Company formation in Bosnia and Herzegovina

Name of service Bronze Silver Gold Platinum
Check and reserve of the company name Obtaining approval from the registrar for the company name
Company registration, including state fees Preparation of a full package of documents, depending on the chosen form of ownership, cooperation with the relevant authorities prior to obtaining information on company registration
Legal address for 1 year Provision of legal address for your company in a given jurisdiction, eliminating the need to purchase or rent real estate
Assistance in opening an account Collection, preparation and submission of the necessary documents for opening a corporate account
Assistance in obtaining a work permit for the director of the company If the CEO is a foreigner, he must obtain a work and residence permit and register with the Disability Pension Insurance Fund
Total cost
2100 EUR 4300 EUR 5200 EUR 6000 EUR
Accounting services
160 EUR 160 EUR 160 EUR 160 EUR
Annual renewal (paid from the second year)
900 EUR 3100 EUR 3100 EUR 3100 EUR

Special offer

If you will register a company until July 31,
opening a bank account is for FREE

Send a request
6 easy steps to get started
  • 1

    Select your
    preferred jurisdiction

  • 2

    Choose a bank
    that meets your
    company's needs

  • 3

    Pay for our services
    using a convenient
    payment method

  • 4

    Receive all necessary
    corporate documents

  • 5

    Receive details
    for your newly opened
    bank account

  • 6

    We'll deliver the original
    documents directly
    to you

Bosnia and Herzegovina is a candidate country for EU membership. The state in the Balkans has a growing economy that allows new businesses to compete successfully with existing ones and generate income. The active growth of companies such as tourism, health care, construction, and technology makes registering a company in Bosnia and Herzegovina attractive to a wide range of foreign investors. The business environment may differ from region to region. Entrepreneurs who intend to register a company in Sarajevo or any other city of Bosnia and Herzegovina choose this country because of the stability and progressiveness of the financial system.

Advantages of registering a company in Bosnia and Herzegovina

  • the convenient geographical location in the central part of Europe;
  • low tax burden and additional preferences;
  • possibility to establish a company in Bosnia and Herzegovina with one director and shareholder of any nationality;
  • availability of free economic zones;
  • low capital requirements of at least 2,000 BAM (about $1,100).

Main forms of legal presence and doing business in Bosnia and Herzegovina

  • joint stock company - Dioničko društvo, (D.D);
  • Limited Liability Company - Društvo s ograničenom odgovornošću (D.O.O.);
  • general partnership - Društvo s neograničenom solidarnom odgovornošću (D.N.O.);
  • Limited Partnership - Komanditno društvo (K.D./LP).

The most attractive options for foreigners who want to open a company in Bosnia and Herzegovina are the legal forms D.D. and D.O.O.

Registration procedure in Bosnia and Herzegovina

  • choose a company name and check its uniqueness;
  • prepare the Memorandum and Articles of Association in one of the national languages with certified signatures of the founders (a lawyer or notary must be involved);
  • register the company in Bosnia and Herzegovina in the registry of business entities at the competent municipal court;
  • sign a contract with a certified accountant and rent office space;
  • obtain an identification number from the tax administration
  • notify the city municipality of the commencement of operations;
  • to open a bank account;
  • obtain licenses (necessary for certain types of business activities).

Legislation and regulatory environment

The legal framework of Bosnia and Herzegovina is complex and multi-layered. Some legislative acts contradict each other. The reason is that the state consists of two entities: the Federation of Bosnia and Herzegovina and Republika Srpska, divided into ten cantons, each with different governments and regulations. Therefore, buying a business in Bosnia and Herzegovina and avoiding problems with the law is necessary to enlist the support of experienced lawyers.

Tax system

Introductory rates applicable in the country:

  • corporate tax -10%;
  • VAT - 17%;
  • personal income taxPIT -10%; PERSONAL INCOME TAX -10%;
  • capital gains tax - 10%;
  • income tax for individuals - 0-10%.

In addition to low overall rates, buying a company in Bosnia and Herzegovina is also advantageous due to the availability of benefits. For example, corporate income tax will not be withheld from companies that have invested at least 4 million BAM in the first year with a total planned investment of 20 million BAM over five years. Suppose you want to start a company in Bosnia and Herzegovina but need to meet such financial capabilities. In that case, the 30% tax liability relief will be available when reinvesting 50% of annual profits in purchasing production equipment.

Opening a Business in Bosnia and Herzegovina: how Prifinance lawyers can assist

The abundance of bureaucratic procedures is the main problem for foreigners wishing to buy a company in Bosnia and Herzegovina. Misinterpretation of local laws is fraught with financial and legal consequences. Prifinance offers the assistance of qualified lawyers. Furthermore, we provide consulting services and guide our clients through starting a business. In addition, Prifinance has high-quality accounting services for business abroad, as well as protection of your rights and interests.

Cooperation

Our clients

PRIFINANCE COMPANY
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K N
11:40 01 Mar 24
As a software development crew at FewMoreTaps OÜ, we've had the pleasure of working with Prifinance on some key financial moves.First of all, navigating the world of corporate banking and finance can be a maze, but Prifinance made it feel like a walk in the park. They helped us set up a corporate bank account without the hassle of jumping on a plane or drowning in paperwork. Everything was done remotely, smoothly and securely.But that's not all. We had a slightly time-sensitive situation when it came to changing the beneficiary details on our account. Prifinance stepped up to the plate and handled everything quickly and professionally.It's not just about getting the job done. It's about how Prifinance does it. They're all about making complex financial matters simple and accessible for companies like ours. Plus, their team, especially Liubov Malinowski, has been nothing short of fantastic to work with - professional, timely and always on the ball.In short, FewMoreTaps OÜ wholeheartedly endorses Prifinance OÜ. Whether it's opening bank accounts remotely or navigating the financial legalities of running an international business, these guys have got your back. A big thank you to the entire Prifinance team for their first class support and expertise.Here's to more collaborations in the future!Best,Kiryl Nest
Mina Kedis
18:10 23 Feb 24
I had their assistance in company registration and I would recommend them. They were answering all my clarification during the process and offering all their supportThank you Daniel and Irinia
Róbert Knapec
15:08 22 Feb 24
Юрий Валерьевич
07:50 21 Feb 24
We found PRIFINANCE COMPANYvia the Internet and asked for help in organizing the opening of their company in Estonia. PRIFINANCE COMPANY specialists helped us a lot with this. Their professional, competent approach and knowledge of their business left us with only the best impressions.
Anna Anna
13:33 07 Feb 24
I'm thrilled with my experience with PriFinance! They helped me obtain a crypto license in Estonia without any hassle. The team was super understanding and always available to answer my questions and assist. It was great to see how they put effort into preparing the documents to ensure everything went smoothly. I'm delighted with the outcome and highly recommend PriFinance to anyone looking to get a license stress-free!
Анастасия Одокиенко
11:09 26 Jan 24
Opening an account with Prifinance in a Swiss bank was such an easy and quick process that I was shocked. It all started with the first call, where I received detailed guidance on the required documents and the entire procedure.One of the key highlights was their attention to detail. As someone who usually gets tangled up in paperwork, I was pleasantly surprised when they sent me all the documents and instructions clearly and neatly. No misunderstandings!Honestly, I expected opening a Swiss bank account to be complex and time-consuming, but thanks to Prifinance, I felt like a professional financial expert. Thank you for making this process so easy and enjoyable!
Maria Jose Santome
20:39 13 Dec 23
I recently had the pleasure of working with Boris.. and I must say, it was a fantastic experience. Boris went above and beyond to assist me with my residency needs. His professionalism, knowledge, and dedication truly stood out. I highly recommend working with Boris and the team!
Valon Statovci
12:43 27 Nov 23
I used Prifinance to help me with a new corporate structure. The team were helpful and communicated well from the initial onboarding with Daniel to case handling by Karmen. They also responded to additional requests post incorporation very quickly, Thank you and would work with them again
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