Serbia - Tax Guide for Freelance Contractors
Welcome to our guide to Serbian Taxation. You will find a wealth of information which will be useful if you plan to work in, or place consultants in, Serbia.
Our tax guides give a general overview of the actual taxation rates and rules at the time of writing. There are of course many ways to legally reduce tax or social security burdens in Serbia. Please contact us for more information or an actual breakdown of your situation, and to find out more about our range of payroll and contact management services in Serbia.
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Serbian Income Tax
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Serbian Social Security
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Serbian Visas and Work Permits
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Umbrella and Contract Management Services in Serbia
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Download our Serbian Taxation Factsheet
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Tax residents in Serbia: are liable to pay Serbian tax on their worldwide income,
Non tax residents in Serbia: are liable to pay tax on their Serbian-source income only.
Individuals will be regarded as tax residents:
- if they stay permanently in Serbia,
- if they have their habitual place of abode in Serbia, i.e. if they stay in the country for at least 183 days in a 12 month period that begins or ends in the relevant tax year, or
- if their centre of vital interests is located in Serbia.
Married persons are taxed separately and there is no group taxation of a family unit.
Taxable income includes:
- employment income,
- capital gains,
- income from agriculture and forestry,
- business and professional income,
- income from royalties,
- income from immovable property.
Certain deductions are permissible for 2012 including:
- The basic personal allowance is equal to 40% of the average annual salary. An additional allowance equal to 15% of the average annual salary is granted for each dependant. The total of the allowances may not exceed 50% of the aggregate taxable income. (The average annual salary is estimated at RSD 703'226 for 2012)
Income tax rates for 2012:
- 10.00% on taxable income up to RSD 4'219'356
- 15.00% on taxable income over RSD 4'219'356
Filing date:
General filing deadline is March 15th, although certain regulations apply for special cases.