Company registration in Serbia
Capital: Belgrade.
Official languages: Serbian.
Currency: Serbian dinar (RSD).
In recent years, Serbia has become an increasingly popular destination for doing business. This is driven by political stability, low taxes, and developed infrastructure.
Company registration provides the following benefits:
- One of the lowest corporate tax rates in Europe at 15% (a flat rate with no surcharges or minimum tax).
- A nominal minimum share capital for a DOO (limited liability company) of 100 dinars (approximately 1 EUR).
- A network of double taxation avoidance agreements with over 60 countries.
- Fully electronic registration via the Serbian Business Registers Agency (APR)—typically taking about a week.
- Access to the markets of the EU (via the Association Agreement), the EAEU, Turkey, China, and the UK, thanks to free trade agreements.
Taxation and Reporting Features
Corporate Income Tax:
- Flat rate: 15% on taxable profit
- No municipal surcharges or minimum tax
- 10-year exemption for major investments (starting at RSD 1 billion with the creation of 100+ jobs)
- 200% super-deduction for R&D expenses
- Payroll tax incentives for qualified specialists
VAT:
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Standard: 20%
Reduced: 10% (basic food products, medicines, books, accommodation services)
0% for the export of goods and certain international services
Mandatory registration threshold: RSD 8,000,000 in annual turnover
Dividends:
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15% on payments to Serbian residents (individuals)
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20% withheld on payments to non-resident legal entities
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The rate may be reduced to 5–10% under double taxation avoidance agreements
Company registration in Serbia is carried out through the Serbian Business Registers Agency (Agencija za privredne registre, APR). The company name must be unique and reserved in advance.
To register a company, an application signed by the founders and containing key details must be submitted. The founding act (*Osnivački akt*) and corporate resolutions require notarization. Documents may be submitted either in person or via an authorized representative acting under a notarized power of attorney.
Once the entry is made in the APR register, the company legally exists. To fully launch operations, it is necessary to obtain a tax identification number (PIB), register with the Tax Administration and the social security fund, open a corporate account at a Serbian bank, and deposit the share capital.
At the time of registration, the company must have:
- Obtain a unique taxpayer identification number (PIB)—this is mandatory for tax payments and managing the account.
- Notarized constitutive documents (Act of Incorporation and Articles of Association).
- The resolution appointing the director and their written consent to serve in that capacity.
- Proof of the registered office address in Serbia (lease agreement or owner's consent).
- Copies of passports and proof of residential address for the founders and directors.
- Receipt of payment for the registration fee to the APR.
Company registration in Serbia
- Limited liability
- Minimum 1 director / 1 shareholder
- Minimum capital: 3,000,000 RSD (~25,600 EUR)

Tax Rates in Serbia
Additional information
- Financial reporting: Mandatory annual filing with the APR by June 30 of the following year
- Audit: Mandatory for medium-sized and large companies
- CIT return (PDP): Filed electronically within 180 days of the financial year-end
- Corporate income tax prepayments: Monthly, by the 15th
- Initial declaration (PPP DG-1S): Filed within 15 days of registration with the APR
- VAT returns: Monthly or quarterly, depending on turnover
- Directors' details Level of accessibility
- Shareholders' details Level of accessibility
- Financial reporting Level of confidentiality
Timeline and Stages
- 01
Name reservation and preparation of constitutive documents
1-2 days - 02
Notarization of the constitutive act
1 day - 03
Submission of documents to APR
2-5 days - 04
Entry into the register and receipt of the certificate of registration
3-5 days - 05
Obtaining a tax number (PIB), registering with funds, and opening a bank account
1-4 weeks
The bottom line
Registering a company in Serbia is a smart choice for entrepreneurs seeking a low tax burden, access to European and Eurasian trade infrastructure, and a relatively simple, fast incorporation process. A 15% corporate tax rate, 20% VAT, a nominal minimum share capital of €1 for a DOO (limited liability company), and a network of over 60 tax treaties make Serbia one of the most competitive jurisdictions in Europe.
However, formal registration with the APR (Business Registers Agency) is merely the first step. The actual launch of the company depends on the banking stage, proper tax registration, the timely filing of the initial tax return (within 15 days of registration), and a sound ownership structure. IT-OFFSHORE lawyers guide clients through the entire process—from selecting the legal form (DOO, AD, or sole proprietorship) to opening a Serbian bank account, registering for VAT, arranging accounting services, and obtaining a residence permit for the director.
Cost calculation
Add the required options for your company:
FAQ
Can you register a company remotely?
Yes, in most cases — you can.
Remote company registration is available in the vast majority of popular jurisdictions today. Modern corporate services, electronic document management and professional registered agents make it possible to complete the entire registration process without being physically present in the country.
The process typically works as follows: you provide the required documents electronically, sign them remotely — via a notary, apostille or electronic signature — and a local registered agent handles all communication with government authorities and document submission on your behalf.
This has been made possible by several factors: most countries allow foreign founders and directors, corporate service providers operate remotely across the globe, and the digitisation of government registries has significantly streamlined and accelerated the procedures.
The one step that may still require in-person presence is opening a corporate bank account — however, even here many banks and fintech platforms now offer remote identity verification.
What documents are needed for registration?
Registering a company in most jurisdictions requires a standard set of documents. For individuals — founders and directors — the typical requirements include: a certified copy of a passport, proof of residential address (utility bill or bank statement no older than 3 months), and in some cases a bank reference letter or CV.
For corporate shareholders, the required documents include: certificate of incorporation, articles of association, register of directors and shareholders, and confirmation of the ownership structure.
Do I need to keep accounting records and submit reports?
Accounting and reporting requirements vary significantly depending on the jurisdiction. In most countries, companies are required to maintain proper bookkeeping, file annual financial statements and submit tax returns.
At the same time, there are a number of jurisdictions where reporting requirements are minimal or effectively non-existent for non-resident companies. These include, for example, the Marshall Islands, the Cook Islands, Panama, Belize, Seychelles and Vanuatu — in these countries, companies that do not conduct business within the territory of the registration state are generally exempt from mandatory financial reporting and audit requirements.
We provide full company administration services, including preparation and submission of annual reports, liaison with local authorities and ensuring full compliance with all corporate requirements of the jurisdiction.
Is it possible to open a bank account for a company?
Yes, opening a corporate bank account is possible for virtually any jurisdiction, however this process deserves careful attention. Today businesses have two main options: traditional banks and fintech platforms.
Traditional banks offer a full range of financial services, but account opening requirements have become increasingly stringent — KYC procedures, source of funds confirmation, business plans and in some cases in-person presence may be required. Fintech platforms — such as Wise, Airwallex, Revolut Business and others — open accounts significantly faster and remotely, making them a popular solution for international companies at an early stage.
Is it possible to use nominee directors?
Yes, the use of nominee directors and shareholders is a common and legitimate practice in international corporate structuring. A nominee director is formally listed in the company registry but acts exclusively in accordance with the instructions of the beneficial owner, providing an additional layer of privacy.
This service is particularly in demand in jurisdictions where information about directors and shareholders is entered into a public register — for example, in Cyprus, the United Kingdom, Malta and a number of other EU countries. In offshore jurisdictions, nominee services are also widely used to simplify corporate governance and protect ownership structures.
We provide nominee director and shareholder services for any jurisdiction we work with.