Investment Incentives
State grants and tax incentives are available in Serbia.
Apart from an attractive package of tax incentives, state grants in the range between €2,000 and €10,000 per new job created are now available for Greenfield projects in production, services, and R&D.
Financial Incentives
- Production: from €2,000 up to €5,000 of state grants per new job created;
- Services: from €2,000 up to €10,000 of state grants per new job created;
- R&D: from €5,000 up to €10,000 of state grants per new job created.
Tax Incentives
- A 10-year corporate profit tax holiday for investment over €7.5 million and 100 new employees;
- Corporate profit tax credits up to 80% of the fixed assets investment;
- Carrying forward of losses over a period up to 10 years;
- Accelerated depreciation of fixed assets;
- A 5-year corporate profit tax holiday for concessions;
- Salary tax base deduction in the fixed amount of €60 a month;
- Salary tax exemptions for employees under 30 and over 45 years;
- Annual income tax deductions up to 50% of the taxable income;
- Social insurance contributions exemptions for employees under 30 and over 45 years;
Customs-free imports of equipment based on foreign investment.
