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Serbia's banking system has its nuances, which can be a source of frustration for foreigners, especially when starting a business. One of the most challenging topics is opening a business account for a sole proprietor (IP). Experience shows that Serbian banks' approaches to new clients with a temporary residence permit (VNZh) can vary drastically.
An extract from the register of sole proprietors is an official document confirming the status of your business. It is often required for various legal and administrative procedures, such as applying for a residence permit (boravak).
The decision to close a sole proprietorship (preduzetnik) in Serbia raises many questions, especially for foreign citizens. Understanding the key aspects of the process from the outset will help you plan your actions and avoid unpleasant surprises.
The 'Promenu osnova rada' or 'Change of Basis' procedure is an official process designed for foreigners who already have a residence permit in Serbia based on employment (work-based residence permit) and want to additionally register and link a sole proprietorship (SP) to their residence permit.
The Serbian government services portal is designed to simplify interactions between citizens, as well as foreigners residing in the country, and government organizations. It consolidates numerous services, enabling users to handle administrative and business matters online.