Company Formation & Entity Setup in Serbia
D.o.o. and a.d. incorporation, Business Registers Agency (APR) filing, and post-formation compliance setup.
SerbiaCurrency
RSD (Serbian dinar) — many contracts reference EUR
Legal forms
D.o.o. · A.d.
Minimum share capital
D.o.o.: RSD 100 (~€1)
Registration body
Serbian Business Registers Agency (APR)
Formation timeline
As little as 3–5 business days
Corporate tax rate
15% flat, no surcharges, no minimum tax
How company formation works in Serbia
Serbia applies a flat 15% corporate income tax rate uniformly to resident and foreign companies earning Serbian-source income, with no municipal surcharge and no minimum tax — one of the lowest and structurally simplest corporate rates in Europe. The d.o.o., Serbia's standard limited liability company, can be formed with as little as RSD 100 in share capital and registered remotely through the Business Registers Agency (APR).
Discuss your Serbia market-entry structureMatched to your business objective
D.o.o.
The standard vehicle for an operating subsidiary of a foreign company — the default choice for most market-entry engagements in Serbia.
A.d.
Used for larger operations, more formal governance needs, or entities seeking to raise capital publicly.
Branch
Useful for testing the Serbia market before committing to a subsidiary, or for keeping a single legal entity across borders. Creates a taxable presence — profits are generally taxed in Serbia.
Representative office
For market research and liaison activity only — cannot sign contracts, invoice, or trade locally in most jurisdictions.
What it takes to register, and how long
Formation runs through the Serbian Business Registers Agency (APR), typically taking As little as 3–5 business days.
- Nine-criterion independence test — for sole traders — meeting five or more criteria risks reclassification of contractor income as disguised employment, with retroactive tax and contribution consequences
- Flat-rate (paušal) regime cap — at RSD 6,000,000 annual income for sole traders — exceeding it requires moving to standard double-entry bookkeeping and taxation
- Social security contribution cap — at five times the average monthly salary, limiting both employer and employee contribution exposure for higher earners
- Newly settled taxpayer relief — — a 70% reduction in tax base and social security contributions for qualifying employees relocating to Serbia, available for five years
Frequently asked questions
Talk to a Serbia formation expert
Companies treating Serbia purely as a low-cost contractor base without assessing the independence test exposure are taking on retroactive reclassification risk that can be substantial once a relationship is examined closely — particularly for long-tenured, single-client arrangements common in IT outsourcing. Structuring the relationship correctly from the outset is materially cheaper than correcting it after a tax authority review.