Bosnia and Herzegovina

Ease of Doing Business in

Bosnia and Herzegovina

This page summarizes Doing Business 2014 data for Bosnia and Herzegovina. The first table lists the overall "Ease of Doing Business" rank (out of 189 economies) and the rankings by each topic. It also lists the economy's distance to frontier (DTF)** measure. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region Europe & Central Asia
Income Category Upper middle income
Population 3,833,916
GNI Per Capita (US$) 4,650
City covered Sarajevo
Doing Business 2014 Rank Doing Business 2013 Rank*** Change in Rank
131 130 down -1

Doing Business 2014 DTF** (% points) Doing Business 2013 DTF** (% points) Change in DTF** (% points)
57.81 57.51 down 0.30
Positive=Doing Business reform making it easier to do business. Negative=Doing Business reform making it more difficult to do business.
 

Starting a Business

Info

The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.

DB 2014 Rank 174 DB 2013 Rank*** 164 Change in Rank down-10
DB 2014 DTF** (% points) 70.95 DB 2013 DTF** (% points) 70.95 Change in DTF** (% points) 0.00

Information on new business density and number of newly created firms with limited liability can be found at Entrepreneurship Database.

Indicator Bosnia and Herzegovina Europe & Central Asia OECD

The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).

View methodology
Procedures (number)
11 5 5

The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.

View methodology
Time (days)
37.0 12.8 11.1

Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.

View methodology
Cost (% of income per capita)
14.9 6.7 3.6

The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.

View methodology
Paid-in Min. Capital (% of income per capita)
29.1 3.5 10.4
No. Procedure Time to Complete Associated Costs
1 Stipulate a founding act and have it notarized by a notary 5 days BAM 400
2 Obtain a statement from commercial bank that full amount of the capital has been paid in; pay the registration fee to the budget account of the cantonal court 1 day no charge
3 Obtain the statement of tax authorities that the founders have no tax debts 1 day BAM 15
4 Court registration with Municipal Courts 10 days BAM 405 (registration fee) + BAM 150 (publishing fee)
5 Buy a company stamp 1 day BAM 40
6 Obtain the Certificate of the business premises 10 days BAM 10
7 Notify the commencement of the business activities to the Cantonal Inspection Authority 1 day no charge
8 Apply for company identification number with the competent tax office 5 days no charge
9 Open a company account with commercial bank 1 day no charge
10 Enroll the employees in health insurance with Health Insurance Institute and in the pension insurance 1 day BAM 1
11 Adopt and publish a rule book on matters of salary, work organization, discipline, and other employee regulations. 1 day no charge

** The distance to frontier (DTF) measure shows the distance of each economy to the "frontier," which represents the highest performance observed on each of the topics including Getting Electricity across all economies included in Doing Business. An economy’s distance to frontier is indicated on a scale from 0 to 100, where 0 represents the lowest performance and 100 the frontier. Read more...

***Last year's rankings are adjusted: they are based on 10 topics and reflect data corrections.

Explore Economy Data


- OR -

OTHER OPTIONS

Close