Why Serbia?

Low Operating Costs

Serbia’s tax system is highly conducive to investments featuring the following unique benefits:

  • One of Europe’s lowest corporate profit tax rates set at 10%;
  • Value Added Tax (VAT), salary tax and social insurance contributions are highly competitive compared to Central and Eastern Europe;
  • A 10-year corporate profit tax holiday for investments over €7.5 million and 100 new employees,
  • Tax credits for investing in fixed assets up to 80% of the invested amount;
  • State subsidies for creating new employment.
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Labor costs in Serbia are comparable to those in the regional EU membership candidate countries, while standing at merely 40% of their level in Eastern Europe EU countries. In addition, low utility costs are a strong factor in reaching high profit margins.

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Source: EUROSTAT, Croatian Central Bureau for Statistics, Statistical Office of the Republic of Serbia

 
 
 

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