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Bosnia Herzegovina

Capital: Sarajevo HDI: 0.733 (85^th)

Language: Bosnian, Croatian, Serbian

GDP (PPP): $41.127 billion

Currency: Convertible Mark

Population: 3,531,159

Bosnia and Herzegovina often known informally as Bosnia, is a country in Southeastern Europe located on the Balkan Peninsula. Sarajevo is the capital and largest city. Bordered by Croatia to the north, west, and south; Serbia to the east; Montenegro to the southeast; and the Adriatic Sea to the south, with a coastline about 20 kilometres (12 miles) long surrounding the city of Neum. In the central and eastern interior of the country the geography is mountainous, in the northwest it is moderately hilly, and the northeast is predominantly flatland. The inland is a geographically larger region and has a moderate continental climate, with hot summers and cold and snowy winters. The southern tip of the country has a Mediterranean climate and plain topography.

Today, the country maintains high literacy, life expectancy and education levels and is one of the most frequently visited countries in the region, projected to have the third highest tourism growth rate in the world between 1995 and 2020. Bosnia and Herzegovina is regionally and internationally renowned for its natural beauty and cultural heritage inherited from six historical civilizations, its cuisine, winter sports, its eclectic and unique music, architecture and its festivals, some of which are the largest and most prominent of their kind in Southeastern Europe. The country is home to three main ethnic groups or, officially, constituent peoples, as specified in the constitution. Bosniaks are the largest group of the three, with Serbs second and Croats third. A native of Bosnia and Herzegovina, regardless of ethnicity, is identified in English as a Bosnian.

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Economic Overview

Industry Trends

Starting a Business

Visas & Permits

Infrastructure

Culture & Living

Housing & Rentals

RESEARCH

Economic Overview
Bosnia and Herzegovina Country Report http://www.intellinews.com/reports/bosnia-and-herzegovina-country-report-june-2016-27093/
The World Bank has raised its forecast for Bosnia & Herzegovina’s economic growth in 2016 to 2.6%, though this is still below the estimated 3.2% in 2015, according to the June’s edition of the bank’s Global Economic Prospects.
Bosnia & Herzegoniva Economic Overview http://www.bosniaexpoonline.com/bosnia-herzegovina-profile/economy
Bosnia and Herzegovina is a small and a very open economy. The services sector accounts for a large part of the economy, more than two-thirds, in which public sector activities play a significant role. The manufacturing industry and agriculture account for about 12% and 10% respectively of the gross value added created in the economy.
Industry Trends & Business Climate
2015 Investment Climate Statement http://www.state.gov/e/eb/rls/othr/ics/2015/241489.htm
Although open to foreign investment, investors face a number of serious obstacles including complex legal and regulatory frameworks, non-transparent business procedures, corruption, insufficient protection of property rights, and a weak judicial system.
Establishing a Presence
Starting a Business in Bosnia and Herzegovina http://www.doingbusiness.org/data/exploreeconomies/bosnia-and-herzegovina/starting-a-business
This site provides a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in Bosnia and Herzegovina.
Starting a Business in Bosnia and Herzegovina http://www.doingbusiness.org/data/exploreeconomies/bosnia-and-herzegovina/starting-a-business
This site provides a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in Bosnia and Herzegovina.
Bosnia and Herzegovina company registration http://www.healyconsultants.com/bosnia-herzegovina-company-registration/
Business registration information from a law firm with a presence in Bosnia Herzegovina
Taxes
Bosnia and Herzegovina Sales Tax Rate | VAT | 2006-2016 http://www.tradingeconomics.com/bosnia-and-herzegovina/sales-tax-rate
The Sales Tax Rate in Bosnia and Herzegovina stands at 17 percent.
Bosnia and Herzegovina – VAT – Valued Added Tax 2016 http://countryeconomy.com/taxes/vat/bosnia-herzegovina
01/01/2006 17.00%
Bosnia and Herzegovina Corporate Tax Rate | 2006-2016 http://www.tradingeconomics.com/bosnia-and-herzegovina/corporate-tax-rate
The Corporate Tax Rate in Bosnia and Herzegovina stands at 10 percent.
Bosnia and Herzegovina – Taxes on corporate income http://taxsummaries.pwc.com/uk/taxsummaries/wwts.nsf/ID/Bosnia-and-Herzegovina-Corporate-Taxes-on-corporate-income
Bosnia and Herzegovina consists of two entities: Federation of Bosnia and Herzegovina (FBiH) and Republika Srpska (RS), with a third region, the Brčko District (BD), being administered by both. Direct taxes are imposed at the entity/district level, while indirect tax regulations are imposed at the state level. CIT systems in Bosnia and Herzegovina have been partially harmonised in the past few years, but significant differences remain.
Bosnia and Herzegovina – Taxes on personal income http://taxsummaries.pwc.com/uk/taxsummaries/wwts.nsf/ID/Bosnia-and-Herzegovina-Individual-Taxes-on-personal-income
The PIT rate in the Federation of Bosnia and Herzegovina is a flat rate of 10%
Bosnia and Herzegovina – Other taxes and levies https://home.kpmg.com/xx/en/home/insights/2015/07/bosnia-and-herzegovina-taxes-and-levies.html
This site provides FAQs on personal and other tax obligations
Visas
Bosnia Herzegovina Visa https://bosnia-herzegovina.visahq.com/
All persons entering Bosnia Herzegovina through an international airport are now required to submit a landing card. Landing cards are provided by airlines during the flight or upon arrival. Tourist visa not required for US citizens for stays up to 90 days
Bosnia and Herzegovina – State https://travel.state.gov/content/passports/en/country/bosnia-herzegovina.html
See “Entry, Exit & Visa Requirements” on this site
Infrastructure
Bosnia-Herzegovina – Telecoms, IP Networks, Digital Media http://www.budde.com.au/Research/Bosnia-Herzegovina-Telecoms-IP-Networks-Digital-Media-and-Forecasts.html
Although a number of fixed-line operators offer services the market is dominated by the three incumbent operators, which hold a combined market share of 99%. All three incumbents are subject to specific obligations designed to improve competition.
Telecom in Bosnia-Herzegovina https://bosniateleco.wordpress.com/
BH Telecom is a leading telecommunication company in Bosnia and Herzegovina.
Bosnia and Herzegovina Transportation https://www.virtualtourist.com/travel/Europe/Bosnia_and_Herzegovina/Transportation-Bosnia_and_Herzegovina-TG-C-1.html
65 tips on getting to and getting around Bosnia and Herzegovina from real travelers and locals.
Transportation in Bosnia-Herzegovina http://www.tourism-in-bosnia.com/bosnia-transportation
Bosnia and Herzegovina is a beautiful country and if you want to enjoy nature’s bounty, hit the road by car.
Employer Obligations
Bosnia and Herzegovina. THE LABOUR LAW http://www.ilo.org/dyn/natlex/docs/WEBTEXT/54990/65186/E99BIH01.htm
THE LABOUR LAW, 1999
Labor Market Regulation in Bosnia and Herzegovina http://www.doingbusiness.org/data/exploreeconomies/bosnia-and-herzegovina/labor-market-regulation
This site provides a detailed summary of some of the labor regulations that would apply to local entrepreneurs wishing to hire workers, organize working schedules, improve job quality for workers, or make workers redundant for economic reasons in Bosnia and Herzegovina.
Bosnia and Herzegovina. THE LABOUR LAW http://www.ilo.org/dyn/natlex/docs/WEBTEXT/54990/65186/E99BIH01.htm
THE LABOUR LAW, 1999
Culture/Living
Bosnia and Herzegovina 2016 / 2017 Holiday Calendar http://holiday-calendar.com/bosnia-herzegovina-public-holiday-calendar/79/
Bosnia and Herzegovina 2016 / 2017 Public Holidays, Bank Holidays, Government Holidays, School Holidays, Festivals
Demographics of Bosnia and Herzegovina – Wikipedia https://en.wikipedia.org/wiki/Demographics_of_Bosnia_and_Herzegovina
This site is about the demographicfeatures of the population of Bosnia and Herzegovina, including population density, ethnicity, education level, health of the populace, economic status, religious affiliations and other aspects of the population.
CIA – The World Factbook: Bosnia and Herzegovina https://www.cia.gov/library/publications/the-world-factbook/geos/bk.html
See “People and Society” on this CIA web site
Public Holidays in Bosnia and Herzegovina in 2016 https://www.officeholidays.com/countries/bosnia_and_herzegovina/index.php
Comprehensive list of National Public Holidays that are celebrated in Bosnia and Herzegovina during 2016 with dates and information on the origin and meaning of holidays.
Cost of Living in Bosnia And Herzegovina http://www.numbeo.com/cost-of-living/country_result.jsp?country=Bosnia+And+Herzegovina
Cost of living in Bosnia And Herzegovina is 52.68% lower than in United States
Cost of Living in Bosnia and Herzegovina. 2016 https://www.expatistan.com/cost-of-living/country/bosnia-and-herzegovina
Cost comparison of cities in Bosnia Herzegovina and comparisons with other cities in the world
Bosnia & Herzegowina – Culture, Customs & Etiquette http://guide.culturecrossing.net/basics_business_student.php?id=27
Guide to travel, doing business, and studying in Bosnia & Herzegowina – culture, greetings, gestures, etiquette, protocol, negotiations, gift-giving, and more.
Bosnia and Herzegovina climate http://www.whatstheweatherlike.org/bosnia-and-herzegovina/
Bosnia and Herzegovina is a hilly country with an unstable climate. Bosnia and Herzegovina has a moderate sea climate. The south-western part of the country has a Mediterranean climate.
Bosnia and Herzegovina Weather – AccuWeather.com http://www.accuweather.com/en/ba/bosnia-and-herzegovina-weather
The guide to current weather conditions in major cities in Bosnia Herzegovina
Bosnia and Herzegovina travel advice https://www.gov.uk/foreign-travel-advice/bosnia-and-herzegovina/safety-and-security
Latest travel advice for Bosnia and Herzegovina including safety and security, entry requirements, travel warnings and health
Is Bosnia and Herzegovina safe? http://www.is-bosnia-safe.com/
Travel safety advice for people travelling to Bosnia and Herzegovina.
International Schools in Bosnia and Herzegovina http://www.internationalschoolguide.com/bosnia_herzegovina/index.htm
This site provides a list of the most popular international and bilingual schools for expats in Bosnia Herzegovina with fee information.
EDUCATION SYSTEM IN BOSNIA AND HERZEGOVINA http://www.euroeducation.net/prof/boherco.htm
Facts on all levels of education in Bosnia Herzegovina
Trade
Bosnia approves adapted trade deal with EU http://www.dtt-net.com/en/index.php?page=view-article&article=10006
July, 2016 announcement of trade agreement with EU
Bosnia Herzegovina customs https://bosnia-herzegovina.visahq.com/customs/
Bosnia Herzegovina Customs regulations and procedures for importing and exportinggoods at border
Housing and Rentals
Bosnia and Herzegovina Corporate Housing and Extended Stay http://bosnia.biz-stay.com/
Search our Furnished Short Term Housing & Extended Stay Hotel listings
The 10 Best Hotels in Bosnia and Herzegovina https://www.tripadvisor.com/Hotels-g294449-Bosnia_and_Herzegovina-Hotels.html
Find 7,813 traveler reviews, candid photos, and prices for 194 hotels in Bosnia and Herzegovina.
Travel
Bosnia and Herzegovina Travel Guide and Travel Information http://www.worldtravelguide.net/bosnia-and-herzegovina
Expert Bosnia and Herzegovina travel guide including detailed information about everything you need to know about Bosnia and Herzegovina.
Bosnia and Herzegovina Travel Guide https://www.virtualtourist.com/travel/Europe/Bosnia_and_Herzegovina/TravelGuide-Bosnia_and_Herzegovina.html
3945 real travel reviews, tips, and photos from realtravelers and locals in Bosnia and Herzegovina

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