Fees and timelines in 2023
Fees
Incorporation costs in Year 1 amount to €5,800 and annual company costs in Year 2 and thereafter amount to €0. The average total fee per Bosnia and Herzegovina engagement amounts to €11,900, which includes company incorporation and opening a local corporate bank account and all government fees.
Different Bosnia and Herzegovina entity types | Cost | Draft invoice |
---|---|---|
Tax resident LLC | €11,900 | View invoice PDF |
PLC | €13,900 | View invoice PDF |
Branch of foreign company | €14,900 | View invoice PDF |
Representative office | €14,550 | View invoice PDF |
Turnkey solutions | €14,950 | View invoice PDF |
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Timelines
The average Bosnia and Herzegovina company registration period is 19 weeks as outlined below:
Service | LLC | PLC | Branch | Rep office |
---|---|---|---|---|
Engagement planning | 3 weeks | 2 weeks | 2 weeks | 2 weeks |
Company incorporation period | 7 weeks | 8 weeks | 7 weeks | 6 weeks |
Bank account approval | 5 weeks | 5 weeks | 5 weeks | 5 weeks |
Internet banking approval | 3 weeks | 2 weeks | 2 weeks | 2 weeks |
Incorporation completion | 1 week | 1 week | 1 week | 1 week |
Total engagement period | 19 weeks | 18 weeks | 17 weeks | 16 weeks |