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Be Wary Of The Following Things When Considering Tobacco Business in Serbia

  Before entering the tobacco business you must know…   If you were thinking of starting a tobacco production, distribution, and trade business, but you are troubled by questions related to the necessary permits, processes, requirements, and expenses, then you are in the right place. In the following text, we will take you through the […]

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What Is New With Incentives For Employment Of Foreigners In Serbia

Be among the first to use the package of incentives for the employment of foreigners in Serbia   Do you want to hire foreigners as part of your business? Do you want to save 70% on employee payroll tax and 100% on employee compulsory social security contributions? If the answer is yes, then this text […]

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Quickest Way To Serbian Citizenship No One Dares To Talk About

Generally, the Serbian Citizenship Rules prescribe fulfilment of different conditions for admission of foreign nationals to the Serbian citizenship. Typically, successful admission to Serbian citizenship depends on existence or presence of a number of factual and legal reasons and grounds, which are always considered and assessed on a case-by-case basis. Ordinary naturalization is, hence, usually […]

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Beware Of Tax Duty On Using Software In Serbia

Withholding tax based on software usage fees   Are you planning to improve your business by implementing and using software from abroad? Before you do that, it is invaluable to get acquainted with the tax obligations that you may encounter along the way, because otherwise, you could suffer unforeseeable consequences. If you perform your activity […]

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How Can You Produce & Consume Electricity in Serbia

  Guide for prosumers – legal entities and entrepreneurs The Law on the Use of Renewable Energy Sources (“Law“)[1] allows entrepreneurs, individuals and legal entities to connect a power plant producing electricity to their installations using renewable energy sources and thus meet their electricity needs in part or in full, as buyer – producer (“Prosumer“). […]

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UNJUSTIFIED ABSENCE: Right To Dismiss A Worker

Abuse of leave due to temporary incapacity for work   Does your employee (“Employee“) go on sick leave too often or all of a sudden even though his or her health condition appears to be in perfect order? Do you doubt the justification, i.e. the existence of reasons for incapacity for work? If the answer […]

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Tax Heavens From Serbian Tax Perspective

Withholding tax and companies from jurisdictions with a preferential tax system   Obligation to calculate and pay withholding tax (“Withholding Tax”) exists when a non-resident legal entity (“NLE”) realizes income from a resident legal entity or entrepreneur who keeps business books (“RLE”) in situations provided by the Act on Corporate Income Tax (“CIT Act”)[1], based […]

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How To Obtain Serbian Passport

Privileged admission to the citizenship of the Republic of Serbia for members of the Serbian nation     The Law on Citizenship of the Republic of Serbia (“Official Gazette of the RS”, No. 135/2004, 90/2007 and 24/2018, the „Law“) regulates the conditions for admission to the citizenship of the Republic of Serbia.   One of […]

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