A ready-made company in Serbia with a corporate bank account already opened in Serbia is an excellent tool to start a new business without a hassle and waiting period to apply for a new bank account. Please remember that sometimes a timeframe for setting up a new foreign bank account for non-resident can take up to 9 – 12 months.
You will be able to change the ownership and actively operate your business within just a few days.
11 reasons to purchase a ready-made company in Serbia
Why is it worth buying a ready-made company in Serbia? The main advantage is the access to the corporate bank account in several days after you submit all the necessary due diligence and sign all Agreements for company maintenance.
The answer also depends on your goals and objectives, but Serbia offers several significant advantages for international entrepreneurs.
- By purchasing a ready-made company, you can start managing it in just a few days or hours
- You will not lose any time for incorporation of the new company and the bank account opening
- The company already has an active bank account
- Serbia does not yet exchange banking information in accordance with CRS standards ( please doublecheck this with a consultant, if you apply for this package after 2019)
- Investors are eligible to receive a resident card. You can apply for Serbian permanent residence that can also bring tax benefits and incentives anytime if you are a local business owner.
- Company renewal (registered office and accounting) starts from 200 EUR per month
- Companies in Serbia receive duty-free access to 1.1 billion potential customers across the world
- Serbia has friendly relations with both EU and Russia
- Serbia did not impose sanctions on Russian Federation
- Deposits in banks of up to 50,000 EUR are insured and will be returned even in the event of a bank crash
- Serbia has a highly developed banking sector with a network of correspondent accounts and experience in working with various banking products.
There are many other advantages too. Our consultants will be more than happy to discuss all options with you.
More about the ready-made company and a bank account in Serbia
We offer you a business structure that is most popular in Serbia – DOO (analogue of an LLC). The responsibility of investor is limited to his share in the company.
Authorized capital of such company can be as low as 1 EUR or more.
Both a resident and a foreigner, an individual or a legal entity are eligible for ownership of the company in Serbia.
The company can have 1 owner and has to have 1 director that does not have to be a Serbia resident.
Corporate tax is 15%.
Such company must have a registered legal address and it is obliged to keep accounting records. The cost of office rent and accounting services starts from 200 EUR per month.
The ready-made companies that we offer already have operational bank accounts. Accounts are opened in several banks. We actively cooperate with 4 banks in Serbia.
You can purchase Serbian company with a bank account by travelling to Serbia or you can prepare a limited power of attorney and change the ownership remotely.
You will also need to translate personal and corporate documents into Serbian and this is something we will help you with.
Right after we receive the payment for our service and all the necessary KYC information, you will be able to manage your business immediately. A change of the ownership (UBO) has to be done in Serbian registry within 1 month – this is how long а fiduciary service operates. If you do not have time, you can extend fiduciary services at the rate of 1% of yearly turnover or 3,000 EUR per year.
Which documents are required to purchase a ready-made company in Serbia with a bank account?
In order to sign a contract for the purchase of a ready-made company in Serbia, you will need to provide your name and address.
At the moment the following documents will be required:
A certified passport copy
A proof of address ( not older then 3 months utility bills or rental contract)
For legal entities:
The original extract from the business registry, translated into Serbian and apostilled. Additional documents may be required depending on the jurisdiction in which the company is registered.
Change of ownership will take less than a month. It is necessary to send us all the documents so we can translate them into Serbian language. We will then apply in a company registry with a request for a name change. This can take 7-14 days.
Lastly, it is necessary to submit documents and send them to the bank for compliance.
The cost of a ready-made company in Serbia with a bank account
The fee for the Serbian company with a bank account is 10999 EUR.
The cost of company registration and bank account opening.
1 month of fiduciary company management services
Administrative help with the re-registration of the company.
Additional costs you need to consider:
Translation of documents into Serbian language – 20 EUR per page
Personal visit to Serbia (if you wish to come to Serbia and meet us in person)
Power of attorney (if you plan to remotely re-register the company) – 800 EUR
Company renewal – from 200 EUR per month (or 2400 per annum), costs for office rent and accounting included.
How to purchase a ready-made company in Serbia with a bank account?
Please email us at email@example.com
You will be required to provide us with the necessary data for purchase and sale contract.
In order to reserve a company, you will need to pay a deposit of 1000 EUR. Remaining amount has to be paid within 7 days. You can also pay the full amount immediately.
You can pay by MasterCard, Bank Transfer, Bitcoin, WebMoney.
Basically, as soon as the payment is processed, you may start operating your company.
During the 1st month you will need to:
Either come to Serbia and change the owner of the company in Serbian registry (we will help with the documents and procedure);
Alternatively sign the Power of Attorney and change the ownership remotely
You may also choose to extend the fiduciary services and change the ownership later.
After the official change in the ownership of the company, you must submit documents to the bank for verification.
For additional information please contact firstname.lastname@example.org.