Have you ever wondered how to register a limited liability company in Sarajevo or anywhere in Federation of Bosnia and Herzegovina?
Welcome to Bosnia and Herzegovina
YOUR NEXT BUSINESS DESTINATION
Population: 3.3 million
Capital: Sarajevo
GDP Per Capita: 5,500 EUR
Corporate Tax: 10%
VAT: 17%
Currency: 1 BAM = 0.51 EUR
Launching business operations in Bosnia and Herzegovina affords opportunities that are not present in other countries, including those deemed to be at the top of lists for doing business.
BiH offers an unsaturated market, ideally suited to investment, with expansive growth opportunities.
For those who wish to go beyond investing and/or opening businesses in the country, living here is affordable while still providing you with the amenities you love.
Getting started in BiH may seem like a challenge, but with Restart and our experienced team it’s easy.
Outlined in this guide, we introduce you to the lifestyle in BiH, what business opportunities are worth investing in and incentives for foreign investors, as well as information on how to start a business and obtain the right to work and stay in BiH.
In our Setting Up Business section, we provide you with a detailed overview of the complete legal, administrative and accounting framework to successfully open a business – without the fear of Bosnian-Herzegovinian bureaucratic snags.
Moreover, we offer you a summary of our tax system and opportunities it offers to new businesses. When it comes to the taxes you pay on profits – and the non-existent taxes on dividends – BiH is among the most competitive countries in the world!
Legal Framework
Learn about the Legal Framework in Bosnia and Herzegovina, and find out all the steps to start a company.
In BiH, you can choose between 4 types of business entities (companies).
International Agreements
Bosnia and Herzegovina has a lot of international agreements which ultimately leads to benefits of various degrees.
Incentives
There is a set of benefits ensured for foreign investors in BiH.
Foreign investors are granted the same rights as country residents and this provision is at state level. Potential investors are provided with various incentives.
Free Trade Zones
Customs Tariffs in BiH, in general, ensure that foreign trade is liberal and without limitations.
Once registered for performing business activities, a legal entity/entrepreneur may perform foreign, as well as domestic, operations. There are currently four (4) free trade zones in BiH, strategically positioned around major centers of economic activity
Transportation
Bosnia and Herzegovina has facilities for road, rail, and air transport.
There are five international road routes with bus connections to many countries and 20 state highways.Railways have extendend over 1000 km and link to Croatia and Serbia.
Real Estate
Sarajevo is the most developed market in BiH.Why? Because of businesses, and international companies that are basing their offices in the Capital. New developments and reconstructions are reducing the gap between supply and demand.
Digital Infrastructure
There are 3 million active Internet users (86% of the total population) and 2.65 million active mobile Internet users (76% of the population). The domestic market is adapted for new ICT services.
Historical Sites
For every history lover, BiH is a place where you can enjoy the historical sites of this country from different periods, of which the Ottoman Empire and, later, Austro-Hungarian were the most influential.
Landscape and Natural Resources
Bosnia & Herzegovina has a diverse landscape and natural resources, with forests, fertile plains and 23 km of coastline along the Adriatic Sea. The country is known for its abundance of natural resources. These resources include large tracts of arable land, extensive forests, clean water resources and valuable deposits of minerals such as salt, manganese, silver, lead, copper, iron ore, chromium, zinc and bauxite.
Lifestyle
Devastated by a war in the early ’90s, the capital is rising from the ashes into a tourist and cultural center it once was. Today, it is once again a vibrant, cosmopolitan mixture of the old and the new, with skyscrapers and modern buildings standing alongside ancient Turkish mosques and marketplaces. The Bosnian people are considered to be very friendly, but you should approach them rather than wait to be approached.
Visa Information
Citizens of many countries are allowed to enter the country without a visa, or by using passports or even identity cards with proof of identity. These citizens may enter and stay in BiH for up to 90 days within 180 days without a visa (unless otherwise noted). However, nationals of certain countries must obtain a visa to enter the country for their arrival to BiH.