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Globalpedia

Expand your global workforce in RsSerbia

globalpedia-hero-serbia-1.jpg

Population

6,647,003

Languages

1.

Serbian

Country Capital

Belgrade

Currency

Serbian dinar (RSD)

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Employer of Record in Serbia.

G-P provides employer of record services for customers that want to hire employees and run payroll without first establishing a branch office or subsidiary in Serbia. Your candidate is hired via G-P’ Serbia PEO in accordance with local labor laws and can be onboarded in days instead of the months it typically takes. The individual is assigned to work on your team, working on your company’s behalf exactly as if he or she were your employee to fulfill your in-country requirements.

7Holidays per year
40hours per weekWorking hours per day or month
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Payroll in Serbia.

Serbia is a small, landlocked country between Central and Southeastern Europe. With a similar culture to other countries in Western Europe and a pending application to join the EU, Serbia is a great country to choose for your expansion. During the process, you’ll need to navigate Serbia payroll options, set up a payroll, and ensure compliance.

Hiring in RsSerbia.

Hiring the right individuals in Serbia can make all the difference in the success of your new location. To do so, you’ll need to understand the workplace culture and business etiquette in Serbia as well as the laws surrounding staffing, recruiting, and employment. However, establishing a subsidiary first presents challenges to the hiring process. It can take weeks or months to incorporate before you can hire, leading talented candidates to look elsewhere for new positions.

Compensation & Benefits in Serbia.

Compensation and benefits are important to your employees, as well as to the overall health of your company. Meeting or exceeding Serbia’s compensation laws will help you attain greater retention rates and give you a leg up over the competition. If your Serbia benefit management plan provides the statutory minimum, you can feel confident about staying compliant and provide supplemental benefits to make your open positions more attractive.

RSD54,649 per monthMinimum wage per month
20daysAnnual vacation leave (min)
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Serbia Subsidiary.

Establishing a subsidiary in a foreign country is usually the first step of any expansion. You will need to learn Serbia’s subsidiary laws, set up your payroll, hire employees, and give out the right level of compensation and benefits. This is all on top of running a new company location in an unfamiliar country.

Work visas & permits in SerbiaTypes of work visasRequirements to obtain a visaApplication processImportant considerations

Serbia Visas & Permits.

Serbia’s economy has seen considerable growth in recent years. If your company is up for the challenge of working in a developing economy, Serbia may be an excellent destination for global expansion.

Disclaimer

THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE LEGAL OR TAX ADVICE. You should always consult with and rely on your own legal and/or tax advisor(s). G-P does not provide legal or tax advice. The information is general and not tailored to a specific company or workforce and does not reflect G-P’s product delivery in any given jurisdiction. G-P makes no representations or warranties concerning the accuracy, completeness, or timeliness of this information and shall have no liability arising out of or in connection with it, including any loss caused by use of, or reliance on, the information.

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