Republic of Serbia
Capital: Belgrade HDI: 0.771 (66th)
GDP (PPP): $100.180 billion
Currency: Serbian Dinar
The Republic of Serbia is a sovereign state situated at the crossroads between Central and Southeast Europe, covering the southern part of the Pannonian Plain and the central Balkans. Serbia is landlocked and borders Hungary to the north; Romania and Bulgaria to the east; Macedonia to the south; and Croatia, Bosnia, and Montenegro to the west; it also claims a border with Albania through the disputed territory of Kosovo. The capital of Serbia, Belgrade, is one of the largest cities in Southeast Europe. Serbia numbers around 7 million residents. Serbia is a member of the UN, CoE, OSCE, PfP, BSEC, and CEFTA. As a membership candidate, Serbia is currently negotiating its EU accession. The country is acceding to the WTO and is a militarily neutral state. Serbia is an upper-middle income economy with dominant service sector, followed by the industrial sector and agriculture. The country ranks high in Social Progress Index (45th) as well as Global Peace Index (46th), relatively high in Human Development Index (66th) and an economically moderately free country (77th).
Serbia Overview – World Bank
Serbia has passed through a period of dramatic change during the previous fifteen years.
Serbia: country overview
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.
Industry Trends & Business Climate
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.
Brochure Serbia – your business partner
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.
Establishing a Presence
Company Types – siepa.gov.rs
The most common company type in Serbia is a Limited Liability Company, which requires merely RSD 100 for incorporation.
Starting a Business in Serbia – Doing Business
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.
The Serbian Business Registers Agency
Step by step instructions to register a business in Serbia
Serbia Sales Tax Rate | VAT | 2006-2016
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.
Serbia V.A.T and other Taxes
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.
Serbia Corporate Tax Rate | 2003-2016
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.
Serbia Corporate – Tax
A guide to the administration of corporate taxes in Serbia
Serbia Personal Income Tax Rate | 2006-2016
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.
Capital Consulting – Serbian Income Tax
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
Serbia Visa Info – Ministry of Foreign Affairs
Visa requirements from the Ministry of Foreign Affairs
Republic of Serbia Transportation
65 tips on getting to and getting around Republic of Serbia from real travelers and locals.
Belgrade: Public Transportation
Before you visit Belgrade, visit TripAdvisor for the latest info and advice, written for travelers by travelers.
Telecommunications in Serbia
Telecommunication in Serbia have a developed an efficient telephone network, and has a number of radio and television broadcast stations.
Serbia – Telecoms, Mobile and Broadband
Considerable network investment has been undertaken by incumbent and alternative operators in recent years, despite economic difficulties.
Labor & Employment Law
Serbia’s Labor Law follows current European standards and international labor conventions.
Law on Employment and Unemployment Insurance
Detailed description of the laws relating to employment and unemployment in Serbia
Labor Market Regulation 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.
Prices in Serbia, Cost of living in Serbia
Serbia is one of the cheapest travel options among all travel destinations in Europe.
Cost of Living in Belgrade
Costs of standard items plus the opportunity to compare Belgrade prices with other cities.
Serbia Business Practice and Business etiquette
In general, the code of business conduct is similar in Serbia and Montenegro to that in the rest of Europe and the USA.
Serbia Weather, Climate and Geography
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.
Travel.State.Gov – Serbia
See “Safety and Security” on this site
Travel Advice for Serbia
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
BUSINESS ETIQUETTE IN SERBIA
Tips on what to expect at a first business meeting in Serbia
Education in Serbia – Wikipedia
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.
Public Holidays in Serbia – World Travel Guide
Full list of Serbia public and bank holidays. Many shops, banks and other services close during public holidays
Public Holidays in Serbia in 2016
Comprehensive list of National Public Holidays that are celebrated in Serbia during 2016 with dates and information on the origin and meaning of holidays.
Demographics – Serbia – Government, Economy, Demographics, Education
Demographic facts and data on Serbia
Demographics – World Factbook: Serbia
Demographic information from the CIA
Serbia Customs Regulations
Serbia Customs regulations and procedures for importing and exporting goods at border.
Serbia Trade, Exports and Imports
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’s trade relations with foreign countries
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
Housing and Rentals
Corporate Housing Belgrade
Corporate accommodation alternatives in Belgrade
Serbia Tourism: Best of Serbia
TripAdvisor has 69,517 reviews of Serbia Hotels, Attractions, and Restaurants making it your best Serbia resource.
Serbia Travel Guide and Travel Information
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.