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Technologies Logistic Center (TLC) - Serbia

Association offers incorporation and corporate management of entities within Free Zones in Serbia, as the ultimate solution for optimised operational expenditures of production, research and development, as well as global distribution of products made in Serbia. 

Why Serbia?

Republic of Serbia has performed internationally recognized business reforms and has become a proven investment destination in the South East European region due to highly capable intellectual capital and customs free access to the 15% of the world market!
  • Global research undertaken by Economist Intelligence Unit indicates and confirms that Serbia is forecast to make the largest improvement in the business environment in the region of Eastern Europe between 2009 and 2013-out of 16 countries included in the research, Serbia will be leading the region in terms of business reforms by a wide margin. 
  • PWC ranked Serbia as the 3rd most attractive manufacturing and 7th most attractive services FDI destination among emerging economies - Ernst & Young recorded nearly 150 inward investment projects in Serbia-the 2nd best ranked performance in the South East Europe region.
In International Business Structuring, jurisdiction of Serbia is recommended to host a manufacturing hub for duty-free exports to a market of 1 billion people that includes:
  • Interim Trade Agreement with European Union,
  • Free Trade Agreements with Russian Federation (0% customs rate), CEFTA members, EFTA members, Belarus, Kazakhstan and Turkey.
This customs-free regime covers most key industrial products, with only a few exceptions and annual quotas for a limited number of goods.
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Free Economic Zone Concept
Benefits
  • ​Exemptions from any tax burden for FDI, VAT and specific local taxes;
  • No Custom Duties on Import of Goods, equipment and raw material used in exporting production and construction material for building of infrastructure;
  • Financial Benefits (free cash flow, not subject of foreign exchange);
  • Efficient Administration (one stop shop);
  • Local Subsidies for using free zone infrastructure
​A set of services is available to users of Free Zones under preferential terms (transportation, loading, reloading, freight forwarding services, insurance and banking services). In the free zone VAT is not paid for the goods provided for performing business activity, for which the taxpayer would have the prior tax deduction right in case of providing those goods for its operational needs out of the zone. VAT is not paid for providing to free zone users the transport and other services directly related to carrying in the goods into free zones, for purpose of performing business activities.

TLC Package

Members are offered with tailored package that includes:
  • Formation and professional management of Serbian legal entity that uses Free Zone facilities;
  • Legal support especially in technologies transfers (this of the highest importance for securing of Serbian origin);
  • Human Resources management services to Serbian legal entity;
  • Accounting Support to Serbian legal entity: bookkeeping, accounting and reporting in accordance with IFRS;
Designated Serbian legal entity enters into following agreements:
  • Incorporation Agreement: founders define between themselves all aspects of company’s existence and operations, as well as registration of capital (it could be consideration in cash, equipment, “know how” transfers);
  • Management Agreement: with selected associates of Association ECOPOWER concerning provision of professional management services in order to secure permanent establishment in Serbia;
  • Tenancy Agreement concerning long term lease within established Free Zones in Serbia;
The said services and legal arrangements are tailored in accordance with business objectives of the member and offered business frame described as above.
Starting as from 1,500 EUR!

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