Bosnia and Herzegovina

Ease of Doing Business in

Bosnia and Herzegovina

This page summarizes Doing Business 2013 data for Bosnia and Herzegovina. The first table lists the overall "Ease of Doing Business" rank (out of 185 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

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Economy Summary
Starting a Business
Dealing with Construction Permits
Getting Electricity
Registering Property
Getting Credit
Protecting Investors
Paying Taxes
Trading Across Borders
Enforcing Contracts
Resolving Insolvency
Region Eastern Europe & Central Asia
Income Category Upper middle income
Population 3,752,228
GNI Per Capita (US$) 4,780
Doing Business 2013 Rank Doing Business 2012 Rank Change in Rank
126 127 down 1

Doing Business 2013 DTF** (% points) Doing Business 2012 DTF** (% points) Improvement in DTF** (% points)
58.6 57.4 down 1.2
Topic Rankings DB 2013 Rank DB 2012 Rank Change in Rank
Starting a Business 162 162 No change
Dealing with Construction Permits 163 159 up -4
Getting Electricity 158 154 up -4
Registering Property 93 100 up 7
Getting Credit 70 67 up -3
Protecting Investors 100 98 up -2
Paying Taxes 128 137 up 9
Trading Across Borders 103 101 up -2
Enforcing Contracts 120 117 up -3
Resolving Insolvency 83 84 up 1

Economy Profile

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Doing Business Resources

Doing Business law library Law Library

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Additional Data

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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 2013 Rank 162 DB 2012 Rank 162 Change in Rank 0
DB 2013 DTF** (% points) 71.4 DB 2012 DTF** (% points) 68.7 Improvement in DTF** (% points) up2.7
YearNew business densityNumber of new limited liability companies
2011 0.711,898
Indicator Bosnia and Herzegovina Eastern 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 6 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 14 12

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 6.8 4.5

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 5.0 13.3
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 Request and obtain municipal approval on intended activities 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 indicators across all economies included in Doing Business since each indicator was 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...

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