Starting a business in Bosnia and Herzegovina

Legal Forms of Companies

Limited Liability Company (D.O.O.)

Number of partners: One or more persons.
Capital (max/min): Minimum BAM 2,000
Shareholders and liability: Liability is limited to the amount contributed.

Joint-Stock Company (D.D.)

Number of partners: Two or more shareholders.
Capital (max/min): Minimum BAM 20,000 for closed joint-stock companies; minimum BAM 50,000 for open joint-stock companies.
Shareholders and liability: Liability is limited to the amount contributed.

Limited Partnership

Number of partners: Minimum two.
Capital (max/min): No minimum capital.
Shareholders and liability: There must be at least 1 partner with full liability (including private property) and at least 1 partner with limited liability.

Representative Office

Number of partners: No minimum.
Capital (max/min): No minimum capital.
Shareholders and liability: A representative office does not have the status of a legal entity - It may only engage in non-profit making activities: market research, promotional and informative activities, representing the company. A representative office is restricted from signing contracts on behalf of the parent company (with the exception of foreign airlines representative offices).

Business Setup Procedures

Source: Doing Business - Latest available data.