Novi Sad

Salary from a foreign employer or fees from foreign clients

Taxed10% salary tax above RSD 34,221 a month (2026); freelancers 20% or 10% under the quarterly models; plus up to 15% annual tax for high earners

Residents pay tax on worldwide income, and work done physically in Serbia is Serbian income even for a non-resident (Articles 7 and 8). Salary from a foreign employer is taxed at 10% on the gross pay minus a non-taxable RSD 34,221 a month for full-time work in 2026 (RSD 37,369 from 2027). No Serbian payer withholds it, so you calculate and pay it yourself and file form PP OPO within 30 days of being paid (Article 100a). Whether a foreign national employed by a foreign employer must also pay Serbian social contributions (employee 19.9%, employer 15.15%, capped at five times the average monthly salary) depends on the contributions law and any social-security agreement. This profile did not confirm that. Freelancers paid by foreign clients without registering a business are taxed quarterly on 'contracted fees for work done' under the model introduced in 2023, plus 24% pension and 10.3% health contributions (see regimes). Registered entrepreneurs pay 10% on profit or a lump sum as paušalac. Beware the independence test: if a paušalac or entrepreneur meets five of nine employment-like criteria with one client, foreign or Serbian, the fees are taxed as other income at 20% on the full gross plus contributions (Article 85(1)(17)). Salary, self-employment and freelance income also count toward the annual income tax. Tax paid abroad is credited up to the Serbian tax on the same income (Article 12), and treaties may change the result.

On the nomad visa

Serbia has no digital nomad or remote-work visa; the government's Welcome to Serbia page on digital nomads only points to the ordinary visa and temporary-residence portals. Tax follows the general rules. A non-resident who spends no more than 90 days in Serbia in any 12-month period is exempt on income from a foreign payer with no activity in Serbia (Article 9b). Beyond 90 days, pay for work done in Serbia is Serbian income even for a non-resident (Article 8). Once you reach 183 days, or have your centre of vital interests in Serbia, you are resident and taxed on worldwide income.

Dividends, interest, gains, rent and pensions from abroad

Taxed15% flat on dividends, interest and capital gains; effectively 15% on rent (20% of 75%); compulsory-insurance pensions exempt

Capital income (dividends, interest, fund distributions) is taxed at 15% (Income Tax Law, Articles 61 and 64), and so are capital gains on shares, securities, property and digital assets (Article 77). On income from abroad you self-assess and file within 30 days of receipt (form PP OPO). Digital-asset gains go on a quarterly PPDG-3R return due 120 days after the quarter ends. Interest on dinar savings deposits and on Serbian government bonds is exempt; interest on foreign-currency deposits is not (Article 65). Gains on shares or securities held for at least ten years are not taxed (Article 72a), and a gain on selling property is exempt if you reinvest it in your own housing in Serbia within 90 days (Article 79). Rent is taxed at 20% on gross rent minus a 25% standard deduction, an effective 15% (Articles 65v and 65g). Rent also counts toward the annual income tax; dividends, interest and capital gains do not. Pensions under compulsory pension and disability insurance are exempt (Article 9). The wording does not limit this to Serbian schemes, but this profile did not confirm how a particular foreign or private pension is treated. Foreign tax is credited up to the Serbian tax on the same income (Article 12).

Net wealth and inheritance

No wealth taxInheritance tax applies

Serbia has no net wealth tax. Inheritance and gift tax is part of the Law on Property Taxes: heirs in the first line (children and grandchildren) plus the spouse and parents pay nothing, the second line pays 1.5%, and everyone else pays 2.5% (Articles 19 and 21). A resident is taxed on inherited or gifted cash, deposits, receivables, digital assets, intellectual property and used vehicles wherever they are; real estate is taxed only if it is in Serbia. Shares and securities are excluded, and gifts of money up to RSD 100,000 a year from the same person are exempt (Articles 14 and 15). Owners pay an annual property tax set by each municipality, at up to 0.4% of the tax base up to RSD 10 million, rising in bands to up to 2% above RSD 50 million for individuals who keep no business books (Article 11). Selling real estate triggers a 2.5% transfer tax, normally owed by the seller (Articles 25 and 30).

Tax resident after

183 days a year

Top income tax rate

23.5%

When you become tax resident

You are a Serbian tax resident if you have your domicile (prebivalište) or your centre of business and vital interests in Serbia, or if you stay in Serbia 183 days or more, continuously or with breaks, in any 12-month period that starts or ends in the tax year (Income Tax Law, Article 7). Any part of a day counts as a full day, except time in transit. If you know on first arrival that you will meet either test, you are resident from the day you first entered; otherwise, in the arrival year you are not resident for the period before first entry. The law does not define the centre of vital interests further. A long-term rental, family or a registered business in Serbia can therefore point to residence before 183 days, and that is a judgment call. On a short stay with no home in Serbia, the 183-day count is what matters.

Top income tax rate

Belgrade, like the rest of Serbia, has no regional or municipal income tax. Salary pays a flat 10%. The annual income tax then adds 15% on taxable income above six times the average annual salary, but its base is income after the 10% tax and employee contributions. Above the contribution cap, a marginal RSD 100 of salary therefore costs 10 + 13.5 = 23.5. For 2024 income the 15% band began at about RSD 15.27 million of net income for a taxpayer aged 40 or over without dependants: the RSD 4,874,508 threshold, plus the RSD 649,934 personal deduction, plus RSD 9,749,016. People under 40 get a further reduction equal to three average annual salaries.