Registering a company in Serbia opens up unobvious advantages for an entrepreneur: this applies to both low taxation and protection of real beneficiaries. The country is a candidate for EU membership and at the same time actively cooperates with the CIS, which guarantees the availability of two large markets for business.
How much does it cost to open a company in Serbia?
The price of registering a company in Serbia from Lawrange law firm is 3450 euros. The price includes the following services:
- preparation of documents for the registration authority;
- agency service;
- lease of a legal address;
- extract from the register;
- opening a bank account.
We provide comprehensive turnkey legal support – you do not need any additional services or visits to the country (thanks to the issued power of attorney for our representative). All necessary procedures will be completed in a short time.
Features of registering a company in Serbia
The most attractive organizational and legal form of doing business in Serbia is DOO (an analogue of the Russian LLC). The founders of this organization are responsible within the limits of their contributions, while the registration procedure itself is easy and simple. It is worth noting that in order to create a DOO, only half of the amount of the authorized capital can be deposited at the beginning.
The procedure for registering a business in Serbia from the Lawrange team includes the following steps:
- Registration of a power of attorney for our representatives.
- Determination of the name of the future enterprise.
- Coordination of the organizational and legal form and types of activities.
- Opening a bank account.
- Submission of documentation to the local registration authority (SBRA).
- Obtaining a token and all necessary certificates of successful registration.
We will help you open a company in Serbia in a short time (from 4 to 14 working days). It will also take 10 to 12 business days to open an account. Just 2 weeks – and you get a ready-made business in an investment-attractive region, which may soon become a full member of the EU!
During the registration process, you will have the opportunity to open an account in:
- Raiffeisen Bank;
- Postal Savings.
If necessary, you can issue a current account for the company in all credit institutions at the same time for an additional fee.
What taxes do businesses in Serbia pay?
Serbian legislation establishes the following tax obligations for commercial enterprises:
- income tax – 15% (lower than in other European countries);
- tax on dividends – 20% (can be reduced to 5% – for Russian residents);
- VAT (VAT). Initially not set, but you can set a rate of 20%. VAT is obligatory if the annual turnover of the enterprise exceeds 4 million RSD.
In comparison with most other countries in the European region, this is one of the most loyal indicators for foreign business. For other obligations, there are reduced rates in the country, which guarantees an optimal tax burden for foreign businesses.
All that is required to open a company in Serbia is a copy of the international passport and national passport, as well as a power of attorney for a Lawrange representative. In case you want to move your existing business to the country, you must also provide the appropriate registration certificate and founding documentation.
We prepare all other certificates ourselves, from the lease of a legal address to the appointment of an accountant in your company.
Strengths of Serbian jurisdiction
Serbia is a steadily developing country that could potentially become a full member of the European Union in the near future. The government provides the following benefits to businesses:
- the minimum amount of the authorized capital is only 1 euro;
- information about beneficiaries can only be obtained by requesting local authorities;
- adequate tax burden;
- access to the European market;
- fast processing speed.
Thanks to the efforts of Lawrange, you will be able to open a company in Serbia and enjoy all the above advantages of the jurisdiction.
The cost of registering a company in Serbia
Registration of an enterprise from the law firm Lawrange costs only 3450 euros.
What do you need to register a company in Serbia?
All you need is a power of attorney for our representative and copies of your passports.
Advantages and disadvantages of jurisdiction
Pros: minimum taxes, ease of registration and smooth development of the region. Nuance: Serbia is not yet part of the EU, but is a candidate member of the Union.