The Withholding Tax Rate in Serbia stands at 20 percent. Withholding Tax Rate in Serbia averaged 20.00 percent from 2022 until 2025, reaching an all time high of 20.00 percent in 2023 and a record low of 20.00 percent in 2023. source: Ministry of Finance, Republic of Serbia

Related	Last	Previous	Unit	Reference
Corporate Tax Rate	15.00	15.00	percent	Dec 2026
Personal Income Tax Rate	10.00	10.00	percent	Dec 2025
Sales Tax Rate	20.00	20.00	percent	Dec 2026
Social Security Rate	35.05	35.05	percent	Dec 2025
Social Security Rate For Companies	15.15	15.15	percent	Dec 2025
Social Security Rate For Employees	19.90	19.90	percent	Dec 2025
Withholding Tax Rate	20.00	20.00	percent	Dec 2025

Serbia Withholding Tax Rate

In Serbia, the withholding tax rate is a tax collected from companies. It applies to businesses when they make payments to other business entities or individuals, e.g., in the form of dividends, interest, and royalties. The benchmark we use refers to the standard withholding tax rate on interest for non-residents. Revenues from the withholding tax rate are an important source of income for the government of Serbia.