Can I invoice EU clients from a Serbian company?
Yes. A Serbian d.o.o. can invoice clients anywhere in the world, including EU clients. You issue invoices in the name of your Serbian company. Whether VAT applies depends on your company’s VAT registration status and the nature of the services provided. Lawyer Serbia will advise you on the correct invoicing setup for your specific client base.
Do I need a Serbian bank account before registration is complete?
No. A business bank account is opened after the company is registered – it is a post-registration step, not a prerequisite. Lawyer Serbia guides you through the bank account opening process as part of the post-formation stage.
Can a Russian citizen register a company in Serbia?
Yes. Serbian law places no nationality restriction on company founders, so Russian citizens can register a DOO and act as its director. The process runs remotely through a power of attorney. The main practical difference is that banks run additional checks when the business account is opened.
Can I be the sole founder and sole director as a foreign national?
Yes. There are no restrictions on foreign nationals acting as both the sole founder and sole director of a Serbian limited liability company (d.o.o.). This is the most common arrangement for foreign entrepreneurs registering in Serbia.
What is the minimum share capital for a Serbian LLC?
The statutory minimum share capital for a d.o.o. is 100 RSD – a symbolic amount. However, if you intend to apply for a temporary residence permit based on company formation, a share capital of at least 250 EUR is recommended to meet the financial self-sufficiency requirement for the permit application.
What ongoing accounting costs should I budget for after registration?
Ongoing accounting costs depend on your company structure and activity level. As a general guide, monthly accounting for a single-founder d.o.o. with moderate activity typically ranges from €200 per month through a Serbian accountant. Lawyer Serbia’s accounting partner can provide a precise quote for your situation.