Bizexpats-logo Contact Us
0

Cart

No products in the cart.

Good Environment for Foreigners: Legal and Business Support in Serbia

In recent years, Serbia has become an increasingly attractive destination for foreigners. The processes of establishing a company in Serbia and obtaining a Serbian residence permit have been significantly simplified thanks to favorable regulations. This text will help you become familiar with all the opportunities available.

Why Serbia is a Great Choice for Expats Who Want to Start a Business

Significant progress encouraging foreign investments. The government has simplified the company establishment process and offered numerous support measures for foreign entrepreneurs.

Whether you are an entrepreneur with experience or entering the business world for the first time, Serbia’s legal framework is designed to foster growth in various industries.

Business support in Serbia for company incorporation and residency permit

Establishing a Business in Serbia: A Simple Process

One of the key reasons Serbia attracts expats is the simplicity of establishing a company. The process is straightforward, with simplified procedures that allow both, local and foreign entrepreneurs to successfully start their businesses.

Depending on the type of business you want to launch, there are several options for business structures, with the most popular being a limited liability company (LLC), sole proprietorship, and joint-stock company. Each of these structures offers different flexibility and tax advantages.

Moreover, the possibility of obtaining a residence permit for up to 3 years provides an additional incentive for those looking to establish a path toward permanent residence in the country.

Tax Benefits and Support Programs for Expats

Serbia offers numerous tax breaks, subsidies, and financial programs aimed at attracting foreign entrepreneurs. Key industries such as the IT sector, manufacturing, and exports particularly benefit from these incentives Expats investing in these sectors can enjoy advantages such as:

  • Tax Benefits: Tax exemptions and reductions for foreign investors depending on the size of the investment and the creation of new jobs.
  • Subsidies: Foreign entrepreneurs can apply for government subsidies in sectors for research and development, technology, and manufacturing.
  • Financial Programs: Serbia’s economy is becoming increasingly diversified, and government financing programs are available to help entrepreneurs with startup costs.

These financial incentives present a fantastic opportunity for expats looking to tap into Serbia’s growing potential.

Residence Permit in Serbia: Unlocking Long-Term Benefits

For expats, obtaining a residence permit can be an attractive addition to starting a business in the country. Obtaining a residence permit is simple and can be expedited for those who invest in the local economy, particularly if their investment creates new jobs or promotes innovation in the market.

Serbia offers several ways to acquire a residence, including through business ownership. Investors can apply for a temporary residence permit based on their business activities, and once certain conditions are met, they can transition to permanent residence.

This makes Serbia even more attractive for those wishing to relocate business and expand their businesses.

A Strong Future for Expat Entrepreneurs

Serbia represents a growing and welcoming environment for expats who wish to start their businesses. With simple procedures for establishing companies, comprehensive support programs, attractive tax benefits, and a skilled workforce, all the conditions are met for foreign investors to thrive in this country.

Additionally, the option for investors to obtain a residence permit in Serbia, allowing uninterrupted living and working in the country for several years, makes Serbia an attractive destination.

Share Post:

About the author

Bizexpats Content Team

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    Search our blogs database

    Subscribe to our newsletter

    Get the fresh news from the industry