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Serbia Facts
Serbia has constant growth in the previous years
Facts Sheet
Turkey Facts
With its huge potential, Turkey is still an important market.
Facts Sheet
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Our Expertise

Establishing your business abroad


Cost effective


Wide network
Specific requests

Reporting & Guidance

Strong partners
Short term


Qualified workforce
Cost effective
Professional support




Tiya temsilcileri, BEKİ Projesinin ikinci etabı için Türk-Sırp İş Adamları Dernek'i temsilcileri ile görüştü ...

Wholeheartedly for the children of Serbia event

Wholeheartedly for the children of Serbia event

The event „Network of Organizations for the Children of Serbia (MODS) Friend Club – Wholeheartedly for the children of...



Ceremonial opening of SANTE PLUS HOSPITAL GROUP in Novi Pazar. It was our honour to host the mayor of Novi Pazar deputy mayor mr.Nihad Biševac, ...



Halkbank a.d. Beograd tarafından hediye edilen manolyayı Belgrad Yunus Emre Enstitüsü bahçesine Halkbank temsilcisi Fatih Karaca ve YEE Belgrad Müdürü Doç...

Halkbank buys Serbia’s lender for 10 mln euros

Halkbank buys Serbia’s lender for 10 mln euros

Turkey’s state-run Halkbank says it acquired a 76.76 stake in Serbia’s Cacanska Banka for 10.1 million euros ...

About Karaca

Karaca Incubating is a business development company run by Mr. Fatih Karaca and his wife Mrs. Danica Karaca.

Fatih Karaca has his Bachelor’s Degree in Textile Engineering and later obtained Master’s Degree in Business Administration. After a brief private sector experience, he studied at the biggest bank of Türkiye, Ziraat Bankası Banking School for a year. Following graduation, he began his banking career in Ziraat Bankası Alsancak Branch, as Specialist. Mr. Karaca worked in different departments and positions in Ziraat Bankası; such as Specialist – Agricultural Marketing in Head Office, Assistant Manager – Commercial and Agricultural Loans in branch and Assistant Manager – Retail Marketing and Cash Management in Regional Office. In 2010, after 10 years of banking in Türkiye, he was appointed as Head of Marketing and Loans in Ziraat Bank a.d. in Skopje, North Macedonia, one of many international subsidiaries of Ziraat Bank.

In 2012, management of Ziraat Bank and Halk Bank in Türkiye have decided to merge Ziraat Bank in Skopje under Halk Bank in Skopje. Mr. Karaca has been deeply involved in the smooth merger and afterwards accepted the offer to be representative of Halk Bank in Belgrade, Serbia.

Mr. Karaca has moved to Belgrade in 2012, established and operated the Representative Office of Halk Bank in Serbia which eventually led successful acquisition of Čačanska Banka in Serbia by Türkiye Halk Bankası A.Ş. in 2015. This marked the end of mission for the representative office, and Mr. Karaca continued his banking career in Serbia as Director of Marketing in Halkbank a.d. Beograd until the end of 2021 and later established Karaca Incubating. 

During his long years of banking career abroad, Mr. Karaca has aided and guided many foreign companies in their establishments in Balkan region and in Türkiye. Realizing the need and increasing number of requests in these markets, Mr. Karaca has left banking sector and established Karaca Incubating.

Mr. Karaca is also President of Turkish Serbian Business Association in Serbia.

Mrs. Danica Karaca is a certified real estate agent, also employed at Residence Hills company, which exclusively deals with high-end projects and turn-key interior design projects.

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About Incubating

Karaca Incubating is a business development company run by Mr. Fatih Karaca and his wife Mrs. Danica Karaca.

businessman writing summary

A business incubator is defined as:

“An organization designed to accelerate the growth and success of entrepreneurial companies through an array of business support resources and services that could include physical space, capital, coaching, common services, and networking connections.”

When a company, small or big decides to invest or do business abroad, they need local support such as market information, connections, location, pricing etc.

An incubator is designed to help businesses grow and succeed by providing workspace, mentorship, expertise, access to investors, and in some cases, working capital in the form of a loan. This will lead the foreign investor decision making faster, lower cost and more secure.

Incubating companies mostly provide four topics:

  • Planning Business
  • Launching Business
  • Managing Business
  • Growing Business

Our office provides above topics with below services:

  • Help with business basics
  • Networking activities
  • Marketing assistance
  • Market research
  • Help with accounting/financial management
  • Access to bank loans, loan funds and guarantee programs
  • Links to strategic partners
  • Help with regulatory compliance

Karaca Incubating has cooperation with well-known local companies and provide these services in cooperation with these strong local organizations. Our cooperation includes law offices, accounting offices, real estate agencies, banks etc.

In our company, above services are summarized under four main categories; Representing, Guiding, Researching and Reporting.


We are located in Belgrade and our services include Serbia, Türkiye, N. Macedonia and Montenegro region.
We can also assist in Azerbaijan, Hungary, Dubai and England through our partners.

1. Representation

This service includes representing your company in another country, without the need of renting an office, hiring a representative and starting from scratch. Instead, with our service, we can act as your representative in the country, join meetings according to your instructions, put your banner in our offices as your local contact point. We become your eyes and ears in the country.

In order to operate in a country, you might need at least but not limited to:

  • Establishing a company
  • Office
  • Employee(s)
  • Local transportation (buying/renting car)
  • Accounting, lawyer services

Our company has its own resources and agreements, which allows you to have all services included in a package. We can be your representative, provide all agreed information for your company, and if you agree to establish your own company at the end, we provide you a turn-key service to fly on your own.

2. Research

Sometimes you try to reach a specific networking contact, a specific investment location, a specific information about a company, but you don’t know whom to call.

Having worked in the Balkan region financial sector since 2010, plus 10 more years back in Turkish finance sector, we have ability to reach all business-related contacts. We can provide you support on a specific subject you need.

Please do not hesitate to contact us.

3. Reporting & guidance

If you have already started your business in the country but in need of networking and guidance, we are here to be your beacon. Just tell us where you are and where you want to be, and we will light your way.

4. HR

We also provide HR services with professional support.

Either employees to be registered in your company, or registered in Türkiye, we can provide most effective and easy-going way for your operations. 

Regardless of the sector you operate, thanks to the agreements among the countries we operate, we can provide workforce. For details, please contact us. 

Reports & Information

Here you can find our reports and informative documents.

Serbia Facts

Official name:
Republic of Serbia

Belgrade (1,7 million)

77.589 km²

6 945 235

Official language:

Serbian dinar (RSD)
1 EUR = 117,21 RSD (September 2023)

Basic industries
Automotive industry, agriculture, mining, furniture, textiles, defense industry

GDP (2022)
EUR 60,4 billion

GDP per capita (2022)
USD 10.361

Unemployment (June 2023)

Statistical Office of the Republic of Serbia – (www.stat.gov.rs)
National Bank of Serbia – (www.nbs.rs)

Serbia Facts

Important Links

Türkiye Facts

Türkiye Facts

Official name:
Republic of Türkiye


783.562 km²

82 million

Official language:

Turkish Lira (TL) 

1 EUR = 28,9 TL (September 2023)

Basic industries:
Automotive industry, textile, agriculture, energy, mining, military defense industry, construction, tourism

GDP (2022)
USD 905,8 billion

GDP per capita (2022)
USD 10.655

Unemployment (July 2023)

Important Links



Vaska Pope 16B, Belgrade, Serbia

Contact us

Mail: info@karaca.rs

Vaska Pope 16b, Beograd


Copyright © 2023 Karaca Incubating