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Social insurance and non-wage labor cost

Social insurance and non-wage labor cost

Last reviewed 21 Aug 2023

Social insurance

Mandatory social security contributions are: health insurance, pension and disability insurance and unemployment insurance

Contribution rates and maximum contributions

Five times average monthly salary in Serbia paid in previous 12 months as per official statistics, adjusted annually.

Self-employed persons

Health insurance

10.3%

Pension insurance

24.00%

Obligatory pension fund

The Pension Fund of the Republic of Serbia.

Accident insurance

None

Maximum contribution

Contributions limited to a maximum of approx. EUR 5,611 on the monthly basis (EUR 67,330 on the annual level) applicable until 31.12.2025

Employed persons

Health and accident insurance

Employer: 5.15 %
Employee: 5.15 %

Pension insurance

Employer: 10 %
Employee: 14 %

Maximum contribution

Contributions limited to a maximum of approx. EUR 5,611on the monthly basis (EUR 67,330 on the annual level) applicable until 31.12.2025

Others

Unemployment insurance paid by employee: 0.75 %

Severance fund

N/A

Non-wage labor cost

Besides the employer contribution to social insurance, there are no other non-wage labour costs

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