Serbia is currently a very friendly jurisdiction to register a company. The most pleasant advantage of this jurisdiction is that it allows you to register a company and open a bank account in one jurisdiction, which is not common to all jurisdictions.

First year of the operation is usually with 0% income tax.

Type of company Limited Liability Company
Relevant Companies Law Company Act in Serbia No. 95/2018
Obligation to have the local office Serbian law requires сompanies to provide a local office address.
Currency RSD
Corporate tax rate 10%
Standard share capital RSD 100 (appox.EUR)
Obligation to appoint company secretary Not required
Obligation to appoint company director Required
Obligation to appoint the local director Not required
Minimum number of directors 1
Obligation to register shareholder Required
Minimum numbers of shareholders 1
Obligation to prepare financial reports Required
Obligation to submit financial reports Required