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Crypto Regulation in Serbia

Serbia enacted a Law on Digital Assets in 2020 establishing a regulatory framework for crypto. The NBS and SEC oversee licensing. Serbia has attracted some crypto activity but the ecosystem is still developing.

Region: EuropeCurrency: RSDAdoption Rank: #38Risk Score: 40/100

Tax Information

Capital Gains (Personal)
15% capital gains tax on crypto disposals
Capital Gains (Corporate)
15% corporate tax on crypto gains
VAT on Crypto
No
Staking Tax
Taxed at 15%
Airdrop Tax
Taxed at 15% upon receipt
Mining Tax
Taxed as business income at 15%
Summary
Serbia taxes crypto gains at 15% for both individuals and corporations. The Law on Digital Assets provides a framework for taxation.

Licensing & Registration

License Required
Yes
Regulator
NBS / SEC (National Bank of Serbia / Securities Commission)
Framework
Law on Digital Assets (2020)
License Types
Digital Asset Service Provider License, Digital Asset Issuer Registration
Estimated Cost (USD)
$15,000 - $80,000
Timeline
3-9 months
Ease of Licensing
Medium
Notes
Serbia's Law on Digital Assets (2020) is one of the more comprehensive frameworks in the Western Balkans. NBS oversees digital asset services while the SEC handles digital asset issuance. Belgrade has a growing tech scene.

AML / KYC

KYC Required
Yes
Travel Rule
No
FATF Member
No
FATF Status
Partially Compliant
Suspicious Activity Reporting
Yes

Mining

Mining Legal
Yes
Status
Legal
Electricity Cost ($/kWh)
$0.07
Renewable Energy
30%
Climate
Temperate
Infrastructure
Good
Tax on Mining Income
15% corporate tax on crypto gains
Notes
Competitive electricity prices. Mining operations are economically viable.

Soken Services

Legal Opinion
Available | $3,000 - $12,000 | 10 days
Banking
Difficulty: Hard | Crypto-friendly banks: none listed
Min. Deposit
$10,000
Fiat Rails
SEPA, SWIFT, SEPA Instant
Card Payments
Visa, Mastercard
Company Registration
$8,000 | 30 days | Limited Liability Company (LLC)
Licensing Support
Available | $25,000 - $100,000

Sources

Frequently Asked Questions

Is crypto legal in Serbia?
Cryptocurrency is currently classified as "Legal" in Serbia. Serbia enacted a Law on Digital Assets in 2020 establishing a regulatory framework for crypto. The NBS and SEC oversee licensing. Serbia has attracted some crypto activity but the ecosystem is still developing.
What is the crypto tax rate in Serbia?
In Serbia, the personal capital gains tax on crypto is 15% capital gains tax on crypto disposals, and the corporate tax rate is 15% corporate tax on crypto gains. Serbia taxes crypto gains at 15% for both individuals and corporations. The Law on Digital Assets provides a framework for taxation.
Do I need a crypto license in Serbia?
Yes, a crypto license is required in Serbia. The regulator is National Bank of Serbia / Securities Commission under Law on Digital Assets (2020). Estimated licensing cost: $15,000 - $80,000.
Is crypto mining legal in Serbia?
Yes, crypto mining is legal in Serbia. Electricity costs approximately $0.07/kWh. Mining income is taxed at: 15% corporate tax on crypto gains. Competitive electricity prices. Mining operations are economically viable.
What are the AML/KYC requirements for crypto in Serbia?
Yes, crypto businesses in Serbia must comply with KYC (Know Your Customer) requirements. FATF compliance status: partially_compliant.