Free Zones

You are welcome to use all the benefits that free zones of Serbia offer while enjoying your income generated through commercial activities, as it is exempted from VAT. Also, the new law assists foreigners in establishing a privately owned free zone based on the project approved by the Government.

 

There are eight free zones which are currently operating in Serbia: Pirot, Subotica, Zrenjanin, Kragujevac, Sabac, Novi Sad, Uzice and Jug. One more free zone is currently being prepared: Smederevo. 

When doing business in free zones, investors are provided special benefits and a favorable tax regime that includes exclusion from VAT and custom duties for raw material import for export goods production, machinery, equipment, and building materials. Additionally, imports and exports within free zones are unlimited. What is more, goods that are imported from free zones into the domestic market are subject to foreign trade regime.

Free Zone business makers are supplied with office space, workshops or warehouses on rental basis and superior terms. The zones can be founded and governed by either domestic or foreign companies. Furthermore, earnings and revenues created within a zone can be transferred to any country, including Serbia, freely without any prior approval, and are not subject to any kind of taxes, duties or fees.

Go to the Free Zones website here.