Ease of Doing Business in
Banja Luka, Bosnia and Herzegovina - South East Europe
This page summarizes Doing Business data for Banja Luka, Bosnia and Herzegovina. The first table shows its rank among 22 cities/regions in South East Europe. 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 |
|
| Income Category |
|
| Population |
|
| GNI Per Capita (US$) |
|
|
Ease of Doing Business Rank among 22 cities in South East Europe
|
Top city in South East Europe |
| n.a. |
n.a. |
Subnational Data
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.
| Indicator |
Banja Luka, 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)
|
10 |
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)
|
21 |
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)
|
16.0 |
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)
|
30.5 |
5.0 |
13.3 |
| No. |
Procedure |
Time to Complete |
Associated Costs |
| 1 |
Stipulate a founding act and have it notarized
|
2 days
|
BAM 335 (BAM 300 for founding act stipulation + BAM 15 for court registration + BAM 20 for notarization of the proof of occupancy of office space)
|
| 2 |
Obtain a statement from a commercial bank that full amount of the capital has been paid; pay registration fee to the bank account of the District Commercial Court
|
1 day
|
BAM 500 (BAM 450 for registration + BAM 50 for advertising in the Official Gazette)
|
| 3 |
Court registration with the District Commercial Court
|
7 days
|
No cost
|
| 4 |
Buy a company stamp
|
1 day
|
BAM 40
|
| 5 |
Request and obtain resolution on intended activities (work permit) with the competent municipality
|
4 days
|
BAM 102
|
| 6 |
Request and obtain company identification number with the competent tax administration office
|
3 days
|
BAM 2
|
| * 7 |
Request and obtain statistical number from the Institute of Statistics, Republika Srpska
|
2 days
|
BAM 70
|
| 8 |
Open a company account at a commercial bank
|
1 day
|
No cost
|
| 9 |
Enroll employees in Pension and Health Insurance Funds with the tax administration office
|
1 day
|
No cost
|
| * 10 |
Adopt a Rulebook on matters of salary, work organization, discipline, and other employee regulations
|
1 day
|
No cost (BAM 250 is the minimum cost if made by a lawyer, depending on complexity)
|
* Takes place simultaneously with another procedure.
Subnational Data
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