Taxes in Bosnia and Herzegovina
Bosnia and Herzegovina is an independent industrial state with a population of 3 people. The capital of the state is Sarajevo. The country is located in southeastern Europe, occupying the Balkan Peninsula in the west.
The economic sector is based on mining, ferrous and non-ferrous metallurgy, agriculture, textile and chemical industries, as well as tourism and services.
Despite the fact that Bosnia and Herzegovina is a developing country with an underdeveloped economy, this jurisdiction is being chosen by an increasing number of businessmen and commercial organizations wishing to make a profit from activities carried out on the territory of the state.
The main advantages of Bosnia and Herzegovina for business are:
- competitive economic environment;
- stability of the social and economic sectors;
- loyal tax system;
- fast and simple business registration process;
- high government interest in attracting foreign investment;
- the operation of various programs aimed at business development.
If you have made a decision open a business in Bosnia and Herzegovina, then the E-COMMERCE BROKER Company is ready to offer its assistance in organizing this process.
Our 9 years of experience working with European jurisdictions allows us not only to provide advisory support to businesses, but also to develop practical, effective programs for the development of commercial enterprises. If you intend register a company in Bosnia and Herzegovina, then pay attention to the following directions:
- work with real estate;
- services;
- light industry;
- IT technologies.
Taxes in Bosnia and Herzegovina
Tax system of Bosnia and Herzegovina features low tax rates and simplified regimes. The main forms of business for the state are:
- limited liability companies (DOO);
- joint stock enterprises (DD).
On the territory of the state, several mandatory taxes apply to commercial organizations:
- Corporate tax at a rate of 10%. Resident companies registered in the territory of Bosnia and Herzegovina, conducting their commercial activities here and receiving profits from this, pay tax on worldwide income. The taxable base for non-residents is profit received from work in the territory of the state.
- VAT with a base rate of 17%.
Professional assistance from the E-COMMERCE BROKER Company to business
If you have not yet fully understood taxation in Bosnia and Herzegovina, but still want to open your own business in this jurisdiction, our company will help you cope with all the organizational, financial and legal details. The range of services from our specialists includes:
- Company registration;
- opening IBAN accounts in one of the country's banks;
- preparation of financial statements;
- advisory support at all stages of company creation and development.
In their work, E-COMMERCE BROKER experts adhere to openness and focus on high results. We comply with all applicable laws and regulations in the jurisdiction, not only regarding the tax system, but also other legal aspects.
Bosnia and Herzegovina is a promising state for the development of various commercial areas. Both large corporations and new businessmen can work here equally effectively. We will do everything to ensure that your commercial area prospers and generates income.
