New Decree Concerning State Subsidies

The Serbian government passed the Decree on conditions and procedures for the Attraction of Direct Investments, which was published in the Official Gazette of Serbia No. 28/2015 from March 20, 2015. The Decree entered into force on March 21, 2015.

The Decree provides for subsidies for investments into Serbian market and regulates who can apply for the subsidies, the volume of subsidies and the procedure of applying and granting subsidies.

- Eligible applicants

Any foreign or domestic business entity can apply for the subsidies provided by the Decree. However, only a domestic legal entity, which is directly or indirectly controlled by the applicant, can be the beneficiary of the subsidies.