How To Incorporate LLC in Serbia

What Is LLC?

LLC stands for Limited Liability Company.

It is a type of business entity that combines the benefits of a corporation and a partnership or sole proprietorship.

An LLC offers limited liability protection to its owners (also called members), meaning that they are not personally liable for the company’s debts and obligations beyond their investment in the company. This means that the personal assets of the members are protected in case the business is sued or faces financial difficulties.

At the same time, an LLC has more flexibility in terms of management and ownership compared to a corporation. The owners can choose to manage the business themselves or appoint a manager, and ownership can be divided among any number of members.

LLCs are often taxed as pass-through entities, meaning that the profits and losses of the business pass through to the members, who report them on their individual tax returns. This avoids double taxation at both the company and individual level.

The specific laws and regulations regarding LLCs can vary depending on the country and jurisdiction. It’s recommended to consult with a local legal or business advisor who can provide guidance on the best business structure for your specific needs.

How to Incorporate LLC in Serbia?

To incorporate a Limited Liability Company (LLC) in Serbia, you will basically need to follow these general steps:

Company Name

  1. Choose a company name: The first step is to choose a unique name for your company. You can check the availability of company names at the Serbian Business Registers Agency (SBRA) website.

Incorporation Documents

  1. Prepare the founding documents: You will need to prepare the company’s founding documents, which include the articles of association and the decision on incorporation.

Minimum Share Capital

  1. Deposit the share capital: The minimum share capital for an LLC in Serbia is RSD 100 (approximately 1 USD). You will need to deposit the share capital into a temporary bank account, which will be blocked until the company is registered. Yet, there are legal and legit ways around this requirement, in case you are unable to comply with this rule.

LLC Incorporation

  1. Register the company: You will need to register the company with the SBRA by submitting the founding documents, proof of share capital deposit, and other required documents. The registration process usually takes about 5-7 business days.

Tax and Social Security Numbers

  1. Register for tax and social security: Once the company is registered, you will need to register for tax and social security with the relevant authorities.


  1. Obtain necessary licenses and permits: Depending on your business activities, you may need to obtain additional licenses and permits from the relevant authorities.

PS. It’s important to note that the specific requirements and procedures for incorporating an LLC in Serbia can vary depending on the business activities and other factors. It’s recommended to consult with a local legal or business advisor who can guide you through the process and ensure that all necessary requirements are met.

For more information on this or any other legal, tax, or business topic, feel free to write to us at [email protected] at any time or call us at phone number +381113281914 every working day from 08:30 to 16:30.

Information contained in this alert is for the general education and knowledge of our readers. It is not designed to be, and should not be used as, the sole source of information when analyzing and resolving a legal problem, and it should not be substituted for legal advice, which relies on a specific factual analysis. Moreover, the laws of each jurisdiction are different and are constantly changing. This information is not intended to create, and receipt of it does not constitute an attorney-client relationship. If you have specific questions regarding a particular fact situation, we urge you to consult the authors of this publication, your AK STATT representative, or other competent legal counsel.

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