The Serbian authorities have recognized the development of private entrepreneurship as one of the country’s priorities. In March 2015, the government adopted a strategy for the development of small and medium-sized businesses.

As part of this strategy, the subject of “Entrepreneurship” was even introduced in schools, which was developed and implemented in 50 experimental schools of five specialties in the first stage of the Secondary Vocational Education Reform Program.

The country has a complex tax system: different types of businesses pay differently. Therefore, before opening a company, it is recommended to consult with a tax lawyer or accountant.

Immigrants most often start the following types of businesses:

• Restaurant (bars, cafes, catering),
• Tourism (hotels, tour organizations, car sharing),
• Beauty salons,
• Appliance repair,
• Scrap metal processing,
• IT companies.

Bloomberg agency claims that in 2022, the number of arriving Russian nationals exceeded 100,000 people. More than 17,000 of them obtained residence permits in Serbia and found jobs. The country’s registry office published data that Russian citizens registered 2,321 companies, most of which are located in Belgrade.

This growth was largely facilitated by benefits for the IT sector, the conditions of which continue to change.

The areas of business opened by migrants vary: co working spaces, assistance in transporting animals, legal consultations, IT business, yoga, restaurants, tourism, construction, delivery services.