Company formations
- choose a business entity -
As a private Consulting & Accounting Agency, we provide comprehensive business setup and company registration support in Serbia to international and Serbian companies looking to establish, launch and manage their business operations in Serbia.
Company registration itself is carried out by the competent registration authority. We are a private agency and independent service provider, not a government institution or public authority. Our role is to provide professional consulting, business setup and administrative support to clients throughout the company formation and registration process in Serbia.
We begin by assessing your business needs and helping you choose the most suitable legal structure for your business in Serbia, including a Limited Liability Company (D.O.O.), entrepreneur, branch office or representative office. We explain the advantages and potential considerations of each option and provide guidance on selecting the appropriate business activity code, assessing fiscalization requirements, determining work permit requirements, preparing the founding documents and assisting with the submission of the necessary forms.
Our company formation and business setup services in Serbia are designed to provide a clear overview of the steps and requirements involved in starting a business, allowing you to make informed decisions before launching your operations.
One of the key advantages of our integrated services is tax consulting and tax planning before establishing a company in Serbia. By considering tax obligations and employment-related requirements at an early stage, we help clients avoid potential compliance issues that may arise when company registration is considered separately from tax and employment matters.
A successful business setup in Serbia also requires an understanding of the obligations that may arise immediately after company incorporation. These may include determining the appropriate employment and legal status of the company director, registering the beneficial owner, submitting the relevant preliminary tax returns and completing other required administrative procedures.
Proper preparation and timely compliance can help businesses avoid missed deadlines, unnecessary administrative procedures, corrective filings and potential penalties.
Whether you are a foreign investor, an international company or a Serbian entrepreneur, our agency provides professional business services in Serbia tailored to your specific needs. We can assist you with company registration support, business consulting, tax consulting and administrative procedures related to establishing and operating a business in Serbia.
Simplify your business setup in Serbia with professional consulting and administrative support from our private agency. From company formation and registration support to tax consulting and ongoing business services in Serbia, we provide practical guidance and assistance to help you establish and manage your business with greater confidence.
Start your business in Serbia with professional support from an experienced private
Consulting & Accounting Agency
* * * Remote company formation prior to arrival in Serbia * * *
Entering new market is not short-term decision. It requires careful consideration of all relevant factors thorough research and analysis. Each type of business entities has specific structures and therefore advantages. The legal setup procedures also vary for each structure. The most convenient way to make the first step of setting up business in Serbia is to consult business professionals. We would be eager to provide necessary information, to hear your concerns and clear your doubts.
Let us be part of your business strategy.
For more detailed information about procedure, documentation and duration of company incorporation process in Serbia
SP
Paushal
Flat-Rate Sole Proprietor Business Setup in Serbia
Operating as a flat-rate sole proprietor in Serbia (preduzetnik paushalac) can be a simple business model for certain types of activities. Choosing the right business activity, checking the requirements for flat-rate taxation and preparing the necessary documentation are important steps before starting your business.
Our service provides consulting and administrative support for registering a flat-rate sole proprietor in Serbia. We help you understand the basic requirements, prepare the necessary information and documentation, and organize the administrative steps involved in starting your business.
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Flat-Rate Taxation Consultation – Information about the basic principles and requirements of flat-rate taxation.
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Business Activity Check – Assistance with selecting the appropriate business activity code and checking whether the activity may qualify for flat-rate taxation.
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Business Start-Up Consultation – Guidance on the basic administrative and tax obligations when starting as a flat-rate sole proprietor.
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Document Preparation – Assistance with preparing the information and documentation required for registration.
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Registration Application – Administrative support with preparing and completing the registration forms.
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Document Submission Support – Assistance with organizing and submitting the documentation to the competent registration authority.
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Post-Registration Guidance – Basic information about the administrative and other obligations that may apply after starting the business.
About Paushal
Paushal is a special type of Sole Proprietorship, which is distinguished by a simplified form of management and taxation. This is a convenient form for entrepreneurs who start a business and want to minimize administrative costs. However, it is important to take into account all the features and requirements in order to effectively manage the company and avoid possible risks.
Pros
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Lower Penalties for Violations
Individual entrepreneurs are subject to significantly lower penalties compared to companies established as LLCs. -
Withdrawing Money
Flat-rate sole proprietors can withdraw funds without restrictions and without providing supporting documents. -
Simplified Bookkeeping
Annual financial statements are not required. -
Employing Family Members
Sole proprietors may engage family members in their business without establishing a formal employment relationship. This is possible in the following cases:-
Family members may provide occasional assistance during the working day, exclusively at the business premises.
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During training for carrying out activities related to traditional crafts.
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When the business owner is on annual leave in accordance with applicable law.
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Closing a Sole ProprietorshipCompared with other business entities, such as LLCs, the procedure for closing a sole proprietorship is significantly simpler.
Cons
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Amount of basic taxes - every month Paushal Sole Proprietorship has to pay the basic amount of taxes, regardless of whether month was successful or not. If monthly expenses are higher than income, the basic amount of taxes will remain the same.
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Personal liability - In case of financial difficulties, the owners are personally liable for the company's debts.
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Business Activities Limitation - It is not allowed to perform activities that are not allowed for Paushal (for example, trade).
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VAT - Being in the VAT system has its pros and cons. Paushal cannot be in the VAT system, i.e. it cannot use tax deductions for VAT paid on incoming goods and services.
Company Formation
Sole proprietorship
- Knigash -
50
euro
Sole Proprietor Registration in Serbia - Bookkeeping-based taxation
(Knigash)
Starting a business as a sole proprietor in Serbia requires proper preparation of the documentation and administrative steps involved in the registration process. Our sole proprietor registration support provides practical assistance with document preparation, completing the required forms and submitting the registration application to the competent authority.
The service is designed to make the administrative part of starting a business in Serbia simpler and more efficient, with prior consultation on choosing the appropriate business structure and taxation method.
Our Service Includes:
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Legal Structure Consultation – Assistance in considering options such as a sole proprietorship and a Limited Liability Company (D.O.O.), including an overview of the main advantages and considerations of each option.
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Taxation Consultation – Information and support when choosing between flat-rate taxation, self-taxation and the VAT system, depending on the characteristics of the business.
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Business Activity Code Selection – Assistance with selecting the appropriate primary business activity and information on matters that may be relevant to the business, such as fiscalization, permits or specific requirements for carrying out certain activities.
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Document Preparation – Assistance with preparing the documentation required to start the registration process.
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Application Preparation and Submission Support – Assistance with completing the registration application and preparing the required forms for submission to the competent authority.
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Document Submission Support – Practical assistance throughout the administrative part of the registration process and submission of the required documentation.
About Knigash
Knjgash is a form of Sole Proprietorship, which has no restrictions in terms of the activities it can perform. This enables greater business flexibility compared to Paushal type of Sole Proprietorship. Knigash can start new business project in all activities while Paushal has certain limitations. Paushal cannot perform certain activities, ie. those that are not allowed to him by law. As a result, Paushal has less opportunities to earn additional income.
Knigash has more realistic taxations. He pays taxes on realized income, while for Paushal the basic amount of tax is prescribed by the Tax Administration.
Every Knigash has the opportunity to choose whether he wants:
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to pay himself a salary
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not to pay himself a salary
If Knigash decides to pay his salary, he determines the amount of salary he wants to pay, and thus the amount of payroll tax.
Pros
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Lower fines
Fines are significantly lower for entrepreneurs compared to LLCs. -
Lower tax burden
Detailed bookkeeping enables accurate insight into earned income, which results in more accurate taxation. There is no income tax if company has loss. -
There are no business restrictions
Unlike Paushal, Knigash can perform all activities that are allowed by law, which allows them to have greater flexibility in terms of performing economic activities. As a result, there is a greater opportunity to earn income. -
Withdrawal of money
Sole Proprietorship Knigash can take money from the company's account for personal needs. -
Employment of relatives
Sole Proprietorship have the right to hire relatives without establishing an employment relationship in the following cases:
1. They can work occasionally during the day and exclusively at the headquarters.
2. They can work during training of old crafts.
3. They can work instead of owner, when the owner uses annual leave in accordance with the law. -
Closing the business
Compared to a LLC, the procedure for closing Sole Proprietorship is significantly simplified.
Cons
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Personal responsibility
In case of financial difficulties, the owners are personally responsible for all debts of the business. -
Detailed accounting
Unlike Paushal entrepreneurs, Knigash has to keep detailed bookkeeping and to submit annual financial reports.
SP
Knigash
LTD
(LLC)
LTD (LLC)
Company formation
Company Formation in Serbia
Limited Liability Company
* D.O.O. *
Establishing a Limited Liability Company (D.O.O.) in Serbia involves several important decisions and administrative steps. Our service provides consulting and administrative support for D.O.O. formation and registration, from the initial selection of the business structure and activity to preparing the required documentation and submitting the registration application to the competent authority.
Through practical support, we help you prepare for company registration and make the administrative part of the process simpler and more organized.
Our Service Includes:
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Pre-Formation Consultation – Information about the basic characteristics of a D.O.O., company obligations and the key elements that need to be defined when establishing a company.
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Business Activity Selection – Assistance with selecting the appropriate primary business activity and information about any specific requirements, permits or obligations that may apply to the chosen activity.
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Taxation and Tax Obligations – Basic information about the tax treatment of a D.O.O., VAT obligations and other relevant tax matters based on the planned business activities.
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D.O.O. Formation Document Preparation – Assistance with preparing the information and documentation required to start the company formation process.
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Founding Document Preparation Support – Administrative assistance with the documentation required for establishing the company.
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Registration Application Preparation – Assistance with preparing and completing the company registration application.
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Document Submission Support – Assistance with organizing and submitting the documentation to the competent registration authority.
About LTD (LLC)
A limited liability company (LLC) is a legal form of an enterprise that enables economic activity with limited liability for the company's obligations. DOO is the ideal form for small and medium-sized companies. The owners of the company are only responsible for the obligations of the company to the extent of their share in the company. This makes LLCs the best choice for those who want to protect their personal assets while enjoying the management flexibility that this business model provides. The company must have a Founding Capital, which is divided into shares. The minimum amount of founding capital varies from country to country. In Serbia, the minimum amount of basic capital for an LLC is about 1 euro. For founders who intend to apply for a temporary residence and work permit based on their position in the company, the minimum amount of founding capital is 5.000 EUR. For certain specific activities, such as financial leasing, different minimum amounts of founding capital are prescribed. Each shareholder is entitled to a share of the company's profits in accordance with his share. LLC can have one or more directors who manage the business of the company. Directors can also be shareholders, but this is not mandatory. They represent the company to third parties, make business decisions and are responsible for managing day-to-day operations. The owner has the option to be the director.
Pros
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Limited liability
Owners are liable only to the extent of their share in the company, which provides significant protection for personal assets.
Cons
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Higher penalties
Penalties are significantly higher for an LLC compared to a Sole Proprietorship. -
Cash withdrawal
Compared to SP, LLC owners have less flexibility in withdrawing cash for personal use. -
Employment of relatives
DOO does not have the right to employ relatives without establishing an employment relationship. -
Closure of LLC
Compared to a SP, the procedure for closing a LLC is more complex.
100
from
euro/
month
Representative Office Setup in Serbia
Foreign Company Registration
Planning to expand your business into the Serbian market? Establishing a representative office in Serbia can be one way for a foreign company to establish a business presence in Serbia and begin activities in a new market.
We provide consulting and administrative support for establishing a representative office in Serbia, including assistance with preparing the required documentation and organizing the registration process. Our goal is to simplify the administrative steps and help you prepare for doing business in Serbia.
Our Service Includes:
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Initial Consultation – Information about the options for establishing a business presence for a foreign company in Serbia and the basic requirements for setting up a representative office.
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Choosing the Appropriate Business Structure – Assistance in understanding the differences between a representative office and a branch office, depending on the planned business activities.
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Business Activity and Requirements Check – Information about selecting the appropriate business activity and any specific requirements, permits or approvals that may apply.
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Document Preparation – Assistance with collecting and preparing the documentation required to start the establishment and registration process.
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Form Preparation – Assistance with preparing the registration application and other forms required during the registration process.
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Document Submission Support – Administrative assistance with organizing and submitting the documentation to the competent registration authority.
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Information on Post-Registration Obligations – Basic information about the administrative steps and obligations that may apply after the representative office has been registered.
Representative office
The Representative Office can perform preparatory and preliminary actions in order to conclude legal affairs, but it cannot perform business activities. The Representative Office does not have the status of a legal entity and the founding company is responsible for its obligations to third parties. The Representative Office is limited to performing only preparatory and preliminary actions, which means that it cannot directly trade in goods or services. Also, Representative Offices cannot open their own bank accounts, but use non-resident bank accounts of the founding company. They do not submit annual financial reports to the Business Registers or reports to the National Bank of Serbia because they are considered non-residents.
Representative office
Branch
Branch Setup in Serbia
Expanding into the Serbian market can be an important step in the growth of an international company. A branch of a foreign company in Serbia allows a company to organize its business activities in Serbia, with support in preparing the required documentation and completing the necessary administrative procedures.
We provide consulting and administrative support for establishing a branch of a foreign company in Serbia, focusing on document preparation, defining the required information and providing support throughout the registration process.
Our Service Includes:
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Initial Consultation – Information about the basic requirements and procedures for establishing a branch of a foreign company in Serbia.
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Defining Business Activities – Assistance with determining the business activities and scope of the branch, based on the planned activities in the Serbian market.
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Information on Required Documentation – Overview of the information and documents required to start the registration process.
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Document Preparation – Administrative support with preparing the documentation required to establish the branch.
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Registration Application Support – Assistance with completing the registration application and preparing the accompanying forms.
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Document Submission Support – Assistance with organizing and submitting the documentation to the competent registration authority.
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Information on Post-Registration Obligations – Basic guidance regarding the administrative steps that may be required after the branch has been registered.
Branch
A branch is an organizational unit that operates in Serbia, but does not have the status of a legal entity. It functions in the name and on behalf of the parent company and can perform business activities in accordance with the laws of the Republic of Serbia. A branch may have different predominant activities from those performed by the founding company, and may have different representatives. The founding company can open one or more branches in Serbia. The business name of the branch must include an indication that it is a branch, with the possibility of using a name in addition to the name of the founding company. The branch operates through resident bank accounts and can receive loans and credits from the founding company. In order to carry out international transactions, branch must have a tax clearance certificate. Bookkeeping and reporting are mandatory according to the Law on Accounting and the Law on Foreign Exchange Operations, including VAT registration if the turnover exceeds RSD 8,000,000.
Branch
Additional Services
Virtual office
With the virtual office service, you have an opportunity to set up your company and to receive mail at our address.
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Company address
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Address for receiving mail
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Mail management service: Mail forwarding daily, weekly, bi-weekly, or monthly.
Residency and work permits
If you have decided to remain in Serbia longer, you need a residency or work permit. Our agency can help you to facilitate the process of acquiring:
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Temporary residency permits
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Work permits
Change of Business Date
A step forward in the development of your company may require changing certain information or the structure of your company. We can quickly and easily change company data at APR with minimal involvement on your part.
Update:
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Company name
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Head Office
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Representatives
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Activity
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And etc.
Company Closure in Serbia
If you are planning to close your business, we provide consulting and administrative support throughout the formal company closure process.
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Sole Proprietor Closure and Dissolution Support
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LLC Closure and Dissolution Support