There are seven free zones which are currently operating in Serbia: Pirot, Subotica, Zrenjanin, Kragujevac, Sabac, Novi Sad, and Uzice. Two more free zones are currently being prepared: Nis and Smederevo.

When doing business in free zones, investors are granted special benefits:

Fiscal benefits – exemptions from tax burdens for foreign direct investments, VAT, and speciffic local taxes

Free customs duties on import of goods, equipment and raw material used in exporting production and construction material for the building of infrastructure

Financial benefits – free cash flow

Efficient administration

Simple and fast customs procedures

Local subsidies for using free zone infrastructure

Offering a set of services to users under preferential terms – transportation, freight forwarding services, insurance and banking services