Residence Permit

Residence permit by Company Formation

• Residence Permit by Company Formation Package
  • Registration of company
  • Virtual address of the company
  • Opening a personal non-resident bank account
  • Applying for a residence permit
  • Access with the client to the date of obtaining the residence permit sticker from the government
• In order to obtain a residence permit, only two visits to Serbia are necessary (the first arrival is the submission of the application, the second arrival is the collection of the residence permit sticker).
• A residence permit is obtained for a period of 3 months to 1 year
• A residence permit allows you to stay in Serbia
• On the basis of a residence permit, you can buy car in your name in the Republic of Serbia.
• After 5 years, during which you renew your residence permit every year, you get permanent residence in the Republic of Serbia
• Residence Permit is the first step towards obtaining citizenship of the Republic of Serbia
• In order to apply for a work permit in Serbia, you must have a residence permit in Serbia

One of the ways for a foreign citizen to get Residence permit is by Company Formation in Republic of Serbia. The whole procedure mainly consists of two steps, namely the company registration procedure and after that the procedure of obtaining a residence permit

Obtaining a residence permit in this way good option, bearing in mind that it is much cheaper for foreign citizens than obtaining a residence permit based on the purchase of real estate, for example.

First step Company registration

In order to apply for a Residence Permit, you must first register your company in the Register of Business Entities. The advantage of LLC registration is that the company is liable for its obligations with its assets, while with an entrepreneur, the entrepreneur himself is liable unlimitedly with his assets for the obligations of the entrepreneur.

When registering an LLC, it is necessary for the founder or founders, to certify the founding act at a public notary in the presence of an authorized court translator, while the entrepreneur is not required to certify the founding act, but only on the basis of the passport, the entrepreneur is registered. We emphasize that we can register an LLC in Serbia on the basis of a special power of attorney that you will legalize in your country (under the legalization of the power of attorney, by default, you must notarize it and then put an apostille stamp on it).

From legal forms, we suggest either LLC or entrepreneur.

Necessary documentation for LLC registration:

1. Notarized founding act of the company – the founder can notarize the founding deed personally in Serbia or he can notarize a power of attorney in his country authorizing a lawyer to sign and notarize the founding deed in Serbia,
2. Scanned passport of the founder
3. Payment of the company registration fee
4. Application for company registration
5. Confirmation of the bank on the payment of the founding capital
6. Power of attorney for submitting the application

Necessary documentation for Entrepreneur registration:

1. Scanned passport of the founder
2. Application for Entrepreneur registration
3. Power of attorney for submitting the application
4. Payment of the company registration fee

The company is registered within 5 working days from the day when all the documentation necessary for registration is submitted.

Second step Residence Permit

Temporary residence is a residence permit of a foreign citizen in the Republic of Serbia and can be granted to a foreigner who intends to reside in the Republic of Serbia.

The request for a residence permit can be submitted in person or electronically.

In the case when the request for a residence permit is submitted in person, it is necessary that you first receive an appointment from the government, to which you will come with all the necessary documentation. When you submit all the documentation, you will receive a confirmation of this. When submitting the documentation, you will be given a deadline of usually 30 days, when you will come again and when you will have a temporary residence sticker stamped in your passport (we emphasize that there is a possibility that you will be heard on that day in order to carry out all the details related to the request for a residence permit). If your documentation is incomplete or another document is missing, you will be ordered to submit it within 8 days.

A residence permit is granted for a period of 3 months to 12 months (to 1 year) and is extended every year.

Necessary documentation in order to obtain a Residence Permit:

1. Extract from the company register, on the basis of which it is proved that you are the owner of the company in the Republic of Serbia (the fee for obtaining this document is RSD 1,700),
2. White Card (A residence permit can only be applied for on the basis of a white card issued for a foreign citizen in police station by the owner of the apartment where the foreign citizen resides. We emphasize that the white card that you receive at the hotel is not usable for obtaining a residence permit.,
3. Statement of the owner of the apartment – with this statement, the owner of the property you leased in Belgrade confirms that you live at the address in Serbia. Instead of renting real estate in Belgrade or Serbia, we will help you provide this service on a monthly basis, which is much cheaper than renting real estate.
4. CV – you draw up this document and in it you confirm the facts about your education, and you also state why you registered the company in Serbia, what are your future plans in Serbia
5. Filling out a specific form for residence permit
6. Health insurance – Health insurance is generally taken out by foreign citizens for one year and you buy it at our office through authorized insurance agents.
7. Certificate from the Bank on sufficient funds for support during your stay in Serbia – In order to receive this certificate, you must first open a personal non-resident account in one of the banks. After you open a personal account in one of the banks in Serbia, you will pay approx. EUR 650 to your bank account and ask the bank to issue you a confirmation that you have that money in the account at that moment. The good thing is that immediately after you receive confirmation from the bank, after 24 hours you can dispose of the money in your personal account. We can open a personal account in the Bank for you on the basis of a special power of attorney, without your presence.
8. Proof of payment of the administrative fee (administrative fee is approximately RSD 19.000,00 RSD)
9. Photos

• With Residency permit by company formation you dont need to invest in Serbia in order to get a residence permit. It is allowed to form a company with yourself as the only employee. Client signs the working contract with his company, which proves that the source oh his livelihood is in Serbia.
• To get the first Serbian residence, you do not have any obligation to stay in Serbia for the duration of the residence process.
• Tax residency – Client can become a tax resident of Serbia 1 year after first approval of the Serbian residency. Client will receive the tax residency with the Hague Apostille and translation to the preferred language.
• Permanent residency can be obtained in 5 year After holding residency for at least 5 years, permanent residency can be obtained.
• Working license To obtain a work permit in the Republic of Serbia, you only need to provide us with: – Residence permit – Diploma copy (original version, and second version translated into Serbian: notarized and apostilled by a notary) – Certificate from Serbian Business Registration Agency – Curriculum vitae: (translated in English)
• Travel Visa-free to Serbia