Company establishment and Work-Residence Permit

Establishing a company in Serbia is the first and most important step for investing in the country. The key decisions you need to make is choosing the type of company. As in other European countries, we recommend initially setting up a limited liability company (D.O.O – Društvo sa ograničenom odgovornošću).

What Does a Limited Liability Company Mean in Serbia?

The Serbian term “Društvo sa Ograničenom Odgovornošću (DOO)” corresponds to Sanayi ve Ticaret Limited Şirketi in Turkish. This type of companies are particularly suitable for small and medium-sized enterprises. According to the Serbian Company Law, shareholders of a DOO are responsible for all profits and liabilities of the company, limited to their shareholding.

What Are The Steps Required To Establish A Company In Serbia?

To establish a company in Serbia, you should follow the steps outlined below:

• Registration of company name
• Preparation of necessary documents for the establishment
• Notarize the company establishment decision
• Registration of your company from the Trade Registry Office
• Taking over the decision regarding the establishment and tax identification number
• Opening bank accounts for personal and company accounts
• Obtaining electronic signature (e-signature)
• Registration of the company in the tax administration and public revenue administration system
• After the company is registered, getting accounting services

Once all these steps are completed, you will be eligible to apply for a temporary residence and work permit for the company’s director or founders.

Our Consultancy Service for Company Establishment in Serbia

Once you decide to establish a company in Serbia, we handle the entire process on your behalf. Throughout the process, we prepare all the necessary documents for you and keep you informed about how the procedure will proceed.

During this process, we ensure that all necessary translation and notary procedures are carried out on your behalf and that your application is completed completely. Afterwards, we establish your company within a period of 10-14 days and deliver it with our activity records and your stamp.

Residence and Work Permit in Serbia

Citizens of the Republic of Turkey have the right to stay in Serbia for 90 days without a visa within 180 days after entering Serbia. In order to continue to stay in Serbia after this period, they must first obtain a residence permit. The fastest and easiest way to do this is to apply for a DOO before your 90-day visa-free stay in Serbia ends.

After opening your own company as a DOO, you will first need to apply for a residence permit. After getting your appointment date from the Foreigners branch, you must prepare all your documents and submit them on the specified date. Afterwards, you can obtain your residence permit on the date given to you after submitting your documents.

Once you receive your residence permit, you can complete the necessary steps to apply for a work permit one week later, finalizing the process.

Additionally, if you decide to live in Belgrade, our consultancy service regarding office and house rental is included in our company establishment consultancy service.