Paysend’s Post

10 Reasons to #invest in #Serbia #BelgradeFamilyOffice provide provessional servises boutique for international clients in Serbia. And we are sure that it is precisely Serbia and #BFO that will help you preserve and enhance your #wealth. Here are 10 reasons why you should invest in Serbia: 1️⃣ Strategic Location: Serbia is located at the crossroads of Central and Southeast Europe, making it a strategic hub for business and trade within the region. 2️⃣ Skilled Workforce: Serbia boasts a highly educated and skilled #workforce, particularly in the fields of engineering, IT, and manufacturing, providing a solid base for industries requiring technical expertise. 3️⃣ Competitive Costs: The cost of labor, utilities, and #realestate in Serbia is relatively low compared to Western Europe, making it an attractive destination for cost-effective business operations. 4️⃣ Investment Incentives: The Serbian government offers various incentives to foreign #investors, including tax breaks, subsidies, and grants, to encourage investment and economic growth. 5️⃣ Growing #Economy: Serbia has experienced steady economic growth over the past decade, with a stable macroeconomic environment and increasing foreign direct investment. 6️⃣ EU Integration Prospects: Serbia is a candidate for European Union membership, which promises future integration into the EU market and regulatory alignment with #EU standards. 7️⃣ Modern Infrastructure: Significant investments have been made in modernizing Serbia's infrastructure, including highways, railways, and digital #infrastructure, facilitating efficient business operations. 8️⃣ Trade Agreements: Serbia has free trade agreements with the EU, Russia, Turkey, China and several other countries, providing access to a market of over a billion consumers. 9️⃣Dynamic #Startup Ecosystem: Serbia has a burgeoning startup scene, particularly in the tech sector, supported by a growing number of incubators, accelerators, and #venture capital funds. 🔟 Quality of Life: Serbia offers a high quality of life with a low cost of living, rich cultural heritage, vibrant social scene, and natural beauty, making it an attractive destination for expatriates and business professionals. Contact us to grow your business and life: https://lnkd.in/d2jEjKzc

How can a foreigner open a company in Serbia (New article on the REAB website) Serbia is a European country with a developed industrial sector, with excellent prospects for starting and successfully running a business. Serbia has achieved significant economic growth in recent years. The reforms carried out made it possible to reduce public debt and attract international capital. The procedure for registering a business in the country is simple and easy. Julia Taraday, REAB Consortium Full text at https://lnkd.in/egpBJZxn #laws #serbia #starting_a_business

🌐 Unlock Global Opportunities with Nazovni: Connecting Ukrainian Exporters to the World! 🚀 We are the Nazovni, an innovative G2B platform with the backing of the Ministry for Foreign Affairs of Ukraine, dedicated to propelling Ukrainian businesses onto the international stage. 🤫 Who We Are: Nazovni is not just a platform; it's a gateway for Ukrainian exporters to enter foreign markets. We collaborate with entrepreneurs across diverse sectors – from culinary artisans and creative agencies to tech innovators – fostering a vibrant community of businesses seeking global expansion. Connect with us to stay updated on exciting opportunities, success stories, and the latest trends in the global market. Whether you're an exporter looking to expand or an importer seeking quality collaborations, Nazovni is your catalyst for growth. Let's build a global community where business transcends borders! 💫 Learn more about our platform here: https://nazovni.online/en #Nazovni #GlobalTrade #UkrainianBusiness #BusinessExpansion #CollaborateGlobally

One of Türkiye's prominent industry chambers recently unveiled a plan for establishing the country's largest technology hub in Ankara to harness the capital's untapped potential and propel it into the realm of the high value-added venture, according to an Anadolu Agency (AA) report. In a written statement, Ankara Chamber of Industry (ASO) President Seyit Ardıç highlighted Ankara's advantageous position compared to many other cities within the country due to its 13 organized industrial zones, 150 R&D centers, 36 design centers, 13 technology development zones, qualified human resources, and entrepreneurship potential. #TürkiyeTrade #GTF2024 #GlobalTradeForum #EUTradeRelations #EuropeEconomy #TradeDiplomacy #TradeAlliance #GlobalCommerce #CrossBorderTrade #EconomicPartnership #TradeTalks #TürkiyeExports #EUTradePolicy #TradeCollaboration #InternationalTrade #TradePartners #EconomicIntegration #EuropeanUnion #TradeOpportunities #GlobalEconomy

- Invest in Bulgaria: A Strategic Opportunity for European Businesses With Bulgaria's recent integration into the Schengen Area, Europe stands to benefit significantly from this development. The capital city, Sofia, is not only one of the most beautiful cities in Europe but also a burgeoning hub for tourism and business. Having visited Sofia twice, I can attest to its vibrant atmosphere, bustling with tourists and rich cultural heritage. For investors and business leaders, now is the perfect time to consider investing in Bulgaria. The current currency, the Bulgarian Lev (BGN), offers a unique financial advantage. Investing euros in Bulgaria can effectively double your investment due to the favorable exchange rates and lower cost of operations. ### Key Advantages of Investing in Bulgaria: 1. **Currency Leverage**: With the Bulgarian Lev still in use, investments made in euros can stretch further, providing significant cost advantages. 2. **Economic Growth**: Bulgaria's economy is growing, with Sofia at the center of this expansion. The city's infrastructure, talent pool, and strategic location make it an ideal spot for business. 3. **Labor Costs**: The cost of labor in Bulgaria is comparatively low, allowing businesses to maximize their operational efficiency and profitability. 4. **Tourism and Market Potential**: Sofia attracts a high volume of tourists, presenting opportunities for businesses in retail, hospitality, and other sectors to thrive. ### Call to Action for Major Companies: I urge leading companies like Tesla, Apple, Sony, and Starbucks to seize this moment and establish a presence in Bulgaria. The benefits include: - **Reduced Operational Costs**: With expenses in Lev, setting up production houses or business operations can significantly lower costs. - **High Profit Margins**: The combination of lower expenses and a strong euro can result in higher profit margins. - **Strategic Market Positioning**: As Bulgaria integrates further into the European economy, early investments will position your company advantageously for future growth. -Conclusion: The capital of Bulgaria, Sofia, is a hotspot for investment now. With the eventual transition to the euro, the financial benefits may level out. Therefore, acting promptly to invest in Bulgaria can yield substantial long-term gains. Take advantage of this unique opportunity to enhance your business's presence and profitability in Europe. #investing #investment #europe #trading #invest #investor #business #stockmarket #bitcoin #stocks #finance #entrepreneur #bulgaria #cryptocurrency #financialfreedom #schengen #crypto #realestate #success #trader #forextrader #motivation #blockchain #forextrading #entrepreneurship #wallstreet #btc #passiveincome #investments #ethereum

Making suggestions to Ho Chi Minh City, Mr. Peter Hong, Chairman of the Association of Vietnamese Entrepreneurs Abroad, proposed that the city consider issuing bonds for key projects implementing Resolution 98. "We will mobilize overseas Vietnamese to buy bonds so that the city has investment capital," said Mr. Peter Hong, suggesting that the city have a program to attract and effectively use remittances. #overseas_vietnamese #hcmc_bonds #investment_projects #vietnam_economy #city_development

Philippines ready to assist Russian companies with localizing production in special zones The trade commissioner added that the Philippines is ready to host and facilitate Russian companies from any sector, including IT and FinTech The Philippines is ready to assist Russian companies in localizing production in free economic zones located in Bataan Province, Russian Trade Commissioner in the Philippines Artyom Tsinamdzgvrishvili told TASS after a meeting between representatives of the Russian Agency for Strategic Initiatives and executives of the Bataan Public-Private Partnership and Investment Center. "Russian export goods and technologies, various Russian technology solutions, including software for government authorities and other institutions in different spheres were discussed, such as healthcare or, for example, booking systems used in the tourist sector, which is one of the powerhouses of the Philippine economy. The Philippines is very interested in localizing [production] in its free economic zones in Bataan, and is ready to host and facilitate Russian companies from any sector, including IT and FinTech," the commissioner said. Bataan Province is located in the Central Luzon region of the Philippines, one of the key industrial centers of the country. #business #finance #financialservices

Year after year, the number of #economic bridges across the Prut River continues to rise. More and more Romanian investors are looking confidently towards the Moldovan #market, while Moldovan #entrepreneurs are crossing the Prut not only to #export their products but also to establish new businesses in #Romania. “Romania is the main #investor in the Republic of Moldova, both in terms of Romanian capital and #trade. Every fourth euro in our foreign trade is with Romania. Romania is one of the priority countries for us to attract investments. It’s just about crossing the Prut and offering #opportunities and #jobs here,” said Minister Dumitru Alaiba. Romania is the Republic of Moldova’s main #economicpartner, accounting for almost 30% of the value of trade. It is the only country with which the Republic of Moldova has a positive trade balance: what we import is roughly equal to what we export. In 2022, the volume of trade between the two Romanian states reached $3.5 billion, including the transistrian region, compared to $2.5 billion in 2021.

I recently had the pleasure of meeting with His Excellency Giles Norman, Canadian Ambassador to Serbia, Northern Macedonia, and Montenegro, at our Ottawa office. We discussed the promising economic prospects emerging in the Balkans, focusing on IT, Artificial Intelligence, Biotech, Healthcare, and Agricultural sectors. During our conversation, I highlighted our recent success in establishing a strong business foothold in Serbia's world-class IT sector, notably our partnership with Quantox Technology and the establishment of Quantox Canada to target the North American market to meet the growing demand for professional IT services and access to worldclass software developers and engineers, at a competitive price. We also explored possibilities for enhanced cooperation with Serbian enterprises that are ready to enter the market, discussing how the Samuel Group of Companies could serve as their strategic partner and advisor for the Canadian market. Our discussions also included our continuing work with the Privredna komora Srbije | Chamber of Commerce and Industry of Serbia to assist in identifying member companies seeking Canadian market opportunities. I am grateful for the ongoing work with Global Affairs Canada | Affaires mondiales Canada and the Trade Commissioner Service | Service des délégués commerciaux and the Government of the Republic of Serbia to strengthen our bilateral relationship through enhanced economic ties, business-to-business, and investment opportunities. I want to extend a special thanks to the professional staffs at the Embassy of Canada to Serbia | Ambassade du Canada en Serbie and the Embassy of the Republic of Serbia in Ottawa for their ongoing support and assistance. #GlobalAffairsCanada #CanadaSerbiaRelations #InvestmentOpportunities #BusinessPartnerships

Ease of doing business in Serbia I've recently been writing an article for a major London-based magazine's yearly edition on Foreign Direct Investment (FDI) regime in Serbia, and it got me thinking. While writing about Serbia, I also took the opportunity to research how other countries handle FDI processes and the differences are striking. One thing that stood out to me is how the questions and criteria for evaluating ease of doing business in other countries simply don't align with Serbia’s reality. Why? Because Serbia doesn’t have the same regulatory barriers for foreign investors as many other countries, especially within the EU. Questions, which are posed based on the EU regime, simply do not apply in Serbia as we 𝐝𝐨 𝐧𝐨𝐭 𝐡𝐚𝐯𝐞 𝐛𝐚𝐫𝐫𝐢𝐞𝐫𝐬 𝐟𝐨𝐫 𝐅𝐃𝐈. In the EU, there are regimes where foreign investments are subject to approval. Investors submit requests to certain governmental bodies, and then these entities evaluate the potential impact on national security, economic conditions, etc. In contrast, Serbia’s approach is much simpler. 1. You go to the Business Registers Agency (APR), 2. Open a company, and 3. Get to work. It's straightforward for foreign investors in many industries. Of course, there are sector-specific regulations for certain activities that require additional permits (banking, finance, energy, etc.), but these apply equally to both domestic and foreign investors. Serbia is very open to FDI, and this ease of entry is one of the reasons why it's increasingly attractive to foreign businesses. p.s. I’ll be sure to send over a copy of the article once it’s published! :) #pekicattorney #lawoffice #advokatskakancelarijapekic #fdi #business #corporatelaw