Try give this a brief read, I'm no expert on their current taxlaws, But this may be of some help <a href="http://www.siepa.gov.rs/site/en/home/1/investing_in_serbia/investment_incentives/tax_incentives/" rel="nofollow" target="_blank">http://www.siepa.gov.rs/site/en/home/1/investing_in_serbia/investment_incentives/tax_incentives/</a> Enjoy the weekend