Are you opening a company and looking for accounting services in Serbia? We suggest you explore this article to see what accounting entails and the key services we offer our customers.
| Quick Facts | |
|---|---|
| Who requires accounting services in Serbia | Domestic and international companies with activities established in Serbia |
Applicable accounting legislation in Serbia | – Serbian Law on Accounting, – IFRS (International Financial Reporting Standards) |
Types of accounting services we offer | – bookkeeping, – payroll, – support for company accounts, – annual financial statements, – representation for tax registration, – tax minimization procedures |
| Tax advice and compliance | – filing and payment of taxes, – advice on the provisions of double tax treaties, – verification of tax legislation modifications |
| We offer support for tax registration | Registration for: – VAT, – social contributions, – corporate tax and more |
| Financial planning for company owners in Serbia | Support for risk-free investments made by businessmen in Serbia |
| Risk assessment and evaluation | Our accountants in Serbia can make verifications of company documents and reveal possible risks. Specific measures can be suggested. |
| Types of audit services | – internal and external audits, – forensic audits, – financial and operational audits |
| Tax minimization methods available | – donations, – advance payment of credits, – travel deductions, – retirement plans |
| Personalized financial consultancy services | – financial forecasting for business owners in Serbia, – wealth management, – financial analysis and evaluation |
| Investment consultancy for high-net-worth individuals | Assets management and implementation of new technologies for companies in Serbia |
| Financial and analysis reports for companies | Complete reports that can highlight the business direction and detect vulnerable areas in the firm. |
| Human resources services available | – staff recruiting, – preparation of work contracts, – administration services related to employees of the company |
| Expertise provided by certified accountants (YES/NO) | Yes |
| Fiscal year in Serbia | The calendar year |
Table of Contents
What types of accounting services do you offer in Serbia?
- Bookkeeping,
- Payroll,
- VAT registration & reports,
- Audits,
- Debt monitoring,
- Tax returns,
- Support in preparing the annual financial statements and many more.
Is accounting mandatory for all companies in Serbia?
Yes!
Who regulates accounting in Serbia?
The Ministry of Finance.
Here is an infographic about the accounting services we offer in Serbia:
What does bookkeeping entail?
- tracking & registering all financial operations of a firm in Serbia,
- daily financial data entry,
- maintaining the general ledger, etc.
What does payroll entail?
- calculation of payroll taxes,
- wage tax payment through specific payroll platforms,
- salary distribution in the firm,
- employee records registration,
- payroll reporting, and many more.
What are the payroll taxes in Serbia?
On behalf of the employer – 15.15% in total:
- 10% pension & disability insurance,
- 5.15% health insurance.
On behalf of employee – 19.9%
- 14% pension & disability insurance,
- 5.15% health insurance,
- 0.75% unemployment insurance.
NOTE: These taxes are calculated on gross monthly income.
What types of audits are available in Serbia?
- Mandatory or voluntary financial audits,
- Compliance audits,
- Performance audits,
- Tax audits, etc.
We also have experience in bookkeeping in Serbia.
What documents are used for preparing the annual financial statements of a firm in Serbia?
- Balance sheet,
- Income statement,
- Cash flow statements,
- Reports,
- Notes, etc.
REMARK: Our Serbian accountants can prepare and submit the annual financial statements of the company you own.
Can your Serbian accountants make company payments?
Yes. We will ask you for information about the daily financial operations.
Can I benefit from accounting services for more than just one firm in Serbia?
Sure, as soon as you give us information about your business portfolio.
Is forensic accounting available for my company in Serbia?
Yes, if you are interested in combining accounting and audit methods with investigative techniques, you can discuss this with our forensic accountants in Serbia.
What is the financial year in Serbia?
From January 1 to December 31.
Are accounting services in Serbia affordable? How do you calculate the price?
We consider:
- the size of the firm,
- company activities,
- number of employees, and many more.
We provide complete accounting services in Serbia at affordable prices.
Can I get tax planning and consultancy for my company in Serbia?
Yes, tax planning and consultancy are important in a firm, regardless of the activities.
Why should I ask for externalized accounting services?
Instead of creating a whole accounting department at your company, you should consider the advantages of an external accounting firm in Serbia.
If you want to know more about the accounting services we can provide for your company in Serbia, whether local or established with foreign capital, we invite you to contact our team of company formation agents in Serbia.