Starting a business – registering company in Serbia can be a relatively
straightforward process. Here are the general steps to follow:
- Research the market: Before starting a business in Serbia, it’s essential to research the market to determine the potential demand for your product or service.
- Choose a legal form: In Serbia, you can start a business as an individual entrepreneur or register a company (Limited Liability Company, Joint Stock Company, or a Partnership). Each legal form has its advantages and disadvantages, so it’s essential to choose the most suitable one for your business.
- Register your business: To register a business in Serbia, you need to obtain a Business Registration Number (BROJ) from the Serbian Business Registers Agency. You can apply for BROJ online, and the process usually takes a few days.
- Obtain necessary permits and licenses: Depending on the nature of your business, you may need to obtain permits and licenses from the relevant authorities. For example, if you want to start a restaurant, you need to obtain a food safety certificate from the Ministry of Agriculture.
- Open a business bank account: You need to open a business bank account to manage your finances and receive payments from clients.
- Hire employees (if necessary): If you need employees, you need to register with the National Employment Service and obtain a tax identification number.
- Pay taxes: In Serbia, you need to pay taxes on your business income. You need to register with the tax authorities and obtain a tax identification number. Starting a business in Serbia may require some additional steps depending on your industry and specific circumstances. Therefore, it’s essential to consult with a lawyer or an accountant who can help you navigate the process and ensure compliance with all legal requirements.
