Company owners can opt for payroll services in Serbia and collaborate with one of our specialists. Payroll in Serbia involves the formalities and procedures for calculating salaries and distributing them in the company to employees. In the following lines, you will be able to discover information about Serbian payroll taxes and the procedures involved in this respect, with the mention that you can have the support of our experts in the field.
As mentioned at the beginning of this article, payroll in Serbia involves a series of procedures, with the help of which salaries can be calculated and distributed in the owned company. Here is some information in this regard:
According to the Employment Law in Serbia, salaries are paid in accounts to employees with employment contracts in the respective companies, cash payment being prohibited. Moreover, salary payments are made either weekly, bimonthly, or monthly, depending on the internal regulations of the respective company. You can discuss more about the Serbian payroll taxes with one of our accountants in Serbia.
If you want to set up a company in Serbia, you must also consider payroll services. These can be included in a customized package offered by our Serbian accountants. Our specialist in payroll in Serbia has various responsibilities, and among them we list:
A payslip contains information about an employee’s salary, as well as related taxes. This document is drawn up when salaries are calculated, and a payroll specialist in Serbia is in charge of creating and issuing this type of document. The following information can be found on a payslip:
We advise you to contact our specialists if you want payroll services in Serbia. Also, if you want more information about company incorporation in Serbia, do not hesitate to contact us.
Normally, once the payslips are issued, these documents are submitted to the company’s management for signature. As soon as it is signed, the company starts paying salaries. A payroll specialist has at his/her disposal various platforms with the help of which he records the employees, the hours worked, and other such details that help to make payslips and distribute salaries in their accounts. Our experts can tell you more about payroll in Serbia and dedicated services.
Social contributions are important and represent the taxes to be paid by both the employee and the employer. In Serbia, the following social contributions are paid:
We recommend that you discuss all aspects related to Serbian payroll taxes with one of our accountants. You can also benefit from payroll services in Serbia for the company you own.
Being employed in Serbia requires the conclusion of an employment contract with the employer, respectively the company interested in personnel. Thus, the employment contract, full-time or part-time, must contain the following information:
Such a contract is signed by both parties, and it must be registered with the relevant labor authorities. We mention that in the case of foreign citizens, the employment contract is made only after a work permit is issued in Serbia, a matter where our local specialists can provide support.
The legislation says that foreign employees can work in Serbia after obtaining a work permit. There are also exceptions in this case, for foreigners who do not stay more than 90 days in Serbia, over 6 months. This exception applies to representatives of foreign companies, business owners, or members of corporate bodies. Here are some details about work permits in Serbia:
We specify that the Ministry of Foreign Affairs in Serbia is the authority that issues residence and work permits. It is also important to specify that an employment contract must have the same validity period as the work permit issued in Serbia. We advise you to contact us if you want to hire foreign workers for your company in Serbia. We can take care of payroll for this type of employee.
The labor market in Serbia is quite competitive, especially since the taxes are quite low compared to other countries in Europe. Here are some statistical data about employment in Serbia, mentioning before that you can benefit from payroll services in Serbia:
We invite you to learn more about payroll in Serbia from our specialists. You can contact us by phone or online whenever you want to open a business in Serbia.