Invest in Vojvodina

In the region of Vojvodina you will find all the support you need to successfully set up your investment and make sure it continues to grow.

You will easily establish relationships with all the relevant governmental institutions, as well as the business and science community. Combined with the possibility to directly access the network of key stakeholders within each sector, your investment project will be fully equipped to quickly move forward.

The region of Vojvodina has a uniquely diversified economy, hosting a number of companies from different sectors. No matter which sector you choose, in addition to preferential business setting you´ll get the greatest support to take your success to the next level.

UNPARALLELED INVESTMENT OPPORTUNITIES

 
 

TOP 5 REASONS to invest in Vojvodina

QUICK & EASY ACCESS TO GLOBAL MARKETS

Ideal geographic location - allowing you to most efficiently implement JIT/JIS production models and to cost-effectively distribute aftermarket products to the region.

Positioned at the intersection point of two major European corridors - corridor 10 and corridor 7.

Only one border crossing the EU along with duty-free export to a number of countries, allows companies to serve their global markets from a single location.

TOP-QUALITY WORKFORCEAchieve highest performance at competetive rates

Optimal ratio between cost, productivity, and quality of the workforce boosting the overall competitiveness of the business environment.

Access to exceptional talent pool with multicultural diversity offers flexibility and adaptability for maintaining unrivalled performance levels.

Vojvodina represents a specific hub for University education – 3 Universities (1 state – 14 Faculties, 2 private – 9 Faculties) with internationally renowded Faculty for Technical Science (28 undergraduate academic profiles, 33 master academic profiles).

BOOSTING PROFITS WITH FAVORABLE TAX SYSTEMLowest tax rates in the region

By choosing to locate in Vojvodina, foreign investors enjoy the benefits of a highly competitive and advantageous tax system, essential for boosting company profits.

In addition, favorable business and investment climate conditions contribute to a proven record of successful FDI attraction.

In general, Serbia’s tax regime is highly conductive to doing business.

Corporate profit tax is the lowest in the region, while VAT, salary tax and social insurance contributions are among the most competitive in Central and Eastern Europe.

Standard VAT Rate
20%
Corporate Profit Tax Rate
15%
Salary Tax Rate
10%

DUTY - FREE ACCESS TO 1 bn CONSUMER BASEExpand your global reach

The region of Vojvodina is uniquely positioned for global trading offering you a duty-free access to over 1 billion consumer base.

EU
505 mil
USA
317 mil
Russia
142 mil
Turkey
72 mil
CEFTA
30 mil
EFTA
13 mil
Belarus
10 mil

LOW OPERATING EXPENSES & GENEROUS INCENTIVESGet on the fast track to success

Implemenattion of investment projects in Vojvodina results in a significant reduction of operational costs.

In addition to competitve infrastructure and labor costs, the cost of building a production facility in Vojvodina ranges between EUR 250-450/sqm.

Join our growing Community of foreign investors

 
 

Vojvodina Development Agency

 

Stražilovska 2, 21000 Novi Sad, Republic of Serbia

+381 21 472 32 40, +381 21 472 32 45

+381 21 472 19 21