Doing Business in Serbia? We’ll Keep You Tax Compliant—Locally & Internationally.
Whether you're starting a company or freelancing abroad, we help you understand Serbia's business tax system, manage bookkeeping, and stay globally compliant.
Business Tax in Serbia – What Foreigners Need to Know
Serbia offers a competitive and business-friendly tax environment, making it an attractive destination for foreign entrepreneurs and investors. Whether you're setting up a company, freelancing, or managing international income, understanding the key tax categories is essential to staying compliant and maximizing your profitability.
Global Income & Cross-Border Tax Strategy
We work with clients earning income from abroad—like U.S. stocks, Irish pensions, or international consulting—to ensure Serbian tax compliance, minimize double taxation, and manage legal, efficient transfers.
Corporate Income Tax
Serbia offers a highly competitive flat corporate income tax rate of 15% on net profits, making it an attractive destination for entrepreneurs and businesses looking to optimize their tax obligations. This rate is significantly lower than many Western countries, helping foreign investors retain more of their earnings.
Dividend Tax
Dividends paid out to shareholders in Serbia are generally subject to a 15% withholding tax. However, if your home country has a double taxation treaty with Serbia, this rate may be reduced or even eliminated entirely. We help structure your earnings to take full advantage of treaty benefits.
Value-Added Tax (VAT)
Serbia applies a standard VAT rate of 20%, which is levied on most goods and services. A reduced rate of 10% applies to essential items like food, books, medicines, and public utilities. We assist with VAT registration, invoicing, and ongoing compliance for all types of businesses.
Personal Income Tax
Freelancers, digital nomads, and small business owners in Serbia are taxed at 10% to 20%, depending on income type and business structure. Whether you're earning through a local company or as a self-employed individual, we’ll help you choose the most tax-efficient structure.
Double Taxation Treaties (DTTs)
Serbia has signed over 60 double taxation agreements with countries like the U.S., UK, Canada, Germany, and Ireland. These treaties allow individuals and companies to avoid being taxed twice on the same income, making Serbia a strategic base for global professionals and investors.
Bookkeeping & Financial Reporting in Serbia
Stay Compliant, Stress-Free.
Running a business in Serbia means keeping your books in order—and we make it easy.
We handle:
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Invoicing & VAT Reports – Timely, accurate, and fully compliant
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Payroll Management – Salaries, tax withholdings, and contributions
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Monthly & Annual Reports – Prepared per Serbian GAAP standards
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Tax Filings – Corporate, income, and VAT returns submitted on time
Tax Residency
Assessment
Assessment
Know when you become a Serbian tax resident and what that means for your global income.
Double Taxation Treaty Support
We help you utilize Serbia’s 60+ tax treaties to avoid paying taxes twice.
Foreign Income & Asset Reporting
Declare offshore income, accounts, and holdings in full compliance with Serbian law.
Crypto & Digital Asset Compliance
Stay ahead of evolving crypto tax laws and disclose digital assets properly.
Global Tax
Coordination
Coordination
Business Structuring for Expats
We design tax-efficient setups for foreign-owned companies in Serbia.
FATCA & CRS
Advisory
Advisory
Ensure compliance with U.S. FATCA and Common Reporting Standard (CRS) if applicable.
Annual Tax Return Filing Support
We prepare and file your Serbian annual tax return accurately and on time.
100% Compliance. Zero Surprises.
100% Compliance. Zero Surprises.
At Relocation Serbia, we take your financial and legal compliance seriously. Whether you're a freelancer, entrepreneur, or investor, we guarantee your business will meet all Serbian and international tax requirements—accurately, on time, and with full transparency.
Our licensed professionals handle every step of your accounting and tax reporting so you can focus on growing your business with total peace of mind. No confusing terms. No hidden fees. Just reliable service from a team that speaks your language and understands your goals.
Licensed Serbian Accountants
Multi Language Speaking Advisors
Monthly Reporting + Year-End Financials
International Tax Coordination
FAQ
Frequently asked questions
We have put together some commonly asked questions.
Can I pay myself a salary from my Serbian company?
Yes, you can. Depending on your business structure, you can pay yourself a salary, distribute dividends, or use a combination of both. We help you choose the most tax-efficient strategy tailored to your needs.
Do I need to register for VAT in Serbia?
If your annual revenue exceeds 8 million RSD (around €68,000), you are required to register for VAT. We handle VAT registration, monthly filings, and compliance on your behalf.
How do I become a tax resident in Serbia?
You are considered a tax resident if you spend more than 183 days in Serbia within a 12-month period or if your center of vital interests is in Serbia. We help you determine your residency status and ensure proper reporting.
What bookkeeping requirements will I have as a business owner?
Serbian law requires monthly reporting, VAT declarations (if applicable), payroll records, and annual financial statements. We provide full bookkeeping services in English and ensure all legal requirements are met.
Can I avoid double taxation between Serbia and my home country?
Yes. Serbia has Double Taxation Treaties (DTTs) with over 60 countries. These treaties can help reduce or eliminate tax on foreign income. We help you apply the correct treaty benefits based on your nationality.
What happens if I don’t stay compliant with Serbian tax rules?
Non-compliance can result in fines, audits, or license suspension. Penalties range from €500 to several thousand euros. Our team ensures you remain compliant at all times to avoid unnecessary risks.
