Establish a company

How to establish a company

1.STEP
Establishment Contract*

2.STEP
Payment of initial capital

3.STEP
Registration at the competent court (municipality court)

4.STEP
Making a company stamp

5.STEP
Opening a bank account in a commercial bank

6.STEP
Registration of the company and staff at the Tax Administration

7.STEP
The statement of the company founder about fulfilemnt of all requirements for starting activity

8.STEP
START BUSINESS


Duration and costs of establishing a business

The court registration procedure of establishing a business takes 5 days according to the law (due to technical difficulties the complete procedure in practice may take up to 30-45 days).

The costs are as follows:
Administrative costs: cca. 500 EUR
Lawyer and notary costs: cca. 500 – 1,000 EUR 



* Establishment Contract has to be made by notary.

Taken over from official website of B&H Foreign Investment Promotion Agency:
http://www.fipa.gov.ba/local_v2/default.asp#