Serbia Tax Rates
Serbia operates a schedular income tax system with flat rates ranging from 10% to 20% depending on the income category, with employment income taxed at 10%. The country features a competitive 15% corporate tax rate, a 20% standard VAT, and has EU candidate status. Serbia has become a popular destination for digital nomads and remote workers due to low costs and favorable tax treatment.
Top Income Tax Rate
20%
Corporate Tax Rate
15%
VAT / Sales Tax
20%
Capital Gains Tax
15%
Detailed Tax Information
Income Tax Brackets
Serbia uses a schedular system with different flat rates by income type: employment income 10%, self-employment 10%, capital income 15%, capital gains 15%, rental income 20%, other income 20%. There is no progressive element within each category. Employment income has a non-taxable amount (neoporezivi iznos) of approximately RSD 25,000/month.
| Income Range | Tax Rate |
|---|---|
| din 0+ | 10% |
Corporate Tax
Serbia levies corporate income tax at a flat 15%, one of the lowest rates in the region. Tax incentives include a 10-year tax holiday for investments above RSD 1 billion employing at least 100 workers. R&D double deduction is available for qualifying expenses.
Standard Rate
15%
Capital Gains Tax
Capital gains are taxed at 15%. This applies to real estate, shares, and other assets. Real estate gains are calculated as the difference between the sale price and acquisition cost (inflation-adjusted).
Rate
15%
VAT / Sales Tax
Serbia applies a standard VAT (PDV - porez na dodatu vrednost) rate of 20% with a reduced rate of 10%.
Standard Rate
20%
Cryptocurrency Tax
Cryptocurrency gains in Serbia are taxed at 15% as capital gains. The National Bank of Serbia has issued warnings about crypto risks but does not specifically regulate crypto exchanges. Serbia's low tax rate and growing tech scene make it attractive for crypto participants.
Tax Treaties
Serbia has approximately 65 double taxation treaties. As an EU candidate country, Serbia is expanding its treaty network and aligning with EU tax standards.
Treaty Network
65
Double taxation agreements
Major treaty partners:
Key Details
Relocate to Serbia
See how much you could save by moving here from your current country.
$-5,538
Tax in United States
$24K
24.4% effective
Tax in Serbia
$30K
29.9% effective
Additional Cost
22.7%
more tax annually
US Citizens: Important Note
US citizens are taxed on worldwide income regardless of residence. You'll still need to file US taxes, though the Foreign Earned Income Exclusion and Foreign Tax Credit may reduce your liability.
