Unique Selling Proposition
1. EU border region
- Business operating costs lower than in EU and EU candidate counties
- Quick and easy access to EU market
2. Logistical hub for international businesses (just-in-time production opportunities)
- Solid transportation infrastructure allows expedited movement of goods (Corridor X and the Danube river
- Vicinity to major European cities and distribution centers enabling just-in-time production opportunities for EU based businesses
3. Well trained and flexible human capital with a high level of proficiency in English
- Strong education system (University of Novi Sad) with almost 40,000 students and teaching staff, continually supplying the market with young talent
- Multilingual education system and a high level of proficiency in English removing language barriers
4. Competitive labor costs
| Country | Salary tax rate (%) |
|
Serbia
|
12
|
|
Romania
|
16
|
|
Slovakia
|
19
|
|
Moldova
|
up to 20
|
|
Bulgaria
|
up to 24
|
|
Croatia
|
up to 45
|
5. FTAs with SEE and easy access to Russia
- Access to markets of the South Eastern Europe, amounting to 60 million consumers
- Privileged trade regime with Russia, a market of 160 million consumers
6. Various financial and tax incentives for foreign investors
- Financial incentives for manufacturing, R&D and services jobs
- Numerous tax holidays
- 10% corporate profit tax – among the lowest in Europe
- Inward investment co-financing scheme (grant scheme administered and financed by the VIP)
