Serbia has emerged in recent years as a regional business hub in South East Europe and has been described as the “Switzerland of the Balkans”. Its open economy, with availability of highly-educated labour and premises at low cost, has attracted significant foreign investment. Its banking sector is highly developed, as is its crypto-currency sector.

We added Serbia to our list of jurisdictions in 2017, predominantly because it offers an attractive environment for offshore companies looking to do business in Europe, Russia and beyond. In Serbia, your existing offshore company can register a local branch, access all the facilities of full service major international banks in multiple languages such as English or Russian, and establish real substance at a much more accessible price than other major European countries.

Belgrade is a very livable, multi-cultural European city with friendly people, great restaurants and legendary nightlife, and easy flight connections all over Europe. It’s a short hop by Turkish Airlines to Istanbul from where you can fly direct to almost anywhere – so it’s ideal for nomads and perpetual travellers looking for a European base to fly in and out of. Many nationalities can enter Serbia without a visa: for example it’s the only European country that is visa-free for Chinese citizens.

Residence and work permits in Serbia are relatively easy to obtain for citizens of most countries: there is no requirement, for example, for medical check-ups, birth certificates or police certificates. It is enough simply to set up a local company or the branch of an offshore company. The tax system is favorable to foreigners and a tax-residence certificate can be issued easily on request to the Serbian tax authorities.

Offshore Pro Group offers:

• Personal Residence in Serbia
• Formation of Serbian companies
• Serbian branch of offshore companies
• Serbian Bank Accounts

For further information on Offshore Pro Group services in Serbia, please contact us today.