Tax benefits for companies operating in the Research and development (R&D) sector

Companies carrying out research and development projects in Serbia can benefit from significant tax incentives. These benefits include a 70% reduction in income tax and complete exemption from contributions for pension and disability insurance for employees involved in these projects.

Conditions for obtaining the incentive:

The research and development project must be carried out within the territory of the Republic of Serbia
At least 90% of the employees participating in the project must perform activities in Serbia
The company must conduct research and development for its own account, retaining the rights to any intellectual property resulting from these activities

Qualifying activities:

Development of new software solutions
Improvement of existing products or manufacturing processes
Design and testing of new electronic components
Laboratory research and experiments

Required documentation:

Detailed records of time spent on research and development activities
Evidence of employee involvement in research and development projects
Documentation of ownership rights over the results of research and development.

TAX INTERNATIONAL – YOUR TRUSTED PARTNER FOR TAX & ACCOUNTING!

Looking for a reliable financial advisor? We’re here to help! Our expertise ensures smooth business operations, tax optimization, and professional administrative support.

Our Services: Accounting services
Tax consulting
Company and business registration
Payroll calculation
Freelance tax management
Invoice issuing and administrative support