Bosnia and Herzegovina: a new destination for entrepreneurs

Why Bosnia is your best choice for opening an LLC company?

There are numerous reasons why Bosnia and Herzegovina is the state you are looking for:

1. Stability of the financial and economic sector: After the war, Bosnia and Herzegovina has recovered economically and it is now encouraging investments from foreign entrepreneurs.
2. Strategic geographic position: it is situated at the important crossroad between Eastern and Western Europe. Additionally, relations between Bosnia and Herzegovina and Russia are excellent.
3. Preferential trade agreements: numerous agreements are signed with different countries, among which also Italy, Greece, Russia, Germany, Austria, and
4. Favorable taxation and custom system: the income tax is only 10%, while VAT is 17%.
5. Highly skilled, multilingual and low-cost workforce: industrial, building and textile sectors are the most developed ones. Minimum wage is €200.
6. Numerous industrial and free trade areas.
7. Bosnia and Herzegovina offers financial support for entrepreneurs.
8. A potential market of approximately 600 million people having the possibility to buy good free of customs duties: thanks to numerous agreements, Bosnia and Herzegovina is offering a large market and is inviting you to expand your business and find new customers.

To know more, write to us at martina@taxofia.com