Tax Services

WANT TO PAY LESS TAXES?

Serbian taxation system belongs to the group of jurisdictions with lowest tax rates in Europe and remained well below Europe average corporate and personal tax rate.

In Serbia corporate tax rate is 15% and there is no official profit to turnover ratio. Capital gains are separately taxed at the rate that is also 15%.

This is important news for everyone wishing to start new business, especially having in mind tax rates in other jurisdictions in Europe, like Czech Republic (19%), Hungary (19%) and similar competing solutions, not to mention Western European jurisdictions.

Average corporate tax rate in Europe is 22,5%, that puts Serbia in the group of traditionally favorable countries, like Cyprus, where tax rate is only 2,5% lower.

Dividend tax is 15% and the taxable base is 85% of the profit (profit after corporate tax). Dividend tax may be lowered to 5% by activating double taxation avoidance agreement.

• Annual income tax rate is maximum 15%., making Serbian income tax not only one of the lowest in Europe, but also in the world.
• Inheritance tax is levied on inheritances and gifts at progressive rate between 1.5% (for taxpayers in the second order of succession) and 2.5% (for taxpayers in the third and subsequent orders of succession).

• Transfer tax of 2.5% applies on transfer of immovable property (i.e. intellectual property, real property, etc.).
• Property tax is levied on the occupation of real estate at progressive rates ranging from 0.4% to 2%, which is 2 to 15 times lower than Europe average.