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 |