Serbia is becoming an increasingly attractive destination for foreign entrepreneurs and professionals, offering numerous opportunities for growth and success. However, adapting can be challenging for many foreign nationals coming to Serbia. Whether you’re looking to establish a business in Serbia, start a company in Belgrade, or obtain a Serbia residency permit, it’s important to understand the specifics of the market and the administrative processes.
If you’re wondering how to move to Serbia, the process can be simpler than it might first appear. Serbia is becoming an increasingly popular destination for foreigners, offering a relatively simple immigration process, especially for those coming from countries outside the European Union. Whether you’re looking to move temporarily, get a job, or open a business in Serbia, there are a few key steps and legal frameworks you should be aware of:
One of the first steps for foreign nationals wishing to start a business in Serbia is company registration in Belgrade. The legal framework in Serbia is favorable to foreign investors, and the process of company registration is relatively simple. Setting up a company in Serbia requires understanding basic administrative steps, including choosing the type of business entity, whether a sole proprietorship or a limited liability company (LLC), and completing all other legal obligations required in the process.
Opening a bank account in Serbia is one of the first steps to establish normal functioning in everyday life if you have relocated to this country. Having a private account in the local currency is advantageous due to numerous bank conversions. Additionally, if you have decided to open a business in Serbia, the next step would be to open a business bank account so that your business can operate smoothly. Serbian banks generally offer competitive terms for all clients, but the process can be confusing if you’re not familiar with local regulations. The usual steps include providing valid identification and residence documents, as well as understanding the specific procedures for foreign nationals.
For foreign nationals planning to stay in Serbia long-term, the Serbia residency permit is a key document. The process of obtaining a residence permit can be confusing due to various administrative requirements and extensive documentation, but if you are familiar with the laws and procedures, the process can be relatively simple. Legislative changes that occasionally occur may also affect the speed at which residence permits are granted.
For those considering long-term residency in Serbia, Serbian citizenship is a possible next step after obtaining a residence permit. The process of acquiring citizenship can be complex, but generally, a foreign national must meet certain residency requirements and other legal obligations. Serbian citizenship offers additional privileges, such as access to the European market and the right to work in other EU countries.
Holding a Serbian passport offers a significant advantage: visa-free entry to the European Union for short stays of up to 90 days within 180 days. This benefit also extends to certain Schengen Area countries, allowing Serbian citizens to travel freely and explore the EU without the need for a visa. This aspect makes Serbian citizenship even more attractive, as it facilitates movement within the European Union, as well as access to numerous activities organized across Europe. Due to these advantages, more and more people are showing interest in obtaining Serbian citizenship, as it allows for easier business, studying, and travel within the EU. The visa-free stay of up to 90 days is just one of the benefits that makes Serbian citizenship valuable, especially for those seeking greater international mobility and connection to European markets.
Whether you have registered an Ltd ( DOO) company in Serbia or decided to become an entrepreneur, it is crucial that your business operates smoothly, and navigating bureaucratic procedures can be challenging. In Serbia, as in many other countries, efficiency is key. Having a local partner who understands how the market works and is familiar with all relevant laws and regulations can make the difference between success and stagnation.
Whether you want to establish a company in Belgrade, Novi Sad, or set up a company anywhere in Serbia, local experts can guide you through every step. They will help you avoid bureaucratic obstacles and speed up starting and developing your business, ensuring that your business runs smoothly from the beginning.
