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The positive trend in the field of starting a business in Serbia has been maintained

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There are currently 405,963 active business entities registered in Serbia, about 15,000 more than at the end of 2019, the Business Registers Agency (APR) announced.
The number of active economic entities has increased by about 73,500 in the last ten years.
Due to the health crisis caused by the coronavirus, since January, compared to the same period last year, a smaller number of people who started a business were registered, but also those who were deleted from the Register of Business Entities.
“Despite the unfavorable business conditions, this year, in eight months, the positive trend in the field of starting a business was maintained because it was open for 8,212 business entities more than it was closed. At the same time, 24,872 business entities were established … More precisely, In eight months, 6,092 companies were founded, 1.5 percent less than in the same period last year, and 18,780 entrepreneurs, 34.3 percent less than last year,” the APR states.
The fewest business entities, 864 of them, were established in April, while restrictive measures of movement and assembly were in force, and the most (5,365 entities) were registered in June.
Observed by activities, most newly established companies are registered for computer programming (700 of them) and non-specialized wholesale trade (exactly 590).
Most new entrepreneurs were registered for the activity of restaurants and mobile catering facilities (1,197), hairdressing and beauty salons (862), for consulting activities related to business and other management (796), road freight transport (757).
Since the beginning of the year, 16,660 business entities have been deleted from the Register of Business Entities in eight months, while in the same period last year, 40,516 entities have been deleted.
The largest number of entrepreneurs, who had difficult conditions for performing activities this year, decided to report a temporary cessation of activities rather than closure, because they thus gained the right to state assistance, and reduced the costs of business and dismissal of workers.
In the period from the beginning of January to the end of August, temporary cessation of activities was reported in 29,438 cases, while in 12,373 cases the continuation of activities was reported.
Most business entities were deleted in January, and the least in April.
Most companies, which entered from the register, were registered for non-specialized wholesale trade (279) and consulting activities related to business and other management (141).
Among the deleted entrepreneurs, most were registered for computer programming (1,185), restaurants and mobile catering establishments (830), for consulting activities related to business and other management (629), taxi transport (624), for preparation and serving services beverages (568), for retail sale in non-specialized stores with food, beverages or tobacco predominating (521), Nova Ekonomija reports.

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