Tax benefits for big investments

High-net-worth investors have more possibilities to save tax than the typical taxpayer. 

The Corporate Income Tax in Serbia (CIT) Law prescribes a special tax relief  if your company meets the following conditions:

• Investment is more than 1 billion RSD (approx. 8 million EUR) in fixed assets which are used for registered business activities (investments in progress are excluded until activation)

• you hire more than 100 new employees for an indefinite period of time during the period of investment.

tax save tax consulting

The tax relief lasts for 10 years. The purchase of equipment that was previously used in Serbia is not considered an investment. The fixed
assets have to be put to use and have to be paid.  In case of a reduction of assets or number of employees, the taxpayer is liable to pay the amount equal to the utilized tax incentive in previous periods, increased for the local inflation rate.

Double Taxation Treaties

Serbia has 65 effective double taxation agreements with most European countries.

Investors enjoy freedom of investment, in accordance with the Constitution and the law.

Investors who are foreign legal or natural persons, in terms of their investment in all, enjoy equal status and have the same rights and obligations as domestic investors, unless otherwise provided for by this or other law.

Need more info? We recommend reading a companies act here.

Law regulates on investments here.

Would you like to have more informations about prices of our services? You can check it here.