For sale: environmentally responsible waste management company (plastic, paper and cardboard packaging, foil, nylon, glass) in Bosnia and Herzegovina with all necessary equipment and real estate. Long-term contracts with consumers have been signed. Processes and stores waste in the amount of 4,000 tons per year. Reason for sale: owner's retirement.
Why open a company in BiH? In Bosnia and Herzegovina, an entrepreneur is subject to only the maximum tax, namely 10% tax on earned 100,000 euros. BiH also has a general tax exemption of 60,000 euros. This means that you do not pay even 10% tax on the first 60,000 euros of profit. Therefore, if you do business through a Bosnian company, you will save 50 percent of your hard-earned money, which in this case is 50,000 euros.
We offer comprehensive assistance in opening a company in Bosnia and Herzegovina. We can also arrange a work permit for you if you want to become an employee of a Bosnian company. According to Bosnian law, no one is obliged to work for the company, but the director of the company can perform all activities, such as issuing invoices and signing contracts based on a management agreement. This means that you will not have to pay contributions for any employee of the Bosnian company. We also offer tax and legal assistance in Bosnia.
We will organize the formation of a company in BiH (d.o.o.) within 10 days from the signing of your power of attorney. We will also organize the application for temporary residence for you and provide you with the location of your company in BiH.
It should be emphasized that Bosnia and Herzegovina is not on the list of tax havens (list of taxes withheld at source maintained by the Ministry of Finance).
It should also be emphasized that the minimum wage in BiH is 250 EUR (gross), so contributions for an employee with a minimum wage are 100 EUR.
BiH is neither a member of the European Union nor a party to the OECD agreement on the exchange of data on bank transactions and bank account holders in BiH. BiH does not share information on Bosnian legal entities with the EU tax authorities. There is also no law on the origin of assets in the country. Neither EU authorities nor Bosnian tax authorities can question Bosnian companies and Bosnian residents about the origin of their assets, as they have no legal basis.
A company owner can withdraw cash from his company's account in Bosnian banks without restrictions after paying a 10% income tax. An entrepreneur can also apply to a Bosnian bank for a bank card of his company and thus withdraw cash (up to 5.000 euros per day) anywhere in Europe from the account of a Bosnian company of which he is the owner/director.
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