Accounting for IT Companies in Serbia: What Is Specific and How We Work

IT companies have books that look simple on paper but carry the most specifics in practice: foreign currency inflows, clients in three time zones, international contracts, contractor engagements and the eternal question of whether someone is an employee, an entrepreneur or an external associate. Here is what well-set-up accounting means for an IT business.

What makes IT accounting specific

• Foreign currency inflows. Getting paid from abroad brings foreign exchange obligations and proper booking of exchange differences.
• The independence test. If you engage flat-tax entrepreneurs, their status is assessed against nine criteria that determine tax risk.
• Choosing the right form for founders and associates. Flat tax, personal salary or a limited company: the wrong choice costs money every month.
• Team growth. From the first employee onward, payroll, bonuses and benefits become a monthly operation that has to be precise.

What we cover for IT companies

• complete bookkeeping and accounting with a digital document flow: invoices and statements are exchanged electronically, no paper, no office visits;
• payroll for employees and engaged contractors;
• tax consulting: engagement structure, profit distribution, tax treatment of international contracts;
• support for founder-investors: filings for foreign broker income and capital gains.

Why IT companies choose us

We have worked with IT clients for years and speak both languages: accounting and yours. Communication runs over email and messages, documents are exchanged digitally, and you get a clear monthly report and an answer when you ask. Support is available in Serbian, English and Russian, so your foreign founders or investors can talk to us directly.

Let us look at your setup

Whether you are an agency, a product company or a freelancer team growing into a company, book a 20-minute conversation: we will go through your structure and propose a setup that grows with you. You can also send us a message with a short description of your situation.