Serbia taxation

Corporate income tax.

Companies resident in the Republic of Serbia (RS) are subject to tax on their worldwide income. The rate of corporate income tax in the RS is 15%.

Personal tax

Residents in Serbia are taxes on their worldwide income, tax rate on salaries is around 38%.

Capital gains.

Capital gains derived from the disposal of the following are included in taxable income and are subject to tax at a rate 15%.

Dividends. Resident companies include dividends received from its nonresident affiliates in taxable income. A 20% withholding tax is imposed on dividends paid to nonresidents.

VAT

Standard rate of Vat in Serbia is 20%, reduced rate is 8%.

If you have questions about Serbia, do not hesitate to contact us.