Guide to Doing Business in Serbia is now available
The Commercial Service of the Italian Embassy in Belgrade developed and disseminated the “Guide to Doing business in Serbia”, intended for Italian economic operators. The document offers a general overview of “Brand Italy”, with a brief introduction of its components, which contributed to making Italy one of Serbia’s main economic partners over the years.
In 2018 Italy was Serbia’s second largest trade partner. According to the data released by the Statistical Office of the Republic of Serbia, in 2018 trade between the two countries amounted to 4.04 billion euros, with Italian exports accounting for 2.05 billion euros (corresponding to 9.3% of total imports by Serbia) and Italian imports for 1.99 billion euros (12.2% of total export of the Balkan state).
The publication offers a detailed picture of the local market and of investment opportunities along with useful information on each economic sector, on incentive systems by the central and local Serbian government and on local regulations that are of special interest to businesses. The guide highlights the main FDI pull-factors: highly-qualified labour force with a good cost-efficiency ratio, highly-competitive tax rates and low operating costs, financial benefits and government incentives, geographic location and economic and political stability.
The guide is available at the following link: