Limited liability company (d.o.o.). is commonly prefered for doing business in Serbia. In limited companies the shareholders have a limited liability, according to their shares and suitable for small and medium businesses is the private limited liability company in Serbia. The founders must have minimum share capital of 500 Euro and this type of entity cannot be formed by more than 50 shareholders. All shareholders in the limited company are liable for its earnings and debts. The major decisions of the Serbian D.O.O. are taken by the general meeting of the shareholders, while the daily decisions and the strict control on observing the articles of association are handled by a director.
This type of company is incorporated two or more individuals or legal entities by a partnership agreement Share capital is not necessary to run this business and the capital is usually stipulated in the partnership agreement. The decisions are resolved by all the members
Foreign companies can open their branch offices in Serbia.
Rate of the corporate tax in Serbia is 15%
VAT – Value added tax is 20% standard rate and 8% is the lower rate.
Copyright © 2024 Ozbekcpa All rights reserved