Description

STARTUP PACKAGE FOR LTD (DOO) COMPANY

If you are looking to register a company in Serbia and establish a limited liability company (DOO), our Startup Package for LTD is designed to guide you through the entire process, ensuring your business is properly set up and ready to operate. Whether you are starting a small business, want to relocate your existing company, or expand into the Serbian market, this comprehensive package offers everything you need to successfully launch and run your LTD (DOO) company in Serbia.

An LTD company in Serbia can have a minimum of one owner and one director, providing flexibility in structuring your business.

The minimum founding capital for a DOO company is less than 1 EURO. The corporate tax rate on profits in Serbia is set at a competitive 15%, ensuring a favorable tax environment for your business.

Package Includes:

1. Company Registration & Legal Documentation

Registration with the Serbian company registry ( APR) is included, along with a full set of company documentation, such as a Certificate of Incorporation, Tax Identification Number, Tax decision, Company statute, and Operating Agreement. Documents translated into English are also included

2. Registered address plus Virtual Office for the first year.

In Serbia, every company is legally obligated to have a registered office address. This address serves as the official point of contact for all communication from the Company Register and Tax department.

From the second year, you can keep using our address as virtual for 85 euros per month.

3. Bank Account Setup

Assistance with opening domestic and foreign currency bank accounts, including Visa or Master debit/credit cards and e-banking services.

4. E-invoicing Setup

We will guide you through the electronic invoicing system process in Serbia SEF (mandatory for issuing receipts).
This will ensure your business complies with Serbian tax regulations and allow you to issue invoices
directly through the official system.

6. E-certificate for easy access to the electronic mailbox for sending and receiving invoices.

7. Initial Tax Consultation

We provide a one-time tax consultation to help you understand the Serbian tax system and your business tax in Serbia.

Why Choose This Package?

1. Flexibility Regarding Founders

An LLC can be founded by one or more legal or natural persons, both domestic and foreign. This provides broader opportunities for cooperation with foreign investors or partners, which can be crucial for entrepreneurs looking to expand their business into international markets. Unlike a sole proprietorship, which must be registered by a single natural person, an LLC offers greater opportunities for partnerships and the expansion of capital through multiple shareholders and owners.

2. Director Can Be a Domestic or Foreign Person

The director of an LLC can be any natural person, whether domestic or foreign. This provides flexibility in attracting international talent and makes it easier to manage the company on a global scale. Foreign founders or investors can appoint a director who is not a Serbian citizen, increasing the interest of foreign investors and opening up more opportunities for international business expansion.

3. Limited Liability

One of the key advantages of an LLC is the limited liability of the owners, meaning that owners are only responsible for the company’s debts up to the amount of their investment. This protects the personal assets of the founders, while in other forms of business, such as a sole proprietorship, the entrepreneur is personally liable for the company’s debts and obligations.

4. Residency and work permit

If you are a foreigner, the LTD company package allows you to get a legal Serbian residency permit, a Serbian ID card, and unique personal number, and a personal bank account.

5. Fixed Taxation for Small Business Owners

Serbia offers a flat tax system for small businesses, allowing for simplified bookkeeping and lower administrative costs. Corporate profit tax is still among the lowest in Europe and the Value Added Tax is among the most competitive in Central and Eastern Europe.

6. Bookkeeping Requirement
If your business income is under 8 million RSD yearly, you will not be required to keep extensive
accounting records, making it easier to manage your business in Serbia.

Why choose us?

Full Legal Compliance: All necessary legal and financial steps are covered, ensuring your company formation in Belgrade is legally registered and compliant with the Serbian Business Register (APR).

Professional Business Setup: You’ll receive high-quality, professional assistance in setting up your DOO company in Serbia.

Additional Services we can provide to your DOO company:

1. Bookkeeping and Accounting Services: We can provide ongoing bookkeeping and accounting services to ensure your company remains tax-compliant and organized.

2. Legal Representation: Our team offers legal representation for any business-related legal matters you may encounter in Serbia.

3. Tax Optimization Advice: Our associates offer consultations on how to structure your DOO company to minimize tax liabilities and increase profitability.

4. Serbian unified permit – allows you to work and live in Serbia with a unique evidential number and ID Card for foreigners. With this d Serbian residency permit, you can live and work in Serbia without any restrictions.

Valid for three years with the possibility to extend for the same period.

CONCLUSION:

A Limited Liability Company (LLC) in Serbia offers greater flexibility in terms of business structure and organization. The founder of an LLC can be one or more legal entities or natural persons, both domestic and foreign, making it easier to attract investments and establish
business partnerships, including with international entities. Additionally, the director of an LLC can be any natural person, whether domestic or foreign, allowing for the hiring of professionals with international experience.

The main advantage is that LLC owners have limited liability, meaning they are only liable for the company debts up to the amount of their investment, which protects their assets. This limited liability feature makes LLC a popular choice for entrepreneurs looking to establish a business in Serbia or expand their business internationally, ensuring both legal protection and financial security.