Official Name: Bosna i Hercegovina
Languages: Bosnian, Croatian and Serbian
Currency: Convertible mark (BAM)
- Consultation (in person, online, phone)
- Helping to prepare your documents
- Start to finish your company registration process
- Immigration services
Bosnia is a country in southeastern Europe (the Balkan Peninsula) and borders Croatia, Serbia, and Montenegro. The capital of Bosnia is Sarajevo. And ethnic Muslims, Croats and Serbs live in Bosnia. The country is divided into two geographical parts. In northern Bosnia and in the south of Herzegovina. It has a temperate climate and pleasant climate and green areas. And is connected to open waters by the Mediterranean Sea.
The population of this country is close to 4 million people. Bosnia has 13 provinces. The two most important religions in Bosnia are Sunni Islam (more than 50%) and Orthodox and Catholic Christianity (50% in total).
The language of the Bosnian people is Bosnian, Croatian and Serbian. Of course, the roots of all these languages go back to Slavic. Sarajevo was one of the first countries to be equipped with a tram system in the 19th century. The currency in Bosnia is the convertible mark. And finning is the smallest currency in that country.
The benefits of company registration
- Perform a quick company registration process
- No language degree required
- Minimum required degree (bachelor)
- The need for minimum capital is not clear and you can start your business with the amount of capital you have.
- Register a company without the need for a local partner
- Residence of all family members
Four types of companies in Bosnia and Herzegovina:
- Limited Liability Company (d.n.o./o.d)
- Co., Ltd (d.o.o)
- Limited Partnership Company (K.d)
- Joint Stock Company (d.d./a.d)
Establishing a company and conducting economic activity for companies and economic actors in Bosnia and Herzegovina has defined terms and conditions.
In addition to the above, business is also planned through the establishment of representative offices for foreign nationals in Bosnia and Herzegovina. Accordingly, the start-up conditions of each company, the steps of establishing representative offices in Bosnia and Herzegovina can be mentioned as follows:
Limited Liability Company (d.n.o./o.d)
Establishment of a company or establishment agreement with two or more domestic or foreign partners
Founders can use all their assets, including property and personal assets.
There is no requirement to determine the minimum or maximum share.
Co., Ltd (d.o.o)
The company is established by a contract between two or more domestic and foreign institutions or legal entities with a divided initial capital.
A member of a limited liability company is responsible for his or her investment in that company.
The minimum initial capital will be one thousand Bosnian marks and a weed (approximately 500 euros).
Limited Partnership Company (K.d)
The company is established by contract with two or more domestic, foreign, or legal partners.
There must be at least one full liability partner (including privately owned) and at least one limited liability partner.
It is not necessary to determine the minimum or maximum initial capital.
Joint Stock Company (d.d./a.d)
Establishment of a company with the contract of one or more legal entities. Or legal shareholders with the initial capital divided.
Opening a corporation A legal entity (banks, insurance companies, or companies with an initial capital of at least four million marks (about two million euros) and at least 40 shareholders whose shares may be publicly listed.
A corporation is a legal entity whose shares are distributed among a limited number of shareholders.
The minimum initial capital for the establishment of a joint-stock company is 50,000 marks (about 25,000 euros).
Company registration process
- Contract (by notary)
- Initial contribution payment
- Registration in a competent court (municipality, district court)
- Making a seal for the company
- Opening an account in a commercial bank
- Registration of companies and employees in the tax office
- Submitting the company’s articles of association regarding the implementation of the issues required for starting the activity (sending to the competent inspection office)