Doing business in Serbia

tax international virtual office, business

Registering a business in Serbia is not a long or expensive process. It takes usually one day for documents preparation, depositing a minimum capital which is less than 1 euro and another day for their validation and delivering documents to the business registry.

Every company needs an address. We provide virtual office support and we can handle your post. 

After the registration which takes approximately 6 days, the next step is to open a bank account. This step is too complicated. What took one day before, now can take one week because banks need to follow long procedures according to new legislative. You will have to be present in Serbia while bank account is not ready.

Detailed price list is here.

Tax International         provides business registration services and assists in setting up a bank account.

The most common type of business structure is a limited liability company – DOO. A limited liability company is a business structure that protects its owners from personal responsibility for its liabilities or debts. One limited liability company can have one or more owners. 

What are the key laws affecting doing business in Serbian jurisdiction?

First of all it is Companies act (“Off. Herald of RS”, Nos. 36/2011, 99/2011, 83/2014 – other law, 5/2015, 44/2018, 95/2018, 91/2019 and 109/2021). You can read it here.  Labour law is here

Benefits of doing business in Serbia
Since 2007 Serbia has attracted over €42 billion of foreign direct investment.


Foreign investors which decides to expand businesses to Serbia: Microsoft, Bosch, Michelin, Siemens, ZF, Yazaki, Brose, Toyo Tires, Fiat Chrysler Automobiles,  Panasonic, Cooper Tires, Tarkett, Ling Long, MTU, NCR, Magna, Continental, Aunde, Calzedonia, Eaton, Xingyu Lightning Stada, and many others.

Industrial zones which are free of customs: PirotSuboticaZrenjaninFAS KragujevacSumadija KragujevacSabacNovi Sad, UziceSmederevoSvilajnacKrusevacApatinVranjePriboj, and Belgrade. A privileged tax regime is provided to the free zone user (VAT, customs ect.).