One of the specializations of our Law Office is providing support in the process of establishing a legal entity in Bosnia and Herzegovina. Throughout this legal counseling, we aim to provide you with clear and precise information about the process of establishing/registering your future business, obtaining the ID number, but also highlight how our team of experts is able to assist you in every step of this crucial journey.
The first step in the process of establishing a legal entity is choosing the appropriate legal form for your business. In Bosnia and Herzegovina, you can choose from several legal forms, including a limited liability company (LLC), a joint-stock company (JSC), a limited partnership (LP), and an unlimited liability company (ULC). Our team of experienced legal experts can help you choose the legal form that best suits your business goals and needs.
Once you have decided on the form of your business, the next step is the registration of the legal entity in the register of business entities maintained by the Municipal Court at the seat of the Canton. This includes preparing all necessary documents, such as the Founding Act (Articles of Association/Decision on Establishment), the company’s statute, proof of payment of the Initial capital, and other documentation. According to the legal provisions of the Law on the Registration of Business Entities in the Federation of Bosnia and Herzegovina (“Official Gazette of FBiH,” No. 27/2005, 68/2005, 43/2009, 63/2014, 32/2019 – Decision of the Constitutional Court and 85/2021), the minimum Initial capital is 1.000,00 KM.
Our law firm possesses an extensive experience in preparing and submitting all necessary documents, as well as communicating with the Court, to ensure a quick registration process without any unnecessary complications. After successful registration with the Court, the process is yet not complete because it is obligatory to obtain a Unique identification number (ID number). The process of acquiring the ID number involves submitting an application to the relevant authority, preparing the necessary documentation, which includes entering into contracts with an accounting service, lease agreements, and others.
Establishing a legal entity is a crucial step towards successful business operation, and our team is here to make that journey as smooth and efficient as possible. With our expert assistance, you can be confident that all stages of the process will be carried out correctly and on time, allowing you to focus on what you do best – growing your business.
In the process where our law firm represented a legal entity in the establishment in the Court register of the Municipal Court in Sarajevo, data on the establishment of dozens of limited liability companies were entered, including, Resolution No: 065-0-Reg-22-000569 dated March 30, 2022, Resolution No: 065-0-Reg-23-001914 dated May 09, 2023, Resolution No: 065-0-Reg-0-23-004135 dated October 31, 2023, and others.
If you need consultation on Establishing a Legal Entity in Bosnia and Herzegovina then you are in the right place with us. You can contact our corporate law attorneys directly via phone (+387 62 342 463), WhatsApp, Viber, or email (rasid@haracic.ba).