Serbia is a dynamically developing country with a rich history, comfortable climate and favorable conditions for doing business. This country is ideal for entrepreneurs seeking to expand their business or start a new stage of life in Europe. One of the advantages is the possibility of obtaining a residence permit through opening a company.
Business Opportunities
Serbia offers favorable conditions for foreign investors. Among the main advantages are:
- Low cost of doing business;
- Access to European and Asian markets;
- Low income taxes;
- Available labor resources.
Forms of legal entities
In Serbia, there are several types of legal entities that, when opened, can qualify for a residence permit:
- LLC ( Drushtvo sa limited одговношћу ) : The most popular form for small and medium businesses. The minimum authorized capital is only 100 dinars (less than 1 euro).
- JSC ( Joint-Stock Company ) društvo ) : Suitable for large enterprises and international companies.
- Representative Office : An ideal option for foreign companies wishing to expand their business in Serbia without opening a full legal entity.
Taxes
Serbia offers one of the lowest tax rates in Europe:
- Income tax - 15%;
- Dividend tax - 15%;
- VAT - 20% (for some goods and services a preferential rate of 10% applies).
In addition, Serbia has signed numerous double taxation agreements , which makes the tax burden for foreign investors even more favorable.
Benefits of Living in Serbia
- Temperate climate with mild winters and warm summers;
- Low cost of living compared to the rest of Europe;
- Delicious national cuisine and rich culture;
- Possibility of free movement within the countries of the region.
Obtaining a residence permit
Obtaining a residence permit through business is a simple and straightforward process. Registering a company and fulfilling a number of conditions will allow you and your family to obtain a temporary residence permit with the prospect of permanent residence.
Urban Consult offers full support at all stages - from choosing the form of legal entity to obtaining a residence permit and resolving all legal issues. Trust us with your concerns, and we will make your move and starting a business in Serbia easy and successful.
Contact us today to learn more!