Opening a company in Serbia has become an increasingly popular option for foreign investors and entrepreneurs looking to expand their business in the Balkans. If you are a foreigner and want to establish a company in Serbia, you may be wondering: Who can open a business in Serbia?
In this blog, we will provide information to help you understand the necessary steps for company registration in Serbia, from choosing the right legal form to the registration process.
Serbia offers an open market to everyone, regardless of nationality. This means you can open a company in Serbia even if you are not a resident. Both individuals and legal entities, whether foreign or resident, can establish a company in Serbia. Foreign citizens can open a company, become owners, and directly manage their business without restrictions.
Several types of companies can be formed in Serbia. The choice of the right legal form depends on your type of business, the number of founders, and your goals. The main forms of business entities that can be established are:
If you want to establish a company in Serbia, the most common choice is the Limited Liability Company (DOO) because it allows for simple operations, minimal establishment costs, and protection of personal assets.
Registering a company in Serbia is a relatively straightforward process, which can be done online, of course, with knowledge of local regulations. Here are the steps you should be familiar with:
After completing these steps, your company can be registered with the Serbian Business Registers Agency (APR) and you can operate.
Advantages of Opening a Company in Serbia
There are several advantages to forming a company in Serbia, especially if you are a foreigner looking to do business in the Balkans:
Although Serbia is open to foreign nationals, the process of setting up a company requires a few specific conditions for foreign investors:
Obtaining work and residence permits in Serbia – If a foreigner is the director or manager of the company, they may need to obtain a work permit and residence permit.
Compliance with legislation – Entrepreneurs must comply with Serbian business laws and regulations, as well as submit regular taxes and reports.