Your Local Accounting, Tax & Finance Partner in Serbia

Doing business in a new country involves much more than registering a company.

Accounting, Tax & Business Support for International Companies

Doing Business in Serbia

 

Local accounting rules, taxes, payroll, banking requirements and administrative procedures all need to work together – while your management team needs reliable financial information and clear communication from the local operation.

Veda Group helps international companies establish and manage their business in Serbia, stay compliant with local requirements and maintain effective financial reporting to their headquarters.

Our services and communication can be provided entirely in English.

Entering the Serbian Market

Before establishing a local presence, one of the first questions is how your business should be structured in Serbia.

Depending on your activities and objectives, we can help you understand the accounting, tax and practical implications of different options, including:

  • establishing a Serbian limited liability company (DOO)
  • registering a branch of a foreign company
  • registering a representative office
  • VAT and other tax registrations
  • opening a local bank account
  • setting up the accounting, payroll and financial processes required for operations

Where legal services, immigration procedures or other specialist support are required, we coordinate with trusted external professionals.

Company Formation & Closure in Serbia →

Accounting & Tax Compliance in Serbia

Once your Serbian operation is established, we can take responsibility for its local accounting and tax compliance.

Our support includes bookkeeping, VAT and other tax filings, statutory financial statements, corporate income tax compliance and ongoing monitoring of accounting and tax obligations.

For international groups, we can also act as the local point of contact for accounting and tax matters, explaining Serbian requirements and their practical implications to management and finance teams abroad.

Accounting & Financial Reporting → Tax Advisory →

Reporting to Headquarters

Local statutory reporting is often only one part of what an international company needs.

We prepare monthly or quarterly balance sheet and P&L reports, management reports and group reporting packages according to the requirements of the parent company.

Our team can work with reporting templates and deadlines defined by your group and communicate directly with your CFO, group accounting team or other finance functions abroad.

The objective is simple: reliable local numbers in a format your headquarters can actually use.

Accounting & Financial Reporting →

Payroll for Local and International Employees

We provide payroll outsourcing and related administration for employees in Serbia, including payroll calculations, taxes and social security contributions, tax filings and employee registrations.

We also support companies employing foreign nationals in Serbia with the tax and payroll aspects of their employment.

Where work and residence permits or specialist employment-law support are required, we coordinate with appropriate external professionals.

Payroll reporting can also be prepared according to group requirements.

Payroll & HR Administration →

Local Financial Operations

For international companies without a full local finance team, our support can extend beyond accounting.

Subject to agreed procedures and authorisations, we can assist with:

  • preparation of domestic and international payments
  • electronic banking operations
  • communication with local banks
  • documentation related to foreign-currency inflows and international payments
  • invoicing and Serbian e-invoicing system administration
  • monitoring of receivables and payables
  • other recurring local financial processes

Your company retains control and approval of funds, while we handle the agreed operational processes locally.

Financial Operations →

Already Operating in Serbia?

You do not need to be entering Serbia for the first time to work with us.

If your company already has a Serbian subsidiary, branch or representative office and you are considering changing your accounting or tax provider, we can manage the transition.

We review the existing accounting setup, coordinate the handover of data and documentation, review opening balances and define the reporting and communication procedures required by both the Serbian operation and headquarters.

Where we identify unresolved accounting issues from previous periods, we can first assess the situation and agree on the necessary corrections before moving into regular service.

Talk to Us About Changing Your Local Provider →

One Local Partner. One Point of Contact.

International companies often need several different types of support to operate effectively in Serbia.

Instead of coordinating multiple local providers, your headquarters can have one local point of contact for the accounting, tax, payroll and financial processes of your Serbian operation.

When specialist legal or other professional expertise is required, we coordinate with external advisers so that the process remains organised from the client's perspective.

Planning to Do Business in Serbia?

Whether you are considering entering the Serbian market or already have an operation here and are looking for a new local partner, we would be happy to understand your plans and discuss the support you need.

Talk to Our Team →