Overview

Capital
Belgrade
Currency
Serbian Dinar
Date Format
dd/mm/yyyy

calendar icon Public holidays calendar

Taxes

Employer
11.5% - Pension and disability
5.15% - Health insurance
Employee
14% - Pension and disability
5.15% - Health insurance
0.75% - Unemployment insurance

Minimum Wage

General

Minimum wage is RSD 172.54 per hour.

Payroll Contributions

Social Security

Employer: 

  • 11.5% - Pension and disability
  • 5.15% health insurance

Employee:

  • 14% - pension and disability
  • 5.15% - health insurance
  • 0.75% unemployment insurance

Leave

Public Holidays

There are 10 public holidays.

Termination

Termination Process

Employer must provide the employee with minimum of 8 days and maximum of 30 days of notice.

Notice Period

Employee must give minimum of 15 days and maximum of 30 days of advance notice.

Severance Pay

No mandatory requirements for a severance payments.

VAT

General

VAT is 20% standard rate.