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Account Opening in Serbia

Not really. Taxation is applied only on profit, if we are talking about business account. If you need a personal account, then you really need to understand what you want to do. If you are not a tax resident in Serbia, then no need to pay taxes here. You can choose to either show or not show your account statements in the country where you are a tax resident in EU. Depends what privacy matters to you and what the ultimate goal for account opening is. Anyway there is an option to open an account under employment agreement, or you can act as a sole entrepreneur and in this case some small taxes apply. You can form an LLC company too, you can even open a trust and lower your taxation to very minimum... You can open a private account with just a passport in some banks if you are a HNWI. It all depends.

Which banks in Serbia would you recommend ? English spoken ?
 
All banks in Serbia offer that. RSD, EUR, USD can generaly open any bank. Then on request some banks can open RUB balance as well (API Bank probably)

Debit card Dina ( Serbian card ), Visa or Mastercard.

Is there a requirement to have employement agreement with local company to open personal account ?
 
There is absolutely no chance that Serbia will join SEPA next year. A personal account in Serbia can be open for foreigners, but only with visit and there would have to be an employment agreement with a local company at least. Another alternative is to open own business or buy real esate but that is more complicated and costly.
With employment agreement you will also need a proof of address. This can all be handled with a bit of work and if interested- contact me.
Never say never. https://seenews.com/news/montenegro-to-join-sepa-in-2025-report-1264335
Montenegro is apparently joining on the 1st.
 
Never say never. https://seenews.com/news/montenegro-to-join-sepa-in-2025-report-1264335
Montenegro is apparently joining on the 1st.
1) This is not such a suprise. Montenegro is not Serbia; the situation there is completely different.

2) As this thread is devoted to (account opening in) Serbia, please do not go OT. If you like to discuss e.g. Montenegro and SEPA, feel encouraged to open a new thread. I can move the corresponding posts there afterwards or just delete them here.
 
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