International Tax Planning
Serbia

A low-tax European base outside the European Union.

Serbia combines accessible residency routes, comparatively low personal and corporate taxes, affordable living and a strategic position between Western Europe and the wider East.

Discuss Serbia
JurisdictionSerbia
Serbia flag
Employment Income Tax10%
RegionEurope
Permanent ResidenceAfter 3 Years
Corporate Tax15%
CurrencyRSD
Private Client Advisory

Residency, tax planning, company structure and long-term citizenship considered together.

SERBIA
Serbia at a Glance

The essentials, before the detail.

01Employment Income10%

A low flat rate on employment income.

02Capital Income & Gains15%

Generally applicable to capital income and gains including many investments.

03Corporate Tax15%

A flat corporate income tax rate.

04Permanent Residence3 Years

Eligibility can arise after three years of temporary residence.

Why Serbia

A European Plan B with a different rulebook.

Serbia remains outside both the European Union and NATO while maintaining significant economic relationships with Europe, Russia and China. For internationally mobile entrepreneurs, that creates a very different proposition from the better-known EU relocation hubs.

It also combines comparatively low taxes with accessible residence options and a cost of living that remains low by European standards.

01
Low European Tax Rates

Employment income is taxed at 10%, while corporate tax and many forms of capital income are taxed at 15%.

02
Accessible Residency

Company formation, real estate and investment can each provide a basis for temporary residence.

03
Affordable & Livable

Belgrade and Novi Sad offer an established expat environment, modern districts and relatively affordable day-to-day living.

Residency

Three practical ways into Serbia.

The right route depends on whether you want to operate a Serbian company, acquire property or make a more substantial investment into a local business.

02
Real Estate

Property-Based Residency

Ownership of qualifying Serbian real estate can provide a basis for renewable temporary residence.

Legal MinimumNo Fixed Minimum
LocationAcross Serbia
PermitTemporary Residence
ProfileInvestors & Families
03
Investment

Investor Residency

A qualifying investment into a registered Serbian company can also support a residence application.

Investment€50,000
DestinationSerbian Company
PermitRenewable
ProfileInvestors
Relocation Process

From entry to Serbian residency.

The exact documentation depends on the route, but the practical process follows a relatively clear sequence.

01
PlanningSelect the residence basis

Choose between company formation, property ownership or qualifying investment.

02
EntryEnter and register your address

Many passport holders can enter visa-free for up to 90 days before completing the local process.

03
ApplicationSubmit the residence file

Provide the route-specific documents, health insurance and evidence of sufficient financial means.

04CompletionBiometrics & residence card

After approval, complete biometrics and receive the Serbian residence permit and ID documentation.

Tax Position

Low tax, but not one flat rate.

Serbia uses a schedular system, so the applicable rate depends on the category of income. The frequently quoted 10% rate applies specifically to employment income rather than to every form of personal income.

For entrepreneurs, the combination of 10% employment income tax and 15% corporate tax can still compare favourably with much of Europe, but the complete structure needs to account for social contributions, income type and cross-border treaty exposure.

Illustrative Tax Position
PersonalEmployment Income
10%
PersonalCapital Income & Gains
15%
PersonalRental Income
Up to 20%
CorporateCorporate Income Tax
15%
IndirectStandard VAT
20%
Exact treatment depends on income category, residence status, contributions, company structure and individual circumstances.
Example Structure

What this can look like in practice.

An illustrative setup for an entrepreneur genuinely relocating to Serbia through a local company.

01IndividualSerbian Resident

Temporary residence and a genuine personal base established in Serbia.

02Local CompanySerbian D.O.O.

The local company provides the employment and commercial basis for the residence route.

03InternationalCross-Border Operations

Other entities or investments may remain abroad where commercially and tax appropriate.

Illustrative only

The ownership, management, income flows and operating jurisdictions should be designed around the actual business model and the tax residence of the individuals involved.

Who Serbia Suits

Serbia works best for a particular profile.

01
International Entrepreneurs

Founders who want an affordable European base with comparatively low personal and corporate taxes.

02
Plan B Residents

Individuals seeking a genuine residence option outside the European Union with a pathway toward permanent residence.

03
Freelancers & Consultants

Smaller service businesses may also find Serbia's local business regimes attractive where the relevant eligibility conditions are met.

Important Considerations

The residency is only one part of the decision.

01Genuine Connection

Renewal requires a real connection to Serbia. Residence should not be treated as a paper permit with no local commitment.

02No U.S. Tax Treaty

Serbia has no income tax treaty with the United States, which can create significant withholding-tax considerations for U.S.-sourced income.

03Leaving Your Existing Tax System

Obtaining Serbian residency does not by itself terminate tax residence in the country you are leaving.

04EU Candidate Status

Serbia is an EU candidate. Future accession or closer alignment could change parts of the regulatory and international reporting environment.

Long-Term Path

From temporary residence to a longer-term Serbian base.

After three years on temporary residence, an applicant can become eligible to apply for permanent residence. The script also identifies a later naturalisation path after holding permanent residence for a further three years.

Separately, Serbia has a discretionary citizenship-by-exception route for individuals considered to provide exceptional value or contribution to the country. This is not a standard citizenship-by-donation programme and approvals are case-by-case.

Private Client Advisory

Is Serbia the right Plan B for you?

We assess your existing tax residence, business model, income, residency objectives and long-term citizenship goals before recommending whether Serbia actually fits.

Apply for a Consultation
Our Approach
01Profile Assessment
02Structure Design
03Relocation Execution
SERBIA
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