Want to start a business in a European country in a couple of days from now? The mission is possible! You can buy a ready-to-use Serbian company with a local bank account and launch your operations in no time. What is more, the whole thing can be done remotely! We strongly recommend Serbia as a good destination for business as you can take advantage of its low taxes (in fact, the lowest rates in Europe!), excellent banking, and business-friendly laws. If you need to have a physical office, you may be glad to discover that the utility bills are very low in Serbia, and the rent is quite affordable, too.
We will be happy to welcome you to our portal where you can read the full text of the article on purchasing a pre-established company in Serbia and explore other posts devoted to Serbia or international business and banking at large. That is not all, of course: we also help our customers with asset protection, investment, tax optimization, and so on. You can book a session with our expert to discuss the prospects of your Serbian business at no charge. If you decide to set up a company rather than buy a ready-to-operate legal entity, we can help you with all the administrative steps, too (including opening a bank account in Serbia or abroad).
Why Purchase a Ready-Made Company in Serbia?
It is a good idea to buy a ready-to-use company in Serbia if it is in line with your specific goals, so the answer to that question would be individual. However, there are universal benefits for international entrepreneurs that Serbia can offer, so let’s look at these:
- If you start your business in Serbia, you will have the right to easily get a local residence permit
- Buying a ready-made company means that you will start running your business in a few hours (!) or a few days at the most
- Serbian companies get access to 1.1 million potential clients all over the world on a duty-free basis
- It will take much less time than establishing a company from scratch in Serbia
- Bank deposits that do not exceed 50,000 euros have full coverage, which means that they are returned even if the bank fails
- The cost of Serbian company maintenance is not very high and starts from 250 euros a month
- The ready-made company comes with a fully functional bank account
- Serbia boasts a robust banking sector that takes advantage of numerous correspondent accounts and has a lot of experience in dealing with different financial products
And this list can be much longer, of course. If something is unclear, do not hesitate to get in touch with our experts!
We highly recommend obtaining a Serbian residence permit as it will greatly simplify working with local banks and make it possible for you to benefit from more favorable conditions.
Serbian Company: Requirements
There is no minimum authorized capital set, so you can start your company with just 1 euro in your pocket!
A Serbian company can be owned by an individual or legal entity residing in Serbia or elsewhere.
The company can have 1 owner and 1 director, and the latter position can also be taken by a non-resident individual.
You are liable for a corporate tax (15%).
The company you can buy must have a registered legal address and keep accounting records. You will need about 250 euros a month to rent an office and pay for the local accountant’s services.
You can either visit Serbia personally to re-register the business in your name or provide a limited power of attorney to us which will make it possible to do the same remotely.
All corporate and personal documents have to be submitted in Serbian.
As soon as we receive payment for the company, you will be able to start its operation. You will need to change the owner in the Serbian register over 1 month to take advantage of free fiduciary service for company management. If you fail to do so, you will need to pay 1% of the incoming turnover for the fiduciary services.
Documents
You will need to provide your name and address before you sign a contract and become the owner of a ready-to-operate Serbian company.
At the stage of company re-registration in your name, you will need to provide the following documents:
For legal entities:
- The original extract from the business registered (apostilled and translated into Serbian) and some other documents depending on the jurisdiction where the company is established.
For individuals:
- A signed power of attorney if you want to complete the procedure online
- A passport copy
- Proof of your address of residence
Changing ownership will take no more than one month. All you need is to send the documents to us! As soon as we receive the package, it will be translated into Serbian and submitted to the register to show that the company is changing its owner.
Following that, you will be required to provide the documents to the bank to meet the compliance requirements.
Here are a few more documents you will need after the company has been reregistered:
- You will need to submit an agreement on a legal address concluded with us or a third party.
- You will have to activate the digital signature to be used by the accountant.
- You will sign an e-services authorization form to enable the accountant to prepare and send reports to the tax office.
- You will also sign a service contract with an accountant (we can provide a specialist if you want – or you can engage a third party).
The accountant will submit reports on mandatory contributions (such as pension funds, social contributions, and health insurance), as well as annual reports.
Buying a Serbian Company: Steps
You can become a Serbian company owner in a quick and easy way – here is what you will have to do:
- Get in touch with us using the above link.
- Provide the details required to sign a contract.
- Pay for the service using a convenient payment method (from bank card to Bitcoin).
- As soon as we get the funds in our bank account, you can start running your company.
- Provide the documents to the bank for verification as soon as the transfer of ownership has been completed.
You can click on the above link to see the costs and read about the peculiarities of Serbian banks or contact our consultant straight away!
