Did you know investing in Serbia is convenient? Find out 10 reasons why!

Taxation, workforce, bureaucracy and more!

1. Did you know that a Serbian Ltd. that hires more than 100 employees does not pay taxes for 10 years?
2. Did you know that thanks to the bilateral agreement between Italy and Serbia against double taxation those paying taxes in Serbia do not need to pay them in Italy?
3. Did you know that the company turnover tax is the second lowest in Europe, i.e. 10%?
4. Did you know that non-residents are only taxed based on their income earned in Serbia?
5. Did you know that the Serbian VAT is among the most competitive in Central and Eastern Europe and is only 18% for most taxable transactions, while the reduced VAT rate is 8% (for basic foodstuff, newspapers, utilities, etc.)?
6. Did you know that withholding tax is not applied to the distribution of profits between Serbian companies?
7. Did you know that personal income tax for salaries is 12%?
8. Did you know that annual income is taxed only when its value exceeds the triple average annual salary in Serbia? Therefore, the tax on annual income is 15% when the value is between 3 and 6 times the average annual salary in Serbia, while 15% is applied when the annual income is greater than 6 times the average Serbian salary.
9. Did you know that salaries are among the lowest in Europe?
10. Did you know that it is time to set up your own company in Serbia?

For any further information, call us on 00386 31 679 430