🇷🇸 Country Guide — Serbia

Doing Business in Serbia — Complete Guide 2025

Serbia combines a competitive 15% corporate tax rate, an EU candidate status, a booming IT sector and a strategic Balkan location. Eastrategies® has been supporting foreign investors in Serbia since 2018.

15%
Corporate Tax Rate
€22B
GDP (2024 estimate)
7M
Population
2018
Eastrategies® presence since

Why Serbia?

The Balkans' Rising Business Destination

Serbia is an EU candidate country with a CEFTA free-trade agreement and preferential access to EU, US and Russian markets simultaneously. Its capital Belgrade is rapidly emerging as a regional tech and startup hub, attracting talent from across the Western Balkans.

The Serbian government actively courts foreign investment with generous incentives, streamlined company registration (as fast as 5 days) and a young, multilingual workforce at competitive wage levels.

  • EU candidate — preferential trade access to EU single market
  • CEFTA member — free trade with 6 Western Balkan countries
  • Company registration in as little as 5 business days
  • Booming IT sector — 50,000+ IT professionals
  • Government investment incentives up to €10,000/job created
  • Strategic location: gateway to Balkans, Middle East and CIS

Company Setup in Serbia

1

Choose Legal Structure

D.O.O. (LLC equivalent) is the standard vehicle. Minimum capital: RSD 100 (symbolic).

2

Register with Business Registers Agency

Online registration possible. Takes 3–5 business days. No notary required.

3

Tax & VAT Registration

VAT registration mandatory above RSD 8M turnover. Corporate tax is 15%.

4

Open Corporate Bank Account

Serbian and international banks available. Remote opening possible for EU companies.

5

Hire & Operate

Eastrategies® handles HR, payroll, accounting and full ongoing compliance.

Tax Overview — Serbia 2025

Corporate Income Tax15%
Personal Income Tax10–15%
VAT (standard rate)20%
Dividend Withholding Tax15%
Social Contributions (employer)~16.15%

Key Sectors

Where Serbia Excels

IT & Software

Serbia is one of Europe's fastest-growing IT hubs, with Novi Sad and Belgrade hosting hundreds of tech companies and startups.

Automotive & Manufacturing

Fiat Chrysler (Stellantis) operates a major plant in Kragujevac. Tier-1 and Tier-2 suppliers are actively expanding.

Agriculture & Food

Serbia is a major EU food exporter — cereals, fruits, vegetables and processed foods benefit from strong EU trade agreements.

Energy & Infrastructure

Significant investment in renewable energy (solar, wind) and infrastructure under EU pre-accession funding.

Ready to Enter the Serbian Market?

Our team has been operating in Serbia since 2018. Book a free consultation with Marc Pascal Huot and get a tailored market entry plan.