For two hired - incentives - As of January 2016 incentives for employment in small and micro companies

Incentives for employment as of 2016 will be valid both for small and micro companies and entrepreneurs if they hire at least two new people, Novosti reports. In that case, employers will be able to return 75% of taxes and contributions. That “discount” has been available only for investors who hire at least 100 people.

New employment incentives have been planned within changes and amendments to the law on income contributions for compulsory social insurance which is at the moment before the parliament members of the Assembly of Serbia.

Entrepreneurs, small and micro companies will be able to return funds by the end of 2017. New thing is that existing incentives for new people will be valid, instead of by the end of June 2016, a year and a half longer.