VAT in Serbia is a consumption tax that was introduced in 2005 and is currently 20%. In addition to the stated general VAT rate in Serbia, there is also a special VAT rate of 10% in Serbia.

Taxes in Serbia are public levies of the Republic of Serbia paid by certain categories of natural and legal persons, so-called Serbian tax residents.

Opening a bank account in Serbia is a prerequisite for conducting various financial transactions in the Republic of Serbia. Having a bank account in Serbia is a prerequisite for modern functioning.

Until three years ago, money transfer from Serbia to Russia and vice versa was common practice in the business world. Today, such a money transfer is a challenge for all parties involved in such a transaction.

A visa for Serbia is a document that is needed only for foreigners whose country does not have an agreement on a free visa regime with Serbia.

Wages in Serbia represent payments for work or services under a contract and the average net wage amounts EUR 855.

The average salary in Serbia is the average salary earned by every employee in Serbia. It is therefore the average salary, not the median, and it refers to the entire pool of salaries, i.e. to all activities. It is interesting that in Serbia, employees’ salary expectations are generally expressed net and on a monthly basis.

Moving to Serbia is a step that can have positive consequences, not only in the way of life, but also in the legal sense, for every individual or legal entity.

Prevention and fight against money laundering in Serbia has been prescribed by the Law on Prevention of Money Laundering and Terrorist Financing.

Types of companies in Serbia are Limited Liability Company (LLC), Joint Stock Company, Partnership, Branch Office, Entrepreneur, Foreign Company Representative Office.