Company formation in Serbia - YB Case 2024
Registration period - 15, days
The best offer on the market – from 1200 EUR

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You can register a company in Serbia by visiting our office in person or remotely via the Internet.

Features of jurisdiction

The Republic of Serbia is a jurisdiction in Eastern Europe, characterized by accessibility, low costs and favorable tax policy. The existence of many trade agreements with the EU and other countries leads to the gradual development of free trade zones in Serbia itself. The Serbian IT market, supported by the local government and various NGOs, is also gaining momentum, making the jurisdiction attractive to foreign investors and freelancers. Today, the Serbian Republic is actively participating in economic and financial integration with the European Union.

  • In-Demand business sectors

    Due to its territorial location and domestic policy, among the most popular areas of business activity in Serbia are worth highlighting: IT, tourism, logistics, trade, engineering.

  • Remote registration option

    It is possible to register a company remotely in Serbia.

  • Corporate taxes

    The basic corporate tax rate in Serbia is 15%. VAT rate is 20%

  • Openness to foreign investment

    Serbia is open for foreign investments, which makes it a sought-after jurisdiction for establishing a business among foreign entrepreneurs.

  • Banks

    Banca Intesa, Komercijalna Banka, UniCredit Banka Serbia, Raiffeisen Banka, OTP banka Srbija, AIK Banka, Eurobank, Erste Bank Serbia.

  • Legal framework

    The legal system of Serbia is based on the continental common law system, similar to the EU countries.

Company registration process in Serbia

Registering a company in Serbia takes around 15 days and includes the following stages:
Initial consultation
Meeting with YB Case representatives in the office to clarify client details and requirements. Initiating the company incorporation process in Serbia (initial consultation can also be conducted remotely).
Name reservation
The company name must contain the abbreviation of the future company's legal form and must be entirely unique from any other companies already registered in Serbia.
Submission of company registration application in Serbia
Articles of Association and Memorandum of Association are prepared and notarized, the applicant signs all necessary documents, which are submitted to the local regulator for review. It is possible to submit the application and other documents electronically.
Review by regulatory authority for company registration in Serbia
After receiving all the necessary documents, the regulator (Agency of Commercial Registers (APR)) considers the application and decides on the incorporation of the company in the Republic of Serbia.
Issuance of Certificate of Incorporation
Upon authorization of the legal entity in Serbia, the founders receive a certificate of incorporation containing the company registration number, RSA code, certificate of incorporation from the Pension Fund (PIO fund) and from the Health Fund. To obtain a taxpayer identification number (VAT number), registration with the local Tax Office of the Republic of Serbia is required.

Primary prerequisites

  • Minimum share capital is 1 EUR
  • Minimum one shareholder
  • Registered local address
  • Minimum one director (no residency requirements)
  • Filing of financial statements once a year
  • Local secretary
Company formation in Serbia

Company formation in Serbia

Want to expand your business internationally? Consider the option of registering a company in Serbia, a country that beckons foreign investors. Serbia is committed to aligning its legislation with the EU regulatory framework, making it an attractive destination for business development.

Advantages of registering a company in Serbia

Registering a company in Serbia offers numerous advantages, making it an attractive destination for businesses.

  • Serbia's strategic position in Europe provides easy access to various international markets and opens doors to international trade and business expansion.
  • When considering opening a company here, it's essential to be aware of the taxation system. Serbia offers competitive tax rates in comparison to other European countries. If you generate income within the country, the following tax rates apply: corporate tax rate: 15%, VAT, dividends, royalties: 20%.
  • The procedure for incorporating a company in Serbia is relatively fast and straightforward.

Where to start?

Before initiating the process of setting up a company in Serbia, it's essential to understand the various business structures available. Similar to other European nations, entrepreneurs interested in establishing a company in Serbia have several options to choose from.

Company structure





- Limited liability for all members

Closed JSC


- Minimum share capital of at least 10,000 EUR

Open JSC


- Minimum share capital of 25,000 EUR



- Based on a partnership agreement



- Two categories of partners: general and limited

What steps and documents are needed to open a company?

Opening a company in Serbia involves various administrative steps and requires specific documents. The types of documents needed can vary based on the type of company you want to establish and your role in the company (e.g., founder, director, shareholder). Here's a general list of documents commonly required to open a company in Serbia:

Document or step


1. Business plan

Business plan outlining objectives, activities, and financial projections

2. Company name reservation

Propose a unique company name for availability check

3. Founding documents

For an LLC: Articles of Association

For a JSC: Memorandum of Association

4. Proof of deposit

Evidence of capital deposit into a bank account, the amount depends on the company type and activities.

5. Shareholder and director info

Valid passport or identity card

Proof of address (e.g., utility bill or lease agreement)

Tax identification number (TIN)

6. Power of attorney

If using an attorney or representative, provide a power of attorney

7. Application form

Complete and submit the official application form provided by APR

8. Consent and statements

Some documents may require written consent or statements from involved parties.

9. Bank certificate

Certificate from the bank where the initial capital is deposited

10. Tax documents

Documents related to taxes and social security contributions may be required

11. Notarized documents

Some documents may need notarization to verify authenticity

12. Criminal record check

Required for individuals in specific roles within the company

13. Address of registered office

Provide the address of the company's registered office in Serbia

Support for registering a company in Serbia and the most frequently asked questions

To register a foreign company in Serbia, you can consult a local lawyer or business consultant. However, the most effective way to go through the entire registration process without obstacles and quickly is to order support for company registration in Serbia by a professional consulting agency. YB CASE professionals have the knowledge and experience to guide you through this process and ensure that you comply with all legal requirements and regulations.

  • We offer an initial consultation, which can be done remotely, to discuss your business goals, the type of company you want to create and your specific requirements.
  • You can also request information on the cost of the full range of incorporation services in Serbia, including any registration fees, documentation assistance and ongoing compliance requirements.
  • We will confidently guide you through the entire process, ensure that all necessary documents are prepared and submitted correctly, and will also communicate with the regulator on your behalf.

What types of businesses are prohibited for foreigners in Serbia?
  • The country has some restrictions and special requirements for foreigners wishing to engage in certain business activities. Foreign ownership or control of media companies, particularly broadcasters, is subject to restrictions in Serbia.
  • Foreign banks and financial institutions operating in Serbia are subject to regulatory supervision and licensing requirements.
  • Foreign ownership and acquisition of agricultural land in Serbia may be subject to restrictions. Regulations may limit the amount of agricultural land that a foreigner may purchase.
  • The pharmaceutical sector is subject to special regulations and some activities may require approval from the Ministry of Health.
  • Gambling and betting activities, including casino operations and sports betting, require a license.
Is there free access to the EU market?

No, the country is not a member of the European Union. Access to the EU market for companies is subject to specific rules and agreements between Serbia and the EU.

At the same time, Serbian companies have certain trade advantages when trading with the EU.

Can I start business quickly?
In total, the process of starting a business in Serbia, from reserving a company name to final registration, can take anywhere from a few weeks to a few months. Actual time frames may vary depending on your specific circumstances and how efficiently you complete the administrative procedures. It is recommended that you seek advice from local experts or business consultants who can help you expedite the process and ensure compliance with all legal and regulatory requirements
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