Steps for establishing a business in BiH

FEDERATION OF BIH

1.STEP

Establishment Contract (by notary)

2.STEP

Payment of initial capital

3.STEP

Registration at the competent court (municipality/district commercial 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 (submit to the competent inspection department)

Duration and costs of establishing a business

According to the Law, the court registration procedure of establishing a business takes 5 days.

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Table – costs per steps

REPUBLIC OF SRPSKA

STEP 1
Verification of the founding act by a notary

STEP 2
Payment  initial capital

STEP 3
Registration request submit at the Intermediary Agency for IT and financial services – APIF  (Agency is responsible for court registration, issuance of the tax and statistic number)

STEP 4
Making a company stamp

STEP 5
Open a bank account in a commercial bank

STEP 6
Registration staff at the Tax Administration

Duration and cost of establishment of the company
The registration process with APIF takes 3 days

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Table – costs per steps

For more information how to establish business in B&H please click here

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