Page 49 - CEE Tax Guide 2025

insurance (0.75%). Contributions payable
VAT options in Serbia Applicable / limits
by the employer amount to 15.15% and include
Distance selling No contributions for pension and disability insurance
Call-off stock No totaling 10%, and health insurance (5.15%). There
is no unemployment insurance payable on behalf
VAT group registration No
of the employer. Personal deductions are applicable.
Cash accounting – yearly Approx. EUR 405,000/year.
amount in EUR (approx.)
Import VAT deferment No

Local reverse charge
Option for taxation
letting of real estate No
supply of used real estate
VAT registration Approx. EUR 68,000/
threshold past 12 months.

Personal income tax /

Social security system

In Serbia, resident individuals are taxed based
on their worldwide income, while non-residents are
taxed only on income in Serbia. There is a flat rate
of 10% for gross salaries. Capital gains are taxed
at 15%. Furthermore, the tax rate on income from
agriculture and forestry is 10%. Income from the
letting of real estate is taxable at 20%, but before
that, the gross basis is reduced by standardized
costs equaling 25%. The tax rate on income
from royalties and other intellectual property
amounts to 20%.

Active incomes fall under the scope of the SSC
system: social contributions payable by employees
amount to 19.90% of the gross salary. These include
contributions for pension and disability insurance
(14%), health insurance (5.15%), and unemployment

Wage related taxes in Serbia Minimum wage Average wage in private sector
Exchange rate RSD/EUR 117.25 in EUR in RSD in EUR in RSD

617 72,396 1,155 135,395
Total wage cost 711 115.00% 1,330 115.00%
SSC paid by the employer 94 15.15% 175 15.15%
Gross salary 617 100.00% 1,155 100.00%
SSC paid by the employee 123 19.90% 230 19.90%
PIT 62 10.00% 115 10.00%
Net salary 432 70.00% 810 70.00%

Pere Mioč
Partner, Tax Advisory Services
Phone: +385 (0) 99 736 8746
E-mail: pere.mioc@forvismazars.com

Central and Eastern European tax guide 2025 Forvis Mazars 49