If you want to expand or improve your business, we offer you a unique solution. A foreign legal entity may obtain resident
status and a tax identification number without forming a new legal entity. A branch of a foreign company is an organizational part of the parent company. What makes the branch a unique solution is the way banks treat it. Registration of a branch in Serbia involves obtaining a tax identification number, which significantly changes the way the banks see it. Banks view the branch as a local, not a foreign company, which makes the account opening process easier.