The establishment of a representative office of a foreign legal entity begins with the preparation of the necessary documentation, which includes the decision of the parent company to open a representative office in Bosnia and Herzegovina, an extract from the registry where the parent company is registered, as well as the authorization for the representative of the Representative Office in Bosnia and Herzegovina. With experience in the International law, we will assist you in the preparation of all the necessary documents, ensuring that your documentation complies with the legislation of Bosnia and Herzegovina.
Based on the Decision on the Establishment and Operation of Representative Offices of Foreign Entities in Bosnia and Herzegovina (‘Official Gazette of BiH,’ No. 15/03), a Representative Office is being established in Bosnia and Herzegovina. The particularity of this establishment procedure is that Representative Offices are not registered with the competent courts, as is the case with commercial companies, but in the registry maintained by the Ministry of Foreign Trade and Economic Relations of BiH.
A Representative Office does not have the status of a legal entity nor does it operate under a specific name. Business is conducted under the name of the company that establishes the Representative Office, with the prefix ‘Representative Office in Bosnia and Herzegovina‘ in the company’s name.
The activities that a Representative Office of a foreign legal entity can register for, are related to market research, propaganda, and informational activities with the ultimate goal of representing that legal entity.
If a foreign legal entity wishes to make more concrete investments in Bosnia and Herzegovina, conclude contracts related to business development and investment, it will be necessary to establish a legal entity based in Bosnia and Herzegovina. Although the opening of a Representative Office of a foreign legal entity in Bosnia and Herzegovina is a significant step towards global business and expansion and the first step towards investing in Bosnia and Herzegovina, it primarily serves market research.
Representative Offices established at the Ministry of Foreign Trade and Economic Relations of Bosnia and Herzegovina, based on Article 6 of the Decision on the Establishment and Operation of Representative Offices of Foreign Entities in Bosnia and Herzegovina and Article 193 of the Law on Administrative Procedure of the Federation of Bosnia and Herzegovina, represented by our office, have been successfully concluded by issuing the Decision on Registration in the Register of Representative Offices of Foreign Entities in Bosnia and Herzegovina number: UP-I-05-1-19-673-1/23 dated May 26, 2023.
If you need consultation on the establishment of a Representative Office of a foreign legal entity in Bosnia and Herzegovina or if you require a Corporate lawyer in Sarajevo for your company or business idea, then you are in the right place with us. You can contact our corporate law attorneys directly by phone (+387 62 342 463), WhatsApp, Viber, or email (rasid@haracic.ba).
