Serbia: small but mighty

High-quality, cost-efficient workforce and low corporate taxes

Why Serbia?

Serbia may be small, but it’s one the fastest-growing countries in Central Eastern Europe; the IMF forecasts growth up to 3% in coming years. Serbia is also a key market connecting business with Turkey, Greece, Austria, Germany and Italy thanks to its location in the middle of the continent.

Multinational companies investing in Serbia find significant benefits. On one hand, it has one of the lowest corporate income tax in Europe and one of the most competitive VATs in Central and Eastern Europe. Additionally, the Serbian labour force is considered one of the most high-quality and cost-effective in the sub-region - they receive continuous training on specific know-how and advanced technology applications, especially from the powerful Western European manufacturing and management companies that have bases here.

Our core areas of expertise

TMF Serbia has a strong professional team of accountants, payroll, and HR and legal compliance specialists. We have more than 15 years’ experience in providing efficient and comprehensive compliance solutions for multinational companies, both when setting up operations or already operating in Serbia.

We work with a variety of compliance models, ranging from providing local support to global providers, to full-scale back office services for clients with no administrative staff. When working on a multi-country basis, our clients receive a single point of contact, making communication seamless. Whatever the scope of services or size of our clients, we become an integral and trusted part of their organisation.

We are passionate about our services and work constantly on improving them. We care about the success of our clients and are proud to be a part of it.

We provide the following Global business services:

  • Accounting and Tax services: We take care of local statutory bookkeeping, full consolidated accounts and management reporting to relevant local and international standards. We also help you manage your tax and reporting obligations.
  • Consultancy solutions: A flexible service allowing companies to deal with complexities created by expansion into new countries or growth in existing overseas locations.
  • Corporate Secretarial services: We can take care of recurring compliance filings, manage routine corporate changes and retrieve any official corporate documents from official registries.
  • HR and Payroll services: We help you to apply and implement international policies in employment contracts and handbooks, and pay your staff in compliance with local law.

To find out exactly how we can help you, speak to our experts

We deliver tailored solutions to each precise location that allow you to operate smoothly from day one.

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