Registering a company in Bosnia and Herzegovina is a step-by-step process that involves selecting a company type, choosing a name, preparing documentation, and registering with the Inter-Entity Registry of Business Entities and Indirect Taxation Authority. By following this guide and utilizing the provided resources, you should be well on your way to successfully establishing your business in Bosnia and Herzegovina. Be sure to adhere to the requirements and guidelines to ensure a smooth registration process and a successful start for your company in this diverse and business-friendly country. By navigating the registration process and adhering to the necessary requirements, your company will be well-positioned for success in Bosnia and Herzegovina's dynamic economy.
Step 1: Choose your company type
The first step in registering a company in Bosnia and Herzegovina is to choose the type of company you want to register. The most common types are:
- Limited Liability Company (Društvo s ograničenom odgovornošću - d.o.o.)
- Joint Stock Company (Akcioničko društvo - a.d.)
- Branch of a foreign company
Step 2: Choose a company name
Before registering your company, you'll need to choose a suitable name. The country's commercial registry, the Inter-Entity Registry of Business Entities (IEBRS), has guidelines for acceptable names, which can be found at this link: https://www.registryagency.ba
Step 3: Prepare the required documents
Next, prepare the necessary documentation for your chosen company type. The key documents are:
- Articles of Association (for d.o.o. and a.d.)
- Application for Company Registration (for all types)
These forms can be downloaded from the IEBRS's website: https://www.registryagency.ba
Step 4: Identify company officers and shareholders
You will need to identify at least one director (for d.o.o. and a.d.) or one representative (for Branch of a foreign company). Directors or representatives must be at least 18 years old. Shareholders can be individuals or corporate entities.
Step 5: Capital requirements
Bosnia and Herzegovina requires a minimum capital of BAM 2,000 for d.o.o. companies, and BAM 50,000 for a.d. companies. There is no minimum capital requirement for branches of foreign companies.
Step 6: Register your company
Once your documents are ready, you can submit your application to the Inter-Entity Registry of Business Entities (IEBRS). This can be done in person at the local registry office or online via the following link: https://www.registryagency.ba
The fees for registering a company are as follows:
- d.o.o.: BAM 200 (approximately)
- a.d.: BAM 1,000 (approximately)
- Branch of a foreign company: BAM 400 (approximately)
Step 7: Register for taxes
After your company is registered, you must register for taxes with the Indirect Taxation Authority (ITA). This can be done in person at the local ITA office or online via the following link: https://www.new.ita.ba
Step 8: Obtain necessary permits and licenses
Depending on your business activities, you may need to obtain additional permits or licenses. Check with the relevant authorities and industry regulators for specific requirements.
The entire registration process, from preparing documents to receiving your Certificate of Incorporation, can take anywhere from 4 to 6 weeks, depending on the complexity of your application.