DOO, Preduzetnik or AD
DOO (LLC) — the main form for businesses with partners and EU clients. Minimum capital is symbolic.
Preduzetnik (sole proprietorship) — flat-rate tax for some activities (with limits). Suits a portion of IT freelancers.
RS · Europe
Serbia. Europe without the eurozone and EU compliance by default.
Serbia is often chosen for founder relocation, local hiring and work with European counterparties. Residency isn't a side-effect of registering a company — it's a separate package.
Tax
CIT — 15% on profit. VAT (PDV) — 20%, mandatory registration after ≈ 8M RSD turnover. Dividends — 15% withholding (reduced under treaties).
Bank and contracts
Banks: Raiffeisen, OTP, Banca Intesa, NLB. KYC is calmer than in the GCC, but contracts, business description and a local address are mandatory.
Payment providers — Stripe (via an EU entity), Wise Business, Revolut Business as auxiliary accounts.
Residency (boravak) and work
Residency is a separate filing: bases include working in your own company, real estate, private grounds. First issuance — typically 1 year, then renewal.
After 3 years — path to permanent residence, after 5 — to citizenship if conditions are met.
When it fits
- founder relocation with locally hired team;
- consulting and services for European clients;
- small operating companies with local accounting.
When another country fits better
- GCC focus and MENA payments;
- large holdings — other jurisdictions fit better.