Cost of Starting a Company in Serbia (Real Breakdown 2026)

If you're thinking about opening a company in Serbia, one of the first questions is always the same: "How much is this actually going to cost me?"

The short answer: less than most people expect. But instead of vague numbers, here's a real breakdown based on how things actually work in practice.

The one-time setup costs

To register a company in Serbia, you'll typically pay:

• Registration fee (APR): ~€50
• Legal / setup assistance (optional): €100–300

That's it for the core setup. In most cases, you're looking at €200–300 total to get your company officially registered.

The monthly costs (this is what really matters)

This is where people either overpay… or keep things simple.

1. Business address

Every company needs a registered address. You have two options:

• Rent an office — €300–1000+ per month
• Virtual office — ~€35–50 per month

Most founders choose the second option, especially at the beginning. At The Office Belgrade, virtual office plans start in that exact range, which is why many companies go with this setup first.

2. Accounting

For most companies (DOO), accounting is mandatory. For sole entrepreneurs (PR) it's not always required, and some founders choose to handle it themselves.

Typical cost: from ~€50 per month. It depends on the volume of transactions, but for most small businesses this is the baseline if you use an accountant.

3. Bank and admin costs

• Bank maintenance: ~€5–15 per month
• Occasional admin/legal costs: minimal

Realistic monthly cost (lean setup)

If you keep things simple and cost-efficient:

• Virtual office: €35 + VAT
• Accounting: ~€50
• Bank/admin: ~€10
• Flat tax (paušal): ~€150–300

Total: ~€250–400 per month.

Flat tax applies up to 6,000,000 RSD annual revenue (€50,000). This is enough to run a fully compliant company in Serbia.

What about taxes?

Serbia has a relatively simple corporate tax structure:

• Corporate income tax: 15%
• Dividend tax: 15%

Additional taxes and contributions may apply depending on how you choose to pay yourself (salary, dividends, or a combination). Overall, the system is considered competitive compared to many EU countries.

Where people overspend

The biggest unnecessary costs usually come from:

• renting an office too early
• overcomplicated legal setups
• paying for services you don't actually need

In reality, you can start much simpler.

A more practical approach

What works best for most founders:

1. register the company
2. use a virtual address
3. keep monthly costs low
4. scale only when needed

This gives you flexibility without locking you into fixed expenses.

So… what's the real budget?

• Setup: €200–300 (one-time)
• Monthly: ~€250–400

This is enough to start and run a fully compliant company in Serbia — without unnecessary overhead.

Final thought

Starting a company in Serbia is not expensive. The key difference is not the system, it's the way you set it up. If you keep things simple from day one, your costs stay low and predictable.