Serbia has passed through a period of dramatic change during the previous fifteen years. 

Serbia has a transitional economy mostly dominated by market forces, but the state sector remains large and many institutional reforms are needed. The economy relies on manufacturing and exports, driven largely by foreign investment.

Serbia has passed through a period of dramatic change during the previous fifteen years. However, this did not reflect fully on economic growth since the impact of the international financial crisis and numerous rounds of elections have slowed down necessary structural reforms in the country and led to a loose fiscal policy until 2014.

To establish Serbia as a country recognizable by its investment potential, market economy, open borders, a country prepared to be competitively integrated into the European mainstream, represents the national interest of the Republic of Serbia.

The most common company type in Serbia is a Limited Liability Company, which requires merely RSD 100 for incorporation.

This site provides a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in Serbia. 

Step by step instructions to register a business in Serbia

The Sales Tax Rate in Serbia stands at 20 percent. Sales Tax Rate in Serbia averaged 18.91 percent from 2006 until 2016, reaching an all time high of 20 percent in 2012 and a record low of 18 percent in 2007. Sales Tax Rate in Serbia is reported by the Ministry of Finance, Republic of Serbia.

VAT is charged on sale of goods and services, as well as on imports (with exception of exports of goods that are usually taxed with 0%) to Serbia.

The Corporate Tax Rate in Serbia stands at 15 percent. Corporate Tax Rate in Serbia averaged 11.64 percent from 2003 until 2015, reaching an all time high of 15 percent in 2013 and a record low of 10 percent in 2005. Corporate Tax Rate in Serbia is reported by the Ministry of Finance, Republic of Serbia.

A guide to the administration of corporate taxes in Serbia

The Personal Income Tax Rate in Serbia stands at 15 percent. Personal Income Tax Rate in Serbia averaged 14.50 percent from 2006 until 2015, reaching an all time high of 15 percent in 2007 and a record low of 10 percent in 2006. Personal Income Tax Rate in Serbia is reported by the Ministry of Finance, Republic of Serbia.

Tax residents in Serbia:         are liable to pay Serbian tax on their worldwide income, Tax non-residents in Serbia: are liable to pay tax on their Serbian-source income only.

Comprehensive Information on Serbia Visa Requirements

Visa requirements from the Ministry of Foreign Affairs

65 tips on getting to and getting around Republic of Serbia from real travelers and locals.

Before you visit Belgrade, visit TripAdvisor for the latest info and advice, written for travelers by travelers.

Telecommunication in Serbia have a developed an efficient telephone network, and has a number of radio and television broadcast stations. 

Considerable network investment has been undertaken by incumbent and alternative operators in recent years, despite economic difficulties.

Serbia’s Labor Law follows current European standards and international labor conventions.

Detailed description of the laws relating to employment and unemployment in Serbia

This site provides a detailed summary of some of the labor regulations that would apply to local entrepreneurs wishing to hire workers, organize working schedules, improve job quality for workers, or make workers redundant for economic reasons in Serbia.

Serbia is one of the cheapest travel options among all travel destinations in Europe. 

Costs of standard items plus the opportunity to compare Belgrade prices with other cities.

In general, the code of business conduct is similar in Serbia and Montenegro to that in the rest of Europe and the USA.

Serbia has a mild continental climate with cold winters and warm summers. The north of Serbia and the upland regions have a continental climate, with the typical cold winters and hot summers. 

In general, the best time to visit Serbia is usually when the temperature is at a comfortable level (between 20°C and 30°C on average) which is during August.

See “Safety and Security” on this site

Travel advice from the Australian Department of Foreign Affairs and Trade

An explanation of school requirenments in Serbia and a table describing the levels from primary to tertiary

Tips on what to expect at a first business meeting in Serbia

Education in Serbia is divided into preschool (predškolsko), primary school(osnovna škola), secondary school (srednja škola) and higher education(visoko obrazovanje) levels. It is regulated by the Ministry of Education and Science of Republic of Serbia.

Full list of Serbia public and bank holidays. Many shops, banks and other services close during public holidays

Comprehensive list of National Public Holidays that are celebrated in Serbia during 2016 with dates and information on the origin and meaning of holidays.

Demographic facts and data on Serbia

Demographic information from the CIA

Serbia Customs regulations and procedures for importing and exporting goods at border. 

The growth of Serbia trade has been slow as a result of high tariffs and import restrictions. The cost of trade in Serbia is also magnified due to non-transparent regulations and wide-spread corruption in Serbia economy.

Serbia is realizing the largest part of her foreign trade exchange with the countries with which she has signed free trade agreements. The most significant partner is the EU, which makes for the 60% of the Serbian foreign trade. – See more at: http://voiceofserbia.org/content/serbia%E2%80%99s-trade-relations-foreign-countries#sthash.g1uT2UEY.dpuf

Corporate accommodation alternatives in Belgrade

TripAdvisor has 69,517 reviews of Serbia Hotels, Attractions, and Restaurants making it your best Serbia resource.

Expert Serbia travel guide including detailed information about everything you need to know about Serbia. Guides to planning your trip including travel and where to stay.