Why is Serbia an Attractive Country for Foreign Investors
The manufacturing sector in Serbia is strong and consistent
Competitive tax rates in Serbia
Free zones in Serbia
Serbia has an excellent geographic position
Investments in 2018 in Serbia
What is the business direction in Serbia in 2019?
Key facts to consider when making investments in Serbia
- • Companies can be easily incorporated in Serbia as there are fewer formalities involved.
- • The taxation regime in Serbia is among the lowest in Europe.
- • An investor can easily establish a subsidiary or a branch in Serbia.
- • The manufacturing sector in Serbia is preferred by numerous international investors.
- • The Serbian economy met significant developments and a positive direction.
- • Serbia is an important business hub which allows foreigners to place their investments in varied sectors.
- • There are several tax incentives for investors from abroad willing to open companies in Serbia.
- • Vranje, Novi Sad, and Pirot are important free trade zones with an excellent infrastructure and a series of tax advantages.
- • In terms of business costs, large companies from abroad can establish branches and subsidiaries in Serbia’s free trade zones.
- • There is no VAT imposed on imported and exported goods in Serbia’s free trade zones.
- • Serbia connects the Eastern and the Western parts of Europe, thanks to its strategic location.
- • Serbia welcomes foreign investments from countries like China, Hungary, Turkey, France, UK, Spain, Japan, Germany and many more.
Provisions of the Foreign Investment Law in Serbia
Types of investments in Serbia
- • securities;
- • convertible foreign currencies;
- • assets;
- • property rights;
- • non-monetary investments.
How do I open a company in Serbia?
- The name verification must be made with the Business Registers Agency in Serbia.
- RSD 100 or EUR 1 is the minimum share capital for opening a private DOO in Serbia.
- A bank account needs to be established for the company’s future financial activities.
- One must apply for special licenses and permits and verify the business activities classification in this sense.
- The registration for tax purposes and social contributions must be observed at the time the company is registered.
- The company seal can be obtained in approximately 3 days. Then, the business can start activities in Serbia.
Laws governing the business in Serbia
Repatriation of profits – Is it hard to transfer the money?
Serbia, a solid business destination
- • Chinese companies are interested in creating more than 1,000 jobs in Serbia in the years to come;
- • incentives of around EUR 10,000 can be granted to international investors creating jobs in Serbia;
- • according to the “2019 Doing Business” report, Serbia ranks 48th out of 190 economies in the world;
- • the total FDI stock for 2018 sustained Serbia’s GPD in approximately 79% rate.