| The Economist (Economist Intelligence Unit):
"Serbia is forecast to make the largest improvement in the business environment in the region of Easter Europe between 2009 and 2013. Out of 16 countries included in the research, Serbia will be leading the region in terms of business reforms by a wide margin"
source: (www.siepa.gov.rs)
Attracting Foreign Direct Investment (FDI) is a priority for the Serbian Government. The current Law on Foreign Investments establishes the framework for investments in Serbia and gives investors duty-free access to 1 billion customers or the 15% of the world market.
The Law eliminates previous investment restrictions; improves national treatment to foreign investors; provides guarantees against expropriation; and allows customs duty waivers for equipment imported as capital-in-kind. In order to attract FDI, Serbia developed a range of incentives for investors in 2006, including cash grants to investors that create significant new jobs, as well as tax incentives in the form of credits, cuts in payroll contributions and reduced corporate tax rates.
In order to get more informed and educated about Investment Incentives, success stories and overall investment climate please visit the Serbian Investment and Promotion Agency
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