Serbia may cut the corporate tax to 5 percent for investors who set up production in a free trade zone, a Finance Ministry official said. Under a five-year development strategy for the duty-free areas, the tax authorities plan to trim the rate from 10 percent for foreign investors who bring their businesses to Serbia, on condition that production is intended for export, said Milan Ristic, the Finance Ministry’s director for free trade zones reports Bloomberg.
Source balkans.com
