Do you want to start your business overseas? Do you want to sell your products to the world’s largest markets with the lowest costs and risks? What do you think about Serbia?
Serbia is one of the fastest growing economies in Europe. The country is open to foreign investments in construction, production, service and tourism sector.
We want to present 7 reasons to start doing business in Serbia. Here they are:
- Highly qualified labor force. Serbian labor force is very educated and highly qualified for different types of works. It is important to mention that the cost of labor in Serbia is among the lowest in Europe.
- Simple procedures for opening and registration of your company. Procedures for registration new legal entity in Serbia are simple and the whole process goes quickly. The team of specialists of SIMON has special program of helping the foreign investors
- Tax rates among the lowest in Europe. The taxes and tax rates are low in comparison to many other developing countries. Depending on region and the type of business, some tax relaxing measures are undertaken towards foreign investors.
- Stable financial system. Financial system is firm and stable with low inflation rate and very low volatility of the local currency.
- A system of state incentives and good business environment. Serbian Government keeps making various incentives for direct investment and works toward creation of good business environment.
- Access to the market of more than 1 billion consumers. Thanks to various bilateral and multilateral agreements, production from Serbia can be placed to the markets in Russia, Europe, Belarus, China, Central Asia, USA etc. with favorable conditions.
- Dual taxation avoidance agreement with 60 countries in the world. Serbia has agreements about avoidance of dual taxation on income and assets with 60 countries in the world. Click here to see the list.
If these reasons made you think about Serbia, SIMON is the right address for you. Please contact us and our team of specialists will be happy to offer you our services of consulting, company registration and accounting within our special program for foreign investors.