Whether you are at the beginning of the development of your startup or at a later stage, here you can find all the necessary information about current events and programs, as well as everything that interests you in general about the startup ecosystem!
Discover why Serbia is a great place for your startup
There are many reasons for launching a start-up in Serbia or moving it here, or for seeking investment opportunities in our ecosystem. In recent years we have put tremendous efforts into creating a favourable environment for innovative business opportunities, particularly by adopting various legislative amendments
Be part of a success-driven ecosystem
The Serbian startup scene is rapidly developing, but it is far from being saturated. Hence, it provides a good business opportunity for new and ambitious teams and companies. The Financial Times also wrote about “the hunger” of Serbian tech entrepreneurs for success, comparing the Belgrade startup scene with that in Berlin. The Serbian IT sector accounts for about 6% of the GDP, with generated exports of EUR 1.4 million in 2019, which is a 55% increase compared to 2017.
Serbia strongly supports startup teams by offering tax incentives. Hence, there is a personal income tax exemption for the founders of innovative startups for a three-year period, an exemption from taxes and contributions in the amount of up to 70% for new employment and a 70% reduction in tax and contribution bases for employing repatriates and foreigners.
Heaven for digital nomads
Apart from numerous repatriates, foreign nationals – digital nomads account for one-fourth of those employed in the technology sector. Serbia is one of a few European countries that does not require citizens from the USA, China, the EU, India and other countries to have an entry visa.