Law on Foreign Investments of the Republic of Srpska (Official Gazette of the Republic of Srpska, no. 21/18) and Law on Foreign Direct Investment Policy in B&H (Official Gazette of B&H, no. 17/98, 13/03, 48/10) guarantee national treatment for foreign investors. This means that foreign investors enjoy the same rights and obligations as residents of B&H. The state or its entities may not discriminate against foreign investors on any grounds, including but not limited to citizenship, headquarters/residence of the foreign investor, religion, or country of origin of the investment.
The property of foreign investors cannot be nationalized, expropriated, or requisitioned. However, in cases where public interest is established, the property of foreign investors may be subject to nationalization or expropriation, in which case foreign investors are guaranteed fair compensation.
The Law on Customs Policy of Bosnia and Herzegovina regulates the main elements of the customs protection system for the B&H economy, as well as the rights and obligations of all entities involved in customs clearance procedures for goods and passengers.
Foreign investors may be exempt from import duties on equipment included in free trade agreements that represent an investment by a foreign entity.
The signing of the Stabilization and Association Agreement enables the free export of almost all types of goods into the EU that meet the required standards. At the same time, the B&H market is gradually opening to goods from the EU, following the schedule agreed upon in annexes and protocols that are part of this agreement, granting access to a market of approximately 450 million people.
B&H has also signed the CEFTA Free Trade Agreement with Albania, Montenegro, North Macedonia, Moldova, Serbia, and UNMIK/Kosovo. The CEFTA agreement replaces and supplements existing free trade agreements with certain regional countries, ensuring greater transparency and business rules comparable to EU standards while providing access to a market of approximately 25 million people.
“Stop chasing the money and start chasing the passion”
– Tony Hsieh –