SERBIA EOR & PEO
Hire in Serbia without a local entity today
As a Global PEO & EOR service provider, we pride ourselves on our global reach, in-country knowledge, and ability to swiftly and efficiently mobilize workers around the world. Our robust PEO/EOR covers everything from global HR, payroll, compliance, in-country support, immigration, visas, and more.
Get started and hire in Serbia today with Gibson Watts Global.
DID YOU KNOW
Serbia’s capital city, Belgrade, is one of the oldest cities in Europe, with excavated artefacts dating back at least 7,000 years
Serbia is producer of the world’s most expensive cheese, called Pule – it is made from Balkan donkey milk and costs $1,300 per kilogram
It is thought the word “vampire” is Serbian in origin, and therefore the most widely spoken Serbian word around the world!
Forget software,
this is expansion
with a human touch
Serbia EOR Services
Background on Serbia
Serbia is an attractive prospect for international businesses looking to expand into Europe, as it is strategically located in Southeast Europe, providing easy access to both Eastern and Western European markets. Additionally, Serbia boasts a highly skilled and educated workforce, particularly in the fields of IT, engineering, and manufacturing, and the cost of labor is relatively low compared to Western Europe.
The Serbian government has taken measures to create a favorable business environment, implementing numerous reforms including tax incentives and support systems for foreign investors and startups. Serbia has shown resilience and growth in its economy, attracting foreign investment.
Serbia has also seen a significant growth in the tech sector, with a rising number of startups and IT companies establishing operations there.
Serbia offers a good quality of life with a lower cost of living, rich cultural heritage, and a pleasant climate, so it is an attractive destination for businesses and employees alike.
Gibson Watts Global can provide a cost-effective, transparent and quick route for international businesses to hire staff in Serbia through the use of a PEO or EOR model.
Working in Serbia
Employment Info
Working Hours
- Standard working hours are 40 hours per week, typically spread over five days.
- Overtime is regulated and should not exceed 8 hours per week.
Holiday / Sickness Allowances
- Annual Leave: Employees are entitled to a minimum of 20 days of paid annual leave.
- Sick Leave: Employees are entitled to paid sick leave, which is typically covered by the employer for the first 30 days, after which the state covers the cost.
Maternity / Paternity Allowances
- Maternity Leave: Women are entitled to 365 days of maternity leave, which includes 28 days before the expected due date.
- Paternity Leave: Fathers are entitled to 7 days of paid leave for the birth of a child, with potential for longer unpaid leave.
Taxes
- Income Tax: The flat income tax rate is 10%.
- Social Security Contributions: Employees contribute 19.9% of their gross salary to social security, while employers contribute 17.9%.
Visas
- Foreign nationals need a work permit and a temporary residence permit to work in Serbia. These can be obtained through the employer.
Public Holidays
- New Year’s Day – 1st / 2nd January
- Christmas Day – 7th January (the Serbian Orthodox Church uses the Julian Calendar)
- Statehood Day – 15th / 16th February
- Great Friday
- Easter Monday
- Labour Day – 1st / 2nd May
- Armistice Day – 11th November
Cultural Information
- Religions: The majority religion is Eastern Orthodox Christianity, followed by Roman Catholicism, Islam, and other minor religions.
- Languages: The official language is Serbian. English is widely spoken, especially in business and younger populations.
Impact of Covid-19
Remote/Hybrid Working: The Covid-19 pandemic has accelerated the adoption of remote and hybrid working models in Serbia. Many companies now offer flexible working arrangements.