Serbian LLC is a legal form similar to Limited Liability Company from other jurisdictions.
It can be founded by any person – individual or legal entity, regardless of the citizenship. UBO, directors and shareholders doesn't have to be Serbian citizens or residents, but director can apply for Serbian residence. Company may appoint up to 5 directors.
Minimum of required share capital is less than 1 EUR (10 EUR recommended).
Time required to establish an LLC company is 5 work days and as a fully resident structure, this form of company can open bank account in any bank in less than 10 days.
LLC is a separate tax subject and all income generated through company is subjected to 15% corporate tax. Dividend tax is also 15%.
Given that Serbia signed double-taxation avoidance agreements with more than 60 countries, you can optimize your taxation in order to use full business potential of such structure.
We can assist you in forming a LLC company in Serbia with assistance in bank account opening.