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An FDI stock in Serbia totaled $8,9 bln between 2001 and 2006. An all-time record inflow of foreign capital last year reached $4,387 billion. Ongoing substantial legislative reforms – repeatedly commended by the World Bank and international institutions – aim to further facilitate doing business in the country thereby triggering future investment boom.
Growing investment opportunities for international real estate developers in Serbia have been reflected in recent FDI figures. The total value of their projects in 2005 reached merely $14,6 million, while in 2006 they amounted to $90,6 million.
Serbia's tax regime is highly conducive to doing business. Corporate profit tax is the second lowest in Europe, while VAT, salary tax and social insurance contributions are among the most competitive ones in Central and Eastern Europe. In Addition, business in the country can take advantage of a broad range of tax incentives.

Source: National Bank of Serbia
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