Fast Track Registration
Specialized agency and a short procedure is making a start-up of your business simple.
Business registration is highly efficiently done at one place–with the Business Registration Agency. The registration procedure takes a maximum of 18 days, with the future possibility of an on-line registration. The Agency maintains a centralized electronic database of registered business entities, contracts on financial leasing, and pledges.
Upon setting up the Business Registration Agency, the time for starting a business was cut down from estimated 51 to merely 18 days, well below the Europe and Central Asia average of 32 days. The process includes a total of ten procedures costing around $335.
Company types in Serbia are similar to those in developed economies. One can incorporate its business as a Joint Stock Company, Limited Liability Company, General Partnership or Limited Partnership. The minimum capital required is as low as €10,000 or €25,000 for a Joint Stock Company, and €500 for a Limited Liability Company.
