Question

In: Operations Management

Why might Belgrade Serbia be a good place to conduct an international business in? Also, give...

Why might Belgrade Serbia be a good place to conduct an international business in? Also, give a few reasons to why you choose Serbia.

Minimum 500 words

Solutions

Expert Solution

Belgrade Serbia is a very good place to conduct an international business. Belgrade is extremely dynamic and it is one of South East Europe's most international city. The law in Serbia is oriented to foreigner's investments with a well educated, intelligent and industrious workforce. It is the top investment destination country in the world . It is known as" city of future ". Here the business environment is stable and also it offers transparent market conditions which creates a good starting point for our business in long run. Business culture is very result oriented. It is an amazing place to start a company as it is very affordable city. Affordable cost for a rather high standard of living , plenty of cultural offerings and an international environment gives exciting atmosphere of new beginnings. They also have dedicated team to take care of the settling of new staff and even after they have settled in, and enable them to really set up roots in Belgrade. If someone is try to open an IT company, then Belgrade , Serbia is a best option.

Reasons:-

  • It is a international city with a world wide reputation.
  • Extremely reasonable and affordable.
  • Have lower corporate tax -15%
  • Have great pool if talent.
  • Broadband internet is very cheap.
  • Everything you need is readily available.
  • Availability of high quality labour .
  • Competitive operating cost.
  • Political and economic stability.
  • Optimal geographic location.
  • Very rich culture.
  • Everyone is open and keen to pursue their ideas.
  • Office rent is very low.

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