Bosnia and Herzegovina

Ease of Doing Business in

Bosnia and Herzegovina

This page shows summary Doing Business 2012 data for Bosnia and Herzegovina. The first table lists the overall "Ease of Doing Business" rank (out of 183 economies) and the rankings by each topic. 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 Eastern Europe & Central Asia
Income Category Upper middle income
Population 3,759,633
GNI Per Capita (US$) 4,790.00
Doing Business 2012 Rank Doing Business 2011 Rank Change in Rank
125 127 down 2
Topic Rankings DB 2012 Rank DB 2011 Rank Change in Rank
Starting a Business 162 161 up -1
Dealing with Construction Permits 163 173 up 10
Getting Electricity 157 157 No change
Registering Property 100 101 up 1
Getting Credit 67 64 up -3
Protecting Investors 97 93 up -4
Paying Taxes 110 108 up -2
Trading Across Borders 108 109 up 1
Enforcing Contracts 125 125 No change
Resolving Insolvency 80 78 up -2

Economy Profile

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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 2012 Rank 162 DB 2011 Rank 161 Change in Rank down-1
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).

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Procedures (number)
12 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.

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Time (days)
40 16 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.

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Cost (% of income per capita)
17.0 8.3 4.7

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.

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Paid-in Min. Capital (% of income per capita)
29.4 10.0 14.1
No. Procedure Time to Complete Associated Costs
1 Stipulate a founding act and have it notarized in the municipality office 7 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 no charge
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 Application for utilization permit to the canton ministry of commerce 1 day BAM 150
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 pension insurance 1 day BAM 1 (application form)
11 Enroll the employees in health insurance with Health Insurance Institute (Zavod za zdravstveno osiguranje) 1 day BAM 1 (application form)
12 Adopt and publish a rule book on matters of salary, work organization, discipline, and other employee regulations. 1 day no charge, KM250 minimum if made by a lawyer, depending of complexity

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