2020 marked the establishment of 39,000 new companies in Serbia
According to the Business Entities Register data, the number of active business entities registered in the Republic of Serbia at the beginning of 2021 totals to 400,646, of which 121,690 companies and 278,956 sole proprietors. Compared to the beginning of 2019, the total number of registered business entities increased in 2020 by 9,879 entities.
Observed by activities, most companies established in 2020 registered the following activities as their core business activity: Non-specialized wholesale trade; Computer programming activities; Construction of residential and non-residential buildings; Business and other management consultancy activities; Freight transport by road; Restaurants and mobile food service activities; Retail sale via mail order houses or via the Internet; Computer consultancy activities; Engineering activities and related technical consultancy; and Renting and operating of own or leased real estate.
Most sole proprietors established in 2020 registered the following activities as their core business activity: Restaurants and mobile food service activities; Business and other management consultancy activities; Hairdressing and other beauty treatment; Freight transport by road; Maintenance and repair of motor vehicles; Beverage serving activities; Other specialized construction activities not elsewhere classified; Computer programming activities; Engineering activities and related technical consultancy; and Floor and wall covering.
Last year, 7,982 companies and 22,052 sole proprietors were struck off from the Business Entities Register. 5,797 companies were struck off ex officio upon completion of the forced liquidation proceedings. Also, 5,868 sole proprietors were struck off ex officio based on the request of the National Bank of Serbia (NBS), due to the fact that their business accounts were blocked for an uninterrupted period of more than two years.