Crisis, but never more entrepreneurs in Serbia: THESE activities are the fastest to start and shut down

In Serbia, for the second year in a row, the percentage of new entrepreneurs increased in the first half by more than 20% and their total number exceeded 300,000 for the first time.

Manager for regulatory reform of the National Alliance for Local Regional Development, Irena Djordjevic, has said that such strong growth was caused, among other things, by the reform of flat-rate taxation, which in 2020, after decades, introduced clear criteria for determining taxes and brought more predictable business conditions for the smallest businesses.

“The budget procedure of calculating the amount of tax has been made easier. A flat-rate taxation calculator has been made where by entering the activity code, year and location where you will conduct business, you can see in advance for three years how much tax and contributions you will pay,“ Djordjevic said.

Greater predictability of business made it easier to start an entrepreneurial business for many foreigners who came to Serbia.

Izvor: BIZLIfe

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