Serbia
Serbia offers a strategic location at the crossroads of Central and Southeast Europe, with EU candidate status and a growing economy. The country provides a competitive business environment with qualified workforce, developing infrastructure, and improving regulatory framework.
jurisdiction.fiscalFramework
jurisdiction.taxSystem
jurisdiction.corporateIncomeTax
15%
jurisdiction.valueAddedTax
20% (10% reduced)
jurisdiction.keyFeatures
- Flat 15% corporate income tax rate
- Participation exemption available for qualifying dividends
- R&D incentives and IP box regime
- Tax holidays available in certain free zones
- Loss carry-forward for 5 years
jurisdiction.treatyNetwork Serbia has an extensive double tax treaty network covering over 60 countries, including major European economies, the United States, and key Asian markets.
jurisdiction.workforce
jurisdiction.employment
Serbian labor law provides a balanced framework for employment relationships. The market offers competitive labor costs with a well-educated workforce, particularly in technical and financial fields.
jurisdiction.socialContributions Total employer cost approximately 64-65% above net salary, including pension (11% employer, 14% employee), health (5.15% employer), and unemployment contributions.
jurisdiction.keyRequirements
- Written employment contracts mandatory
- Minimum wage reviewed annually
- Standard working week of 40 hours
- Minimum 20 days annual leave
- Termination requires valid legal grounds
jurisdiction.establishingPresence
jurisdiction.companyFormation
jurisdiction.entityTypes
- DOO (Limited Liability Company)
- AD (Joint Stock Company)
- Branch Office
- Representative Office
jurisdiction.typicalTimeline
1-3 business days for standard DOO registration
jurisdiction.capitalRequirements
Minimum capital of RSD 100 (approximately €1) for DOO, with no minimum for practical purposes for most businesses.
jurisdiction.compliance
jurisdiction.regulatoryEnvironment
jurisdiction.keyRegulators
- APR (Serbian Business Registers Agency)
- National Bank of Serbia
- Tax Administration
- Securities Commission (for public companies)
jurisdiction.complianceNotes
- Annual financial statements filed with APR
- Monthly tax reporting requirements
- Statistical reporting obligations
- Anti-money laundering compliance for certain sectors
jurisdiction.localExpertise
jurisdiction.ourPresenceIn Serbia
Our Belgrade office serves as our regional headquarters, with a full team of accounting, tax, and corporate services professionals. We provide comprehensive services to both local entities and international groups operating in Serbia.
jurisdiction.otherJurisdictions
common.getStarted
jurisdiction.ctaTitlePrefix Serbia jurisdiction.ctaTitleSuffix
jurisdiction.ctaDescPrefix Serbia.
common.contactUs