Almost a third of companies in Serbia did not have any employees last year

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Almost a third of companies in Serbia last year did not have any employees, reports the portal Biznis.rs, referring to the data of the regional credit rating company CompanyWall, and specifies that these are 31,465 companies.
Most of these companies are in the sectors of wholesale and retail trade (9,578), manufacturing (4,820), professional, scientific, innovative and technical activities (3,892) and construction (3,234).
And while, compared to 2019, the number of companies without a single employee in the sectors of trade and processing industry is decreasing, it is significantly growing in construction, where there are 50 more of them compared to the year before. There is a growth of such companies in agriculture, but also in real estate.
More than 99 percent of companies without workers are micro-sized (31,188 of them). Their business income is up to 700,000 euros, and the value of business assets is up to 350,000 euros.
“This type of organization of economic entities is good for those who want to do certain jobs in a shorter period of time, so that they can return to their basic occupations,” says Prof. of the Faculty of Economics in Belgrade for the Biznis.rs portal., Dr. Milojko Arsic.
He adds that, in this number of companies without employees, there are certainly those companies that serve to do some work that can be classified as a “gray zone”.
“It is certain that there are such companies among these over 30,000 companies. But, it is difficult to estimate the approximate number,” said Arsic.
His assumption is that in this way, a number of employers are trying to reduce their costs based on labor taxes.
Although the taxes on work in Serbia are much lower than in most of Europe, it is possible that some employers do not want to hire workers permanently and have obligations towards them even in times when, perhaps, there will not be enough work, Arsic believes, Danas reports.