Why invest in Serbia?

Serbia is a top investment destination country in Europe by number of FDIs with over EUR 30 bn since 2007. There are numerous advantages and the key ones are listed below.

Availability of high quality labour

# Population of 7.2 million with 1.7 million in capital Belgrade

# Motivated and skilled workforce

# Majority are proficient in the English language

# 5 University centers with over 250,000 students

Competitive cost structure

# Low costs for electricity, gas and other utilities

# Corporate tax rate of 15%

# Average gross monthly salary below EUR 700

# Construction cost and other input costs are lower compared to EU

Financial incentives

# Cash grants from the Government

# Attractive land prices for greenfield, in many cases Government providing it free of charge

# Corporate income tax relief during 10 years

# Double taxation avoidance

Geographic location

# Optimal location for business in Europe

# Access to highways (many newly constructed)

# Neighboring several EU countries (Hungary, Croatia, Romania, Bulgaria)

# Belgrade airport with connections to all major European cities

EU negotiations progressing

# Serbia is continuing with its path towards EU membership with a goal of accession by 2025

# Serbia has also free trade agreements with Russian Federation and Turkey

Economic stability

# Improved political and economic stability

# Since 2014, Government is actively working with reforms of public administration, increase of public sector productivity & fiscal discipline

# Low inflation and stable currency 

Dynamic country offering opportunities for global companies