Incentives for beginners in business: Loan 100%, government subsidies up to 40%
BizLife 27.01.2021 | BIZLife
At the last assembly the Serbian government passed the Decree on Incentives for the Development of Entrepreneurship through Financial Assistance for Beginners in 2021.
It envisages that state will subsidize 30 percent of the total investments to all those who start their business as beginners, while those from underdeveloped local self-governments will receive assistance of 40 percent, and the rest of the money will come from a loan from the Development Fund. Business entities belonging to the fourth development group are business entities from extremely underdeveloped local self-governments that have their headquarters or
