia

  • Best for: Foreign companies looking to operate in Serbia without forming a new entity.
  • No Minimum Capital Required – Operates as part of the parent company.
  • Taxed as a Foreign Entity – Subject to Serbian corporate tax if conducting business in Serbia.

 

📌 How to Register:
 1️⃣ Submit branch registration documents to the Serbian Business Registers Agency (SBRA).
 2️⃣ Provide parent company’s legal registration & financial statements.
 3️⃣ Appoint a local representative in Serbia.
 4️⃣ Obtain a Serbian Tax Number (PIB) and VAT registration.

 

⏳ Processing Time: 7-10 business days
 💰 Government Fees: RSD 12,000 (€100)

Business Licenses & Permits in Serbia

Certain industries require special licenses before operations can begin.

📌 Industries that require additional licensing:

  • Banking & Finance – Investment firms, fintech startups.
  • Food & Hospitality – Restaurants, cafes, hotels, catering services.
  • Construction & Real Estate – Property developers, builders, engineering firms.
  • Medical & Pharmaceuticals – Clinics, pharmacies, biotech startups.

Banking & Financial Setup – How to Open a Business Bank Account in Serbia

📌 Required Documents:

  • Company registration certificate & Serbian Tax Number (PIB).
  • Business address in Serbia.
  • Passport or valid ID of business owners.

 

📌 Top Banks for Business Accounts in Serbia:

  • Banca Intesa
  • Raiffeisen Bank
  • UniCredit Bank
  • AIK Banka

 

⏳ Processing Time: 3-5 business days

 

Hiring Employees in Serbia

  • Minimum Wage (2024): RSD 47,154 (€400) per month.
  • Work Hours: 40 hours per week.
  • Employer Contributions: 37.8% of gross salary (includes social security & pension contributions).

 

📌 High-Demand Jobs in Serbia:

  • IT & Software Development
  • Manufacturing & Engineering
  • Agriculture & Food Processing
  • Healthcare & Pharmaceuticals

Office Spaces & Business Infrastructure

📌 Best Cities for Business in Serbia:

  •  Belgrade – Serbia’s capital & business center.
  • Novi Sad – A growing hub for IT and software development.
  • Niš – A strategic city for trade & logistics.

 

💰 Office Rental Costs:

  • Coworking spaces: €100-€300/month
  • Small office (50m²): €400-€1,000/month
  • Corporate offices: €2,000+/month

Taxes in Serbia – Business-Friendly Policies

  • Corporate Tax: 15% (one of the lowest in Europe).
  • Dividend Tax: 15% on distributed profits.
  • VAT (PDV): 20% standard rate, 10% for essential goods.
  • Personal Income Tax: 10% flat tax rate.
    Serbia offers tax deductions, startup incentives, and a lower business cost compared to Western Europe

Business Expansion & Residency in Serbia

  • Serbia Business Visa – For foreign entrepreneurs and investors.
  • Investor Residency Permit – Gain Serbian residency by investing in a local business.
  • EU Business Expansion – Use Serbia as a gateway to European and global markets.

 

📌 How to Get a Business Visa in Serbia:
 1️⃣ Invest in a Serbian business or real estate.
 2️⃣ Provide proof of financial stability & business plan.
 3️⃣ Apply for a residence permit as an entrepreneur.
 4️⃣ Receive approval & start business operations in Serbia.