As an additional benefit for companies to streamline their operations, many municipalities offer the possibility of operating within designated industrial zones. Such zones offer advantages such as a streamlined process for obtaining land, favorable geographic locations, and ready-to-use infrastructure. Currently, fifteen of those industrial zones are also licensed free customs zones: Pirot, Subotica, Zrenjanin, FAS Kragujevac, Sumadija Kragujevac, Sabac, Novi Sad, Uzice, Smederevo, Svilajnac, Krusevac, Apatin, Vranje, Priboj, and Belgrade.
By doing business in free zones, special benefits and privileged tax regime are provided to the free zone user (exemption from VAT and customs duties for import of raw materials intended for the production of export goods, machinery, equipment and building material).
Import and export of the goods in/from the zone is unlimited. Goods imported from the zone to the domestic market are subject to the foreign goods import regime. Employers within the free zone may lease business premises, production space and warehouse under favourable conditions.
Source: Annual Business Report 2022; Free Zones Administration, 2023