Employ in Serbia with ease.
Remote makes employment in Serbia easy. With our localized contracts, easy invoice management, and best-in-class compliance, you can grow your global team with confidence. Note that we can currently employ contractors in Serbia but our employer of record services are not yet live.
Capital city
Belgrade
Currency
Serbian dinar
(din, RSD)Languages spoken
Serbian
Services available:
Facts & Stats
Ranked 64th on the human development index, Serbia is an upper-middle-income economy that provides universal healthcare and free education to its citizens, powered by strong agriculture, petroleum, and IT industries.
Capital city
Belgrade
Currency
Serbian dinar
(din, RSD)Languages spoken
Serbian
Population size
6,926,705 (est. 2020)
Ease of doing business
Very easy
Cost of living index
$$ (2021)
Payroll frequency
Monthly
VAT - standard rate
20%
GDP - real growth rate
4.2%
Grow your team in Serbia with Remote
You can pay contractors now in Serbia with Remote in some currencies (talk to an expert now for full details).
Note that we are busy building our own entity in Serbia to provide you with the best possible employment solutions for your employees, but our employer of record service is not yet live in this country.
To employ in Serbia, companies must own a local legal entity in the country or work with a global employment solution. Developing the processes required to manage payroll, benefits, taxes, and onboarding in countries like Serbia can get complicated fast, especially without localized expertise.
If you're looking to start hiring in a country like this, partnering with a global employment solution like Remote makes it easy for your company to employ workers quickly, cost-effectively, and in full compliance with all local legislation.
In the countries where we do offer our EOR services, Remote takes on the responsibility and legal risks of international employment so you can focus on hiring great talent and growing your business.
Employing in Serbia
The Serbian Labor Law of 2005 defines provisions for employee protections and workers’ rights are applicable to Serbia’s workforce of 2.9 million. Employees in Serbia enjoy protections against discrimination based on age, religion, sexual orientation, gender expression, and race.
Common questions that could come up during the hiring process include the minimum wage, overtime rates, and guaranteed paid time off. Remote can help you offer a complete, competitive, and compliant benefits package to your employees in Serbia.
Minimum Wage
The Serbian minimum wage is fixed at 31,747.36 Serbian dinars, roughly equivalent to $322.54 per month. The gross minimum hourly wages are:
- for a month with 160 working hours: 39,370.61 dinars
- for a month with 168 working hours: 41,469.67 dinars
- for a month with 176 working hours: 43,568.73 dinars
- for a month with 184 working hours: 45,667.79 dinars
This is in accordance with the new tax exemption of 18,300 dinars.
Payroll Cycle
For customers of Remote, all employee payments will be made in equal monthly installments on or before the last working day of each calendar month, payable in arrears.
Onboarding Time
We can help you get a new employee started in Serbia fast. The minimum onboarding time we need is only 20 working days.
Our team ensures your employees are onboarded and paid as quickly as possible while keeping your business compliant with all local employment legislation. The minimum onboarding time begins after the employee submits all required information onto the Remote platform. The onboarding timeline is also dependent upon registration with local authorities.
For all non-nationals of the country of employment, the Right to Work assessment (if applicable) will add three extra days to the total time to onboard. There may be extra time required if we need to follow-up on the right to work assessment.
Please note, payroll cut-off dates can impact the actual first day of employment. Remote has a payroll cut-off date of the 10th of the month unless otherwise specified.
Competitive benefits package in Serbia
At Remote, we’re obsessed with helping you craft the best possible employee experience for your team. We are leading the way in practicing “fair equity”, which means making sure employees everywhere have access to both the required and supplemental benefits they need to thrive (and that will allow you to attract the best local talent).
We are still busy building our own entity in Serbia, but our benefits packages for all countries are tailored to fulfill the local needs of your employees. Typically, our packages contain some or all of the following benefits:
- Health Insurance
- Dental Insurance
- Vision Insurance
- Mental Health Support
- Pension or 401(K)
- Life and Disability Insurance
Calculate the cost to hire an employee
in Serbia
Taxes in Serbia
Learn how employment taxes affect your payroll and your employees’ paychecks in Serbia.
Employer
11.5% - Pensions and disability contribution
5.15% - Health insurance
0.75% - Unemployment insurance
Employee
14% - Pension and disability contribution
5.15% - Health insurance
0.75% - Unemployment insurance
Personal income tax rates:
10 – 20%
Types of leave
Paid time off
Employees are entitled to at least 20 days of paid vacation annually. Serbian labor law stipulates that the minimal duration of annual leave has to be increased on the basis of following criteria.
- Contributions to work
- Working conditions
- Working experience
- Kind and level of education of the employee
The Employer is free to determine the exact number of days of increase for each of the categories above.
Public holidays
Employees are entitled to take the 12 public holidays as paid days off work.
Sick leave
For non-work-related health challenges, employees are entitled to 65% of their wages for the first month of an illness, or even full wages, if an employee’s illness is related to the nature of the job.
For illness exceeding the first month, employees can draw sickness benefits from the Serbian Health Insurance Fund.
Maternity leave
Female employees having their first and second pregnancies are entitled to maternity and childcare, starting 28 days before delivery, and lasting for an entire year, with their full wages paid for the duration of the leave.
Maternity and childcare leave lasts up to two years for the third pregnancy onward, with full wages paid throughout the leave duration.
Paternity/Parental leave
Paternity leave lasts for seven days.
Other leave
- Bereavement leave: employees are entitled to five days of paid leave in case of the death of a close family member.
- Health purposes: Employees can take two paid days off work for voluntary blog transfusion.
- Adoption: Foster and adoptive parents are entitled to at last eight months of leave, starting when the process is finalized, until the child turns 11 months of age.
Employment termination
Termination process
Employee contracts can be terminated if a just cause is established, such as dishonesty, negligence, fraud, or any other work-related offenses, and the grounds for termination must be tendered in advance to the employee or the latter’s trade union.
Notice period
Advance notice is only required if an employer is terminating an employee for inability to carry out tasks related to the employment contract, and in such a case, can be given anywhere from eight to 30 days in advance.
Severance pay
Severance payments are only mandatory if an employee is laid off due to redundancy and are calculated by multiplying a third of the employee’s annual salary by the number of years of employment with the employer.
Probation periods
The Probation Period is maximum of three months. It is common to apply the maximum probation period to senior roles.
