Incentives for small and micro enterprises as well - Amendments and supplements to Personal Income Tax Law adopted

The National Parliament of the Republic of Serbia adopted 29 December 2015 the Law on Amendments and Supplements to the Personal Income Tax Law, which aims to eliminate the grey zone in employment through incentives for legal employment.
The validity of these incentives, one of which is a decrease in income taxes and contributions by 65, 70 and 75%, depending on the number of employees, is extended by the end of 2017.

Given that they have so far been intended for companies employing 100 people or more, these incentives will now also be available to small and micro enterprises with up to two employees.

This is only one of the laws that the Serbian parliament adopted yesterday.

Narodna skupština Republike Srbije

Law on amendments and supplements to the Personal Income Tax Law

income taxes and contributions

micro enterprises

small enterprises