We use temporary files("Cookies"). By using the site, you automatically agree with our Privacy Policy.

Registering a company in Serbia

Offer in demand in the market
Next

The main advantages of registering a company in Serbia are:

  • support for small and medium-sized businesses;
  • good reputation;
  • favorable business conditions and a rapidly developing economy;
  • low cost of renting office and industrial premises;
  • Serbia maintains friendly relations both with the European Union and with countries.

The main form of doing business in Serbia is Limited liability company (D.O.O – Društvo sa ograničenom odgovornošću).

Minimum authorized capital: there are no requirements for the size of the authorized capital, therefore, usually company’s capital is 1 EUR).

Requirements for the founder: at least 1 person (both physical and legal, resident or non-resident of Serbia).

Requirements for the composition of the board: the minimum number of directors is 1 (individual, resident or non-resident of Serbia).

Responsibility: the liability of participants is limited by the size of their contribution to the company. The company is not liable for the obligations of its members.

Financial reporting and auditing: annual reporting. The meeting of shareholders should be held annually.

Presence of an office in the country of registration: the presence of a registered office address in Serbia is mandatory.

Public Information: Information about the directors and shareholders of the company is public. Bearer shares are not permitted. Information about the beneficial owner of the company is provided to the registration agent and auditor. The law on the public register of beneficial owners has not yet been adopted.

Company name: The words Bank, Insurance, Assurance, Trust, Investment Fund and others like that require special agreement or license.

Bank account: Usually, we open accounts in Banca Intesa, Reiffeisen, Erste Banka, API Bank, Unicredit. Banks provide guaranteed protection for deposits of up to 50,000 euros.

Submission of an application to the Tax Administration of Serbia (Poreska Uprava):  after registering the company and opening a bank account for it, it is necessary to prepare and submit some additional documents to the Poreska Uprava; the director of the company will only need to sign the prepared documents, which the Serbian lawyer will submit to the tax authority on his behalf.

Obtaining a VAT number: Companies with an annual turnover from RSD (Serbian dinars) of 2,000,000 to RSD 4,000,000 are entitled to receive a VAT number, but if the annual turnover is lower than RSD 2,000,000, it will not be possible to VAT number.

The main tax rates for legal entities in 2019:

Obtaining a VAT number: Companies with an annual turnover from RSD (Serbian dinars) of 2,000,000 to RSD 4,000,000 are entitled to receive a VAT number, but if the annual turnover is lower than RSD 2,000,000, it will not be possible to VAT number.

Income Tax: 15%

Capital Gains Tax: 15% for residents / 20% for non-residents of Serbia

Social Tax: 12% + 5,15% of employee’s salary

Minimum Wage (gross): 310 euros per month

Dividend Tax: 20% / 25%

Value Added Tax (VAT): 20% / 10% / 0%

The cost of registering a Serbian company (DOO) with tax registration and bank account in Serbia is 4450 euros.

You can find out more about this jurisdiction, the procedure and cost of registering and maintaining a company, obtaining a residence permit, providing a legal and actual office, and other related services by calling TBP LTD consultants at +357 22222 066 or email: info@tigerpartners.eu.

Our representatives

Ask a question

By sending a request, you agree to the personal data processing in accordance with the Privacy Policy.
We do not disclose information received from you and do not send SPAM.

Сервис обратного звонка RedConnect