Taxes in Serbia
Serbia is located in southeastern Europe in the very center of the Balkan Peninsula. The capital of the state is Belgrade, the population is 9 people. This country experienced the most difficult times during the collapse of Yugoslavia, but today it is rapidly developing, improving economic and social spheres, as well as increasing global influence.
The economy of Serbia is based on the following sectors:
- industrial;
- agricultural;
- services.
In addition, tourism is actively developing in Serbia. Also, large global companies invest in the development of the state, resulting in economic growth.
This factor inspires business confidence and attracts new entrepreneurs and companies to the territory of Serbia, who open their firms here and successfully conduct commercial activities.
Structure of the tax system in Serbia
In addition to the fact that the economic and political situation in the country is stable, Serbian tax system also contributes to business development, since interest rates on taxes in the jurisdiction are relatively low.
If you decide open a company in Serbia, then E-COMMERCE BROKER specialists will help you register a company in this jurisdiction in a short time.
For maximum convenience, we can carry out all the work remotely, that is, you do not have to leave your home country to obtain permission to do business in Serbia, we will do everything for you.
Main taxes in Serbia:
- Company income tax.
The regular income tax rate for businesses is 15%. The main feature of this fee is that payments are made in advance, that is, the indicators of the previous tax period are taken into account and tax is paid on them.
For companies that have just started their activities, the amount of tax is determined by the estimated profit for the upcoming year of operation. There is a preferential (reduced) tax rate of 10% for companies that invest in their own development in the amount of one billion dinars. The grace period lasts 5 years, after which the standard rate begins to apply to the company.
- VAT at a rate of 20%.
A reduced rate of 10% applies to hotel, utility and other services, as well as food.
- Capital gains are taxed at a rate of 15% for resident companies receiving worldwide income, and 20% for non-residents who are not registered in the country but receive profits from activities in Serbia.
- Excise duty is provided for producers and importers of oil, tobacco, alcohol, table salt and luxury goods. The excise tax rate depends on the type of goods and its quantity.
In addition, legal entities are required to pay insurance contributions: pension - 9,8%, medical - 5,9%, insurance - 0,55%.
Registration of business with the Company "E-COMMERCE BROKER"
The E-COMMERCE BROKER company successfully cooperates with beginning businessmen and experienced organizations in relation to registration of a company in Serbia. Our professionals will quickly and strictly in accordance with current legislation collect the necessary documents, carry out registration procedures, and help open a bank account IBAN score.
At your request, we can also take responsibility for recruiting qualified personnel for your company. If you have any questions, please contact the specialists of the E-COMMERCE BROKER Company for a free consultation.
