Below is a detailed assessment of the average company creation and ongoing maintenance costs for the standard limited liability company (Društvo sa ograničenom odgovornošću – DOO) in Serbia, with all figures sourced from official and reputable Serbian institutions. This guide summarizes the fees, capital requirements, and typical annual expenditures as of 2025.
Company Formation Costs in Serbia (2025)
Setting up a standard DOO in Serbia is relatively straightforward from a procedural perspective, but entrepreneurs should be aware of the initial and ongoing costs involved. All amounts below are given in Serbian dinars (RSD). For international benchmarks, the average conversion rate used is 1 USD ≈ 110 RSD (as of January 2025), so RSD 41,000 equals approximately $373 USD.
| Cost Breakdown | Average Amount (RSD) | Approx. (USD) |
|---|---|---|
| Minimum capital requirement | RSD 100 | $0.90 |
| Business registration fee (APR) | RSD 6,100 | $55 |
| Publication fee (Official Gazette) | RSD 3,000 | $27 |
| Notary fees (founding act/signatures) | RSD 10,000 | $91 |
| Stamp duty and administrative fees | RSD 900 | $8 |
| Lawyer fees (preparation/legal advice) | RSD 21,000 | $191 |
| Bank account opening fee | RSD 900 | $8 |
| TOTAL (average) | RSD 41,000 | $373 |
Of note, the statutory minimum capital required is only RSD 100 ($0.90), making Serbia’s legal threshold for capital among the most accessible in Europe. The bulk of early costs stem from legal and notarial services, as well as obligatory registration and publication fees.
Annual Company Maintenance Costs
Once established, a Serbian DOO faces yearly expenses mainly related to accounting, compliance, and administrative overhead. This includes both minimum statutory services and optional but recommended legal and professional support. The span below reflects basic to fully comprehensive outsourced services.
| Maintenance Item | Annual Min (RSD) | Annual Max (RSD) | Approx. Min (USD) | Approx. Max (USD) |
|---|---|---|---|---|
| Mandatory accounting services | RSD 60,000 | RSD 60,000 | $545 | $545 |
| Annual financial statement filing fee (APR) | RSD 4,100 | RSD 4,100 | $37 | $37 |
| Business address (virtual office, if not owned) | RSD 12,000 | RSD 12,000 | $109 | $109 |
| Legal retainer (optional/recommended) | – | RSD 20,000 | – | $182 |
| Additional accounting or tax advisory (optional) | – | RSD 84,000 | – | $764 |
| TOTAL ANNUAL (basic to expanded) | RSD 60,000 | RSD 180,000 | $545 | $1,636 |
The minimum annual expense for a Serbian DOO in 2025 is approximately RSD 60,000 ($545 USD) if only basic accounting and filing are used. For more complete service coverage, including legal and advanced tax advisory, the figure may reach RSD 180,000 ($1,636 USD) per year.
Summary Table: DOO Creation and Maintenance at a Glance
| Category | Total Cost (RSD) | Total Cost (USD) |
|---|---|---|
| Company creation (one-time) | RSD 41,000 | $373 |
| Annual maintenance (range) | RSD 60,000 – RSD 180,000 | $545 – $1,636 |
Key Sources
Expert Pro Tips for Managing Costs in Serbia
- Shop around for legal and accounting services: Fee differences can be substantial, so get multiple quotes before appointing advisors.
- Ensure your founding documents are carefully prepared: Proper legal setup helps avoid costly amendments or compliance issues later on.
- If you do not have a business premises, compare virtual office providers—this cost is often negotiable and can include mail handling or compliance support.
- Reassess your need for additional advisory services annually; start lean and add more specialist help as your operations become more complex.
Serbia offers one of the most accessible capital requirements for forming a limited liability company, with highly predictable setup and annual compliance costs. The system encourages swift establishment while providing options for scaling your support and compliance spend as the business evolves. Reliable, up-to-date fee schedules are always available from the APR and National Bank of Serbia and should be reviewed each year for policy changes or updates.