Tax policy in the Republic of Srpska is among the most stimulating in the region.
Year of 2024 | RS | FBiH | Serbia | Croatia | Montenegro | North Macedonia |
Personal income tax rate | 8% | 10% | 10% | 20% on revenues up to € 47.780,28 per year, 30% on revenues above € 47.780,28 per year | 9% on gross earnings from €700 to €1.000 per month, 15% on gross earnings over €1000 per month | 10% |
Non-taxable part of income (EUR) | 511,00 | 153,00 | 213,00 | 560,00 | Gross earnings up to €700 are not taxed | 154,00 |
Dividend tax rate | – | – | 20% | 10% | 15% | 10% |
Corporate income tax rate | 10% | 10% | 15% | 10 % for revenues up to 1 mil EUR, 18% for revenues equal or higher than 1 mil. EUR | The applicable tax rate depends on the realised profit of taxpayers, and the tax rate varies from 9% to 15%. | 10% |
Cumulative contribution rate to gross salary | 31% | 41,5% | 35,05% | 36,5% | 21,5% | 28% |
VAT | 17% | 17% | 20%, 10% | 25%, 13%, 5%, 0% | 21%, 7%, 0% | 18%, 10%, 5% |