Serbia - Ease of doing business

New business density (new registrations per 1,000 people ages 15-64)

New business density (new registrations per 1,000 people ages 15-64) in Serbia was 1.99 as of 2020. Its highest value over the past 14 years was 2.28 in 2007, while its lowest value was 1.67 in 2015.

Definition: New businesses registered are the number of new limited liability corporations registered in the calendar year.

Source: World Bank's Entrepreneurship Survey and database (http://www.doingbusiness.org/data/exploretopics/entrepreneurship).

See also:

Year Value
2006 2.22
2007 2.28
2008 2.20
2009 1.98
2010 1.88
2011 1.69
2012 1.74
2013 1.77
2014 1.69
2015 1.67
2016 1.76
2017 1.86
2018 1.88
2019 1.98
2020 1.99

Time to obtain an electrical connection (days)

Definition: The average wait, in days, experienced to obtain an electrical connection from the day an establishment applies for it to the day it receives the service.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2002 9.80
2005 17.70
2009 109.50
2013 64.30
2019 113.60

Power outages in firms in a typical month (number)

Definition: Power outages are the average number of power outages that establishments experience in a typical month.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2009 0.600
2013 0.600
2019 0.700

Firms experiencing electrical outages (% of firms)

Definition: Percent of firms experiencing electrical outages during the previous fiscal year.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2009 57.40
2013 44.20
2019 49.50

Time required to get electricity (days)

The value for Time required to get electricity (days) in Serbia was 125.00 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 131.00 in 2015 and a minimum value of 125.00 in 2016.

Definition: Time required to get electricity is the number of days to obtain a permanent electricity connection. The measure captures the median duration that the electricity utility and experts indicate is necessary in practice, rather than required by law, to complete a procedure.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2009 131.00
2010 131.00
2011 131.00
2012 131.00
2013 131.00
2014 131.00
2015 131.00
2016 125.00
2017 125.00
2018 125.00
2019 125.00

Firms that do not report all sales for tax purposes (% of firms)

Definition: Firms that do not report all sales for tax purposes are the percentage of firms that expressed that a typical firm reports less than 100 percent of sales for tax purposes; such firms are termed "informal firms."

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2002 61.42
2003 64.88
2005 30.05

Firms visited or required meetings with tax officials (% of firms)

Definition: Percent of firms that were visited or required to meet with tax officials.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2009 48.80
2013 55.20
2019 44.60

Firms that spend on R&D (% of firms)

Definition: Percent of firms that spend on research and development.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2013 15.30
2019 13.50

Firms experiencing losses due to theft and vandalism (% of firms)

Definition: Percent of firms experiencing losses due to theft, robbery, vandalism or arson that occurred on the establishment's premises.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2009 28.10
2013 19.30
2019 10.20

Firms expected to give gifts in meetings with tax officials (% of firms)

Definition: Firms expected to give gifts in meetings with tax officials is the percentage of firms that answered positively to the question "was a gift or informal payment expected or requested during a meeting with tax officials?"

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2002 46.80
2005 59.60
2009 3.60
2013 5.60
2019 1.20

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in Serbia was 20.20 as of 2019. Its highest value over the past 14 years was 20.20 in 2019, while its lowest value was 20.20 in 2005.

Definition: Labor tax and contributions is the amount of taxes and mandatory contributions on labor paid by the business.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 20.20
2006 20.20
2007 20.20
2008 20.20
2009 20.20
2010 20.20
2011 20.20
2012 20.20
2013 20.20
2014 20.20
2015 20.20
2016 20.20
2017 20.20
2018 20.20
2019 20.20

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in Serbia was 3.40 as of 2019. Its highest value over the past 14 years was 4.00 in 2007, while its lowest value was 2.20 in 2008.

Definition: Other taxes payable by businesses include the amounts paid for property taxes, turnover taxes, and other small taxes such as municipal fees and vehicle and fuel taxes.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 4.00
2006 4.00
2007 4.00
2008 2.20
2009 2.30
2010 2.30
2011 2.30
2012 2.30
2013 2.30
2014 2.30
2015 3.50
2016 3.50
2017 3.50
2018 3.40
2019 3.40

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in Serbia was 13.00 as of 2019. Its highest value over the past 14 years was 13.20 in 2014, while its lowest value was 6.80 in 2005.

Definition: Profit tax is the amount of taxes on profits paid by the business.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 6.80
2006 6.80
2007 6.80
2008 6.80
2009 6.80
2010 8.80
2011 8.80
2012 8.80
2013 8.80
2014 13.20
2015 13.00
2016 13.00
2017 13.00
2018 13.00
2019 13.00

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment