07.03.2023.

How To Incorporate LLC in Serbia (Updated 2025)

✅ What Is an LLC (Limited Liability Company)?

How To Incorporate LLC in Serbia? Easy! But first, lets recap quickly what LLC is. So, a Limited Liability Company (LLC) is one of the most popular business structures globally — and for good reason.

✔️ Why Choose an LLC?

An LLC combines the legal protection of a corporation with the flexibility of a partnership or sole proprietorship. Here’s what that means in practice:

Limited personal liability: Your personal assets are protected. If the business incurs debt or faces legal claims, you’re only liable up to the amount you’ve invested in the company.
Flexible ownership & management: You can start an LLC alone or with partners. You can manage it yourself or appoint others to run it.
Tax advantages: In many jurisdictions, including Serbia, LLCs can be taxed as pass-through entities — meaning the profits (and losses) are reported on your personal tax return, avoiding double taxation.

However, how LLCs are taxed, managed, and regulated varies by country. Let’s take a closer look at how this works in Serbia.

🇷🇸 How to Open an LLC in Serbia (2025 Guide)

Forming an LLC in Serbia is a straightforward process, but it helps to understand the details and avoid common pitfalls.

1️⃣ Pick the Right Company Name

Your name must be unique and can include Latin or Cyrillic characters.
Check availability on the SBRA website.
💡 Tip: Reserve your name as soon as possible — no official name reservation is required, but delays can cost time if someone else registers it first.

2️⃣ Draft the Founding Documents

You’ll need to prepare:

Articles of Association (if multiple members) or
Founding Act (if you’re the sole owner)
💡 Tip: If you’re unsure how to word these, ask a legal expert to tailor them to your business model.

3️⃣ Deposit the Share Capital

Minimum required capital: RSD 100 (~€1)
Open a temporary bank account to deposit the funds
💡 Tip: In practice, some founders face issues with opening a temporary account before the company exists. There are legitimate workarounds your lawyer can advise you on — especially if you’re setting up from abroad.

4️⃣ Register Your LLC

File your documents with the Serbian Business Registers Agency (SBRA).

Standard registration time: 5–7 business days
Filing can be done in person or online (with a qualified e-signature)
💡 Tip: An experienced business attorney can fast-track this and ensure everything is compliant.

5️⃣ Get Tax and Social Security Numbers

After SBRA registration, you must:

Register with the Tax Administration (for a tax ID, VAT if applicable)
Register with social security funds if you plan to hire employees or pay yourself a salary
💡 Tip: Some industries have tax incentives or reduced contribution rates – ask if you qualify.

6️⃣ Apply for Permits and Licenses

Your business activity determines if and what kind of permits you need:

Retail? Health inspection certificate.
Construction? Urban planning permits.
Finance or legal? Regulatory approvals.
💡 Tip: Your activity code (delatnost) defines your regulatory path — choose it wisely.

🧠 Pro Tips for Starting Strong

✅ Foreign founders: You don’t need to be a Serbian resident to own or manage an LLC.
✅ Virtual address services are legal and accepted for registration.
✅ Digital incorporation is possible with an e-ID or power of attorney — useful if you’re abroad.
✅ You can start small and upgrade later — no need for an accountant until you’re VAT-registered or cross thresholds.

📞 Final Advice

While setting up an LLC in Serbia is relatively simple, the devil is in the details. Minor errors in documentation or delays in bank registration can set you back weeks. That’s why:

💬 Consulting a local legal or business advisor is not just recommended — it’s often the fastest and safest way to launch.

At STATT, we help foreign and local entrepreneurs incorporate in as little as 3 business days, with full compliance and support through every step — from name check to tax ID.