Serbia - D.o.o Company Incorporation
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| Company Type | Time to Incorporate | Cost |
|---|---|---|
| D.o.o | 3 weeks | £1840 |
Serbia Key points
- Only 3 weeks to incorporate
- Cost of incorporation is £1840
- A D.o.o requires only 1 director
- Only 2 shareholder required
- Share Capital requirement is only €500
- Serbia has one of the lowest corporate tax rate in Europe
- We provide you with full expert assistance throughout every step of the company formation process
Incorporating a Company in Serbia
- Complete form RJR-1, form OP, forms M1 and M4
- Notarise the Memorandum of Association and lease contract at the Court
- Open a bank account; pay founding deposit or its part and all other fees
- Obtain the registration certificate Business Registers Agency
- Obtain PIB - tax identification number at the Municipal Hall; Certify the signatures for opening bank account
- Register the employment contracts with the Employment Organization/Fund
- Obtain certificate from the PIO Fund (pension fund)
- Obtain certificate from the Health Fund
The most commonly used legal form in Serbia is a limited liability company. A shareholder has only one share in the company, which is expressed as a percentage.
The new Company law provides that limited liability companies can have upto 50 shareholders, and that the minimum share capital is €500.
Economic and Tax Information
The cost of labour in Serbia is significantly lower than in most Central and Eastern European countries.
- Average net monthly salary is €240
- Serbia has one of the lowest corporate profit tax rate in Europe.
- Percentage of population speaking English language is more than 40%
- One of the lowest corporate profit tax rate in Europe set at 10%
- Tax credits for investing in fixed assets of up to 80% of the assets’ value
- A 10-year tax holiday for investments of €7.5 million or more
- Government subsidies, tax exemptions, and other incentives for creating new jobs