How a Foreigner Can Register a Company in Serbia
How a Foreigner Can Register a Company in Serbia. In the first quarter of 2025, Serbia continues to see a rising trend of foreign nationals launching businesses or registering companies, particularly in the IT sector. Although this growth is promising, it is largely concentrated in tech-related industries, raising questions about broader sectoral diversification—a task for economic policymakers.
For those considering company formation in Serbia as a foreigner, this guide outlines the legal procedures, necessary documentation, and differences (if any) compared to Serbian citizens.
Step One – Company Registration with the APR
Regardless of nationality, the company registration process begins by submitting an application to the Serbian Business Registers Agency (APR). The process is nearly identical for foreigners and local citizens, with only slight differences.
Required documentation includes:
- Completed registration application (APR form)
- Proof of identity:
- For Serbian nationals: copy of ID card
- For foreign nationals: copy of passport or foreign-issued ID card
- If the foreigner has been issued a Serbian ID, that version should be submitted
- Proof of payment of registration fee
- Authorisation, permit or approval if required by special laws
- For asylum seekers: confirmation from the Asylum Office containing their registration number
Electronic Company Formation (eRegistration)
Foreigners also have the option of registering a company electronically via the APR’s eRegistration platform. This method is quicker and more convenient but requires:
- A qualified electronic certificate (digital signature) issued by a Serbian certification body
- Card reader for the digital certificate
- Payment card to cover administrative fees
Using this method, a company can typically be registered within 1–2 working days.
Business Structures Available to Foreigners
According to the Law on Companies, foreign nationals are allowed to establish any legal form of business available in Serbia, including:
- General partnership
- Limited partnership
- Limited liability company (LLC or DOO)
- Joint-stock company (JSC)
- Branch office of a foreign company
- Representative office of a foreign company
The most popular choice is the Limited Liability Company (DOO) due to its flexibility and limited financial liability for owners.
When Is a Work Permit Required?
If a foreign national wishes to register a sole proprietorship, a temporary residence and work permit is mandatory.
However, if a foreigner establishes a legal entity such as a DOO and does not intend to be employed within the company, then a work permit is not required.
This distinction is important for structuring the business correctly from the outset.
Real-life Example
A software developer from France successfully established an LLC in Belgrade in 2024 to develop mobile apps. Using the eRegistration system, he completed the entire process within two working days. Since he was not employed in the company, he was not required to obtain a work or residence permit.
Conclusion
Serbia continues to position itself as an attractive destination for foreign entrepreneurs, particularly in the IT and tech sectors. The registration process is relatively simple and streamlined, whether submitted in person or electronically.
While the IT industry dominates, legal and procedural conditions apply equally across all sectors. With proper guidance and preparation, foreign nationals can set up business in Serbia efficiently and legally.
Always consult a lawyer or accountant in Serbia before forming a company, especially if you plan to work in your own business.