INVESTMENT GUIDE 2015
THE SARAJEVO CANTON - GREAT PLACE TO WORK AND ENJOY LIFE
Bosnia and Herzegovina / Federation of Bosnia and Herzegovina The Sarajevo Canton Ministry of Economy
INVESTMENT GUIDE 2015 THE SARAJEVO CANTON - GREAT PLACE TO WORK AND ENJOY LIFE Introduction
This investment guide in the Sarajevo Canton is desi Sarajevo, a cosmopolitan metropolis at the heart of Eu gned to provide current information to all who want to rope, is known for its rich cultural heritage and extra invest in the Canton, but also to business people and ordinary beauty. It is a dynamic business hub between institutions that provide support to potential investors. East and West, the city is open to all people of good will, the city of life and prosperity which has always On the following pages, we have presented basic facts won over people not only as a tourist destination, but and information about the Sarajevo Canton, why and also as a prestigious place for living. It is the city of the how to invest in the Canton, the benefits of investing, International Film Festival, events such as the Sarajevo the potential for investment, business zones, economic Winter Nights of Baščaršija, the Sarajevo Days of Poetry, indicators, opportunities for business development and Jazz festival, international sports events... investment, as well as an overview of the institutions, which provide information for investing in the Sarajevo We invite investors from all over the world to come to Canton. Bosnia and Herzegovina, to its largest market open for investment in all commercial and industrial sectors - The Sarajevo Canton is the most developed Canton of the Sarajevo Canton. Welcome to the Canton, which the Federation of Bosnia (FB&H) and Herzegovina, a provides economic, cultural and social attractiveness, significant area of concentration of economic potential development and quality of life for all citizens. (educated labor force, employment) and very profitable activities (financial services, transport and communica The Ministry of Economy of the Sarajevo Canton, at full tions, industry, tourism, trade). Sarajevo is an adminis capacity, is available to domestic and foreign investors, trative-political, economic, financial, educational and and those who want to become one, in order to work scientific- research, culture, health center, an Olympic together on active support of the local economy for city and the seat of the most important international sustainable economic development of the community institutions and organizations operating in B&H. An and beyond. international jury consisting of representatives of the Muharem Šabić, PhD, Minister European Parliament, the Council of Europe and the Eu ropean Commission have chosen Sarajevo Canton for the European Region in 2006. Any time is a good time to start a business in the Sarajevo . Canton Table of Content
I ADMINISTRATIVE STRUCTURE OF BOSNIA AND HERZEGOVINA 12
II THE SARAJEVO CANTON 14
01. Government organization in the Sarajevo Canton 26
02. Resources and business sectors in the Sarajevo Canton 27
03. Places to visit in the Sarajevo Canton 32
III LEGAL FRAMEWORK FOR INVESTMENT 39
01. Why, who, how and in which way to invest? 39
02. How to establish a company in the Sarajevo Canton and how to invest without establishing a company 44
03. Public and private sector partnership in the Sarajevo Canton 46
IV ALLOCATION PROCEDURE OF LAND AND PERMITS FOR CONSTRUCTION 47
01. Land regulation and approval for construction 47
02. The right of ownership and right for use the construction land 52
03. Allocation of the town construction land 53
04. Allocation of the town construction land, issuing urban permit, approval for construction, use permits and
registration of ownership right 54
05. The rights of foreign investors regarding disposal of construction land 54 V FISCAL FRAMEWORK OF BUSINESS SECTOR 55
01. Customs 55
02. Taxations 57
VI INVESTMENT BENEFITS 59
VII PUBLIC UTILITIES RATES FOR LEGAL ENTITIES IN THE SARAJEVO CANTON 61
VIII AGREEMENTS IN FORCE IN B&H 66
01. The Stabilisation and Association Agreement 66
02. Agreement on Free Trade 66
03. Agreements on Avoidance of Double Taxation 66
04. EFTA 67
05. Agreement on Promotion and Mutual Protection of Investments 67
IX INVESTMENT OPPORTUNITIES - INDUSTRIAL ZONES, FREE ZONES 68
X CONTACTS OF RELEVANT INSTITUTIONS AND ORGANISATIONS 102 BETTER PROSPEROUS LIFE FUTURE
For a better life tomorrow, decide today. The most developed Canton in FB&H The wealth of unpolluted natural resources The Sarajevo Canton - European region in 2006 Sarajevo named as 43rd the best city to live in the world (Lonely Planet 2006) In 2009 Lonely Planet Travel Guide ranked Sarajevo among the top 10 cities in the world worth visit In April 2011 "Eurotrip" ranked Sarajevo, Venice, Amsterdam, Granada and Berlin among the five most unique cities in Eu rope. According to the "Eurotrip", Sarajevo is a dynamic and realistic city where cultures and religions are firmly connected as a source of strength and unity The National Geographic ranked B&H in the top ten destinations in 2012 - in addition to the world's destination for rafting, hiking, skiing and other sports, B&H was chosen for its the best mountain biking trails The Sarajevo International Airport was declared the best European airport in its category (up to 1 million passengers) in 2005 Sarajevo - Olympic city in1984 10
The largest educational center in B&H (state, private and foreign educational institutions) In 2011 Educational Planning and Assessment System (EPAS), Webometrics Ranking positioned the Faculty of Economics to the 390th place out of 1000 World Universities Highly educated professionals and skilled labor force Events - Internacional Teater Festival, Festival of Small and Experimental Scences Sarajevo (MESS), the Sarajevo Winter, the Baščaršija Nights, Sarajevo Film Festival, the Sarajevo Days of Poetry, the Jazz Festival ... The Academy Award, Golden Bear etc., which were awarded to the film products of the young people of Sarajevo, who promoted the city and the country to the top of the industry in Europe and the world ... 11
Favorable conditions for rural development Industrial tradition Developed manufacturing and crafts Safe environment, proximity to markets (neighbouring countries and EU countries) Attractive policy concessions Law on the Public-Private Partnership
Possible economic cooperation with foreign partners in projects of the area of: food and beverage, textile industry, wood processing and wood products, automotive industry, metal processing, industry of chemical and pharmaceutical products, energy efficiency and renewable energy, banking and financial sector, tourism (cultural and historical tourism, mountain tourism, congress tourism, health, religious tourism), construction and design, transport and communications, information and communication tech nologies... 12
ADMINISTRATIVE STRUCTURE OF BOSNIA AND HERZEGOVINA
Bosnia and Herzegovina is located in southeastern The Federation of Bosnia and Herzegovina Europe, in the central part of the Balkan Peninsula. consists of ten cantons (administratively divided into For centuries, it has been a multicultural country with municipalities): the Unsko-sanski, Posavski, diverse landscapes and centuries of history, the area Tuzlanski, Zeničko-dobojski, Bosansko-podrinjski, Sre- where the different cultures and people from around dnjobosanski, Herzegovačko-neretvanski, Zapadno- the world met and got to know each other, do business hercegovački, the Sarajevo Canton and Canton 10. and exchange ideas. The way of living in Bosnia and Herzegovina is deeply woven into tradition, rich with The Republic of Srpska is administratively divided into its cultural and historical heritage and natural beauty. regions (Banja Luka, Doboj, Bijeljina, Pale and Trebinje), and the regions are further divided into municipalities. Bosnia and Herzegovina consists of two entities: the Fe deration of Bosnia and Herzegovina and the Republic of Srpska and Brčko District.
J FEDERACIJA BIH ] I.Unsko-sanshikanton ] 2. Posavski kantor I 3. Tuzlanski karton I 4. Zeničko-dobojski kanton I &. Bosansko-podrinjski kanton 1 6. Sređnjobosanski kanton ] T. Hercegovačko-neretvarskI kanton ] 8. Zapadno-hercegovacki kanton ‘ i. Kanton Sarajevo ■ 10. Livanjski kanton
EU REPUBLIKA SRPSKA
I DISTRIKT BRČKO
Image 1. Map of Bosnia and Herzegovina with drawn entity line Image 2. Cantons in the Federation of Bosnia and Herzegovina
(http://bs.wikipedia.org) (http://www.euraxess.ba/bs/?sec=14) 13
Official name: Bosnia and Herzegovina (abbreviated as B&H)
Capital city: Sarajevo
South Eastern Europe, borders with Croatia Geographic (932km), Serbia (312km) and Montenegro The official languages are Bosnian, Croatian and Location: (215km). Serbian. English is widely used language. The currency Other major cities Banja Luka, B&Hać, Mostar,Tuzla, Zenica of Bosnia and Herzegovina is Konvertibilna Marka (KM). in B&H: The Currency code is BAM. The BAM exchange rate is di Area: 51.209 km2 rectly linked to the EUR, and the exchange rate is 1 BAM Population: 3.8 million Islam (44%), Orthodox Christians (32%), Roman = 0.511293 EUR, or 1 EUR is 1.955830 BAM. The BAM Religions: Catholic (17%), other (7%) exchange rate is fixed and has not changed in relation Ethnic Groups: Bosniaks, Serbs, Croat and others to the EUR. The Central Bank of Bosnia and Herzegovi Official languages: Bosnian, Serbian and Croatian na, which manages the monetary policy through the Administrative Two entities (Federation of B&H and Republic of organisation: Srpska) and Brcko district of B&H Currency Board Arrangement, formulates, adopts and B&H is a parliamentary democracy with a controls the monetary policy in Bosnia and Herzegovi bicameral parliament (House of Representatives Government na. and House of Peoples), three-member structure: rotating Presidency, Council of Ministers, and Constitutional Court Sarajevo is the capital of both Bosnia and Herzegovina GDP: 13.4 billion EUR (2013) and the Federation, as well as national, regional and Eu BDP per capita: 3509EUR (2013) ropean center. It is a city of pleasant living. The cities in Konvertibilna Marka (BAM-official; KM-common Currency: Bosnia and Herzegovina are known for their museums, use) Exchange rate: 1 EUR = BAM 1.95 (fixedexchange rate) theaters, cinemas and galleries as well as architectu ral heritage sites, which are at the UNESCO's list of the B&H is mostly mountainous country with the world heritage sites. There are a lot of cultural events Dinaric Alps. The highest point, Mt. Maglić, rises to including concerts, plays, operas, exhibitions and Landforms: 2,387m. In the north, the Sava River has shaped international festivals such as the Sarajevo Film Festival, the fertile valley, which is the largest plain space MESS, the Jazz Fest, the Sarajevo Winter Festival, the intersected by low mountains. Baščaršija nights etc. mountain, moderate continental and Climate: Mediterranean climate The city center is an area of concentration of admini Latitude/longitude: 44 N, 18 E strative buildings, offices of international companies, Time zone: CET (GMT + 1 hour) embassies, financial institutions, banks, consulting and Internet domain: .ba design companies, shops, and restaurants. International +387 phone code:
Table 1. B&H Key-Facts (www.fipa.gov.ba) 14
THE SARAJEVO CANTON
The Sarajevo Canton is the most developed canton. The Miljacka and Prača with Eastern Europe. Roads and area of the Sarajevo Canton includes the municipali railways communications pass through these natu ties of Centar, Hadžići, Ilijaš, Novi Grad, Novo Sarajevo, ral corridors today. Corridor Vc integrates Bosnia and Stari Grad, Vogošća and Trnovo. In the Sarajevo Canton, Herzegovina and Sarajevo Canton into global traffic the municipalities Centar, Novi Grad, Novo Sarajevo flows. International bus lines also connect the Sarajevo and Stari Grad make up the City of Sarajevo, the local Canton with many cities of the world. government unit. Sarajevo - Brčko (the river port on the Sava 184 km River,B&H)
There are numerous buildings of great importance, Sarajevo - Doboj (the biggest railways 148.5 km nature, forest and non-forest valuable ecosystems, junction in B&H) objects of cultural and historical significance, geomo- Sarajevo - Banja Luka 187.4 km rphological and hydrological monuments, sports and recreational areas, and thermal spas in the Sarajevo Sarajevo - Tuzla 121.77 km area. The natural characteristics give the Canton the Sarajevo - Mostar 129.9 km character of authenticity, representativeness, diversity, Sarajevo - Zagreb 402.44 km landscape and spatial values that have great scientific, Sarajevo - Split 297.8 km educational, cultural, socio-economic, developmental, Sarajevo - Dubrovnik 235.08 km ecological significance and function. Sarajevo - Ploče (the seaport on the Adriatic 198 km Sea, Croatia)
Cultural, natural and historical heritage of Sarajevo is Sarajevo - Belgrade 295.55 km one of the most interesting in the Balkans. There are Sarajevo - Ljubljana 540.48 km only a few places in the world, with mosques, Orthodox Sarajevo - Podgorica 229.3 km and Catholic churches and a synagogue within ten mi Sarajevo - Vienna 775.52km nutes of walking distance from each other. The geogra Sarajevo Budapest - (Hungary) 558.2 km phical position of the Sarajevo Canton occupies a ce Sarajevo - Istanbul 1159.22 km ntral position in Bosnia and Herzegovina. The favorable Sarajevo - Prague 1055.98 km geographical position of Sarajevo is determined by the Sarajevo - Berlin 1474.6 km action of natural elements and social factors. The natu Sarajevo - Copenhagen (Denmark) 1873.47 km ral factor had a dominant impact on this area so it be Sarajevo - Rome (Italy) 848.57km came the road junction. In the North part of the Bosna Sarajevo Center - Sarajevo airport 12.9 km River valley, Sarajevo is connected with Central Europe, and in the South, along the valley of the Neretva River, Table 2. Road distance from Sarajevo to relevant locations in km it is connected with the Adriatic Sea and the Mediterra nean. A valley of the rivers Lašva and Vrbas connect Sa rajevo with Western Europe, and the river valleys of the 15
Image 3. The Sarajevo Canton - a meeting place of different cultures, religions and traditions 16
In 2005, the Sarajevo International Airport was There are museums, the National Theatre of Bosnia and proclaimed as the best airport in Europe, up to one Herzegovina, established in 1919, the Youth Theatre, million passengers. Air transport connects the Sarajevo as well as other cultural institutions in Sarajevo: the Canton with the whole world. The airport is just 20 City Hall, the Bosniac Institute-private library and art minutes away from the city center. The city is well collection focusing on Bosnian history, the Sarajevo connected by buses, trolleybuses, trams, and taxies. It is City Library, the Art Gallery of Bosnia and Herzegovi also possible to rent a car at affordable prices. na, Baščaršija - the old commercial center of the Ottoman Empire, the Gazi Husrev-Beg (Bey's) Mosque, Sarajevo belongs to one of the highest mountain re the Emperor's Mosque, the Ferhadija mosque, the Ali gions of Bosnia and Herzegovina and is located at an Pasha's Mosque, the Morić Han, the Clock Tower, the Old altitude of 511 meters. It is completely surrounded Orthodox Church, the Orthodox Church of the Nativity by mountains reaching 2000 m: Bjelašnica, Jahorina, of the Virgin Mary, the Catholic Cathedral of the Heart of Igman, Treskavica and Trebević. Jesus, the synagogue, a Neolithic archaeological site in Butmir, the Roman bridge, the Skakavac waterfall... The Sarajevo Canton is characterized by two climate types. The continental climate is up to 600 m above The walk through the old part of Sarajevo-Baščaršija th sea level, while continental-mountain and alpine is a walk through the city's history. From Ottoman climate is presented above that height. Some parts of neighborhoods with sweetshops, ćevabdžinica (kebab the Canton are suitable for certain activities, such as shops), cafes and craft stores, to the administrative and the mountain parts for winter recreation and tourism, cultural center of the Austro-Hungarian Empire, Saraje the city part for the housing, the southern parts for the vo includes the best of both periods. The people have food production. The Miljacka River with green banks time for family and friends, and it is often said here that flows through Sarajevo, from East to West. There are the value of a man is not measured by material goods, dozens of bridges on the Miljacka River, including the but by friends. famous: thr Kozija Bridge, the Šeherćehaja Bridge, the Emperor's Bridge, the Latinska bridge (Princip bridge), the Ćumurija bridge, the Drvenija bridge, the Čobanija Bridge, the Eiffel bridge, the Bridge of Suada and Olga (Vrbanja bridge), the Bosmal bridge... 17
Image 4. Panoramic views of Sarajevo 18
Basic information on the Sarajevo Canton
Gi'ad Sarajevo 1-?«JVIGRAD 2-JvOVO SARAJEVO The year 2014 iONIAR Basic data +SLAKIGKAD Area in km: 1.276,9 Municipalities: 9 Inhabited settlements: 244 Population: 444.851 Population growth: 346 Population density: 348,4 Net Salary in KM: 1.036 Tax Incomes in mill. KM: 105 Tax incomes P.'C in KM: 236 Export in naill.of KM: 918 Li^snd: Inaport in mill, of KM: 3.392 State border Investments in mill, of KM: 1.213 Entity border
Cantonal border
Slika 5. Basic information on the Sarajevo Canton
Federal Institute for Programme Development, Macroeconomic indicators by cantons 2014 19
Federation of B&H Sarajevo Canton Canton participation in FB&H Elements
2013 2014 2013 2014 2013 2014
Area (km2) 26.109 26.110 1.267 1.267 4,9 4,9
Population (present) in 2.337 2.337 443 445 19,0 19,0 thousands (estimated)
Tax income (in million) 262 283 96 105 36,6 37,1
Industrial poduction - 107,4 100,1 99,3 99,2 22,4 22,4 index
Export (MBAM) 5.548 5.779 916 918 16,5 15,9
Import (MBAM) 9.833 10.354 3.546 3.392 36,1 32,8
Export-import ratio in% 56,4 55,8 25,8 24,9 45,7 44,6 Trade balance in -4.285 -4.575 -2.630 -2.775 61,4 60,7 MBAM(deficit)
Employment - average 435.113 443.587 122.862 125.184 28,2 28,7
Working-age population 1.605.813 1.611.718 299.970 301.456 18,7 18,7 (15-64)
Labour force - number 827.055 835.852 195.355 196.599 23,6 23,5
Employment rate % 27,1 27,5 41,0 41,5 150,6 153,7
Activity rate % 51,5 51,9 65,1 65,2 126,5 125,6
Unemployment - (balance 391.942 392.265 72.493 71.415 18,5 18,2 as of 31.12.)
Unemployment rate % 47,4 46,9 37,1 36,3 78,3 77,3
Average wages (BAM) 835 833 1.029 1.036 123,2 124,4
Average pension (BAM) 347 365 417 440 120,2 120,5
The number of pensioners 388.676 394.900 84.655 85.768 21,8 21,7
Number of business 101.320 101.475 26.425 25.721 26,1 25,3 entities
Investment in new fixed 3.081 3.315 1.128 1.213 36,6 36,6 assets (MBAM)
Investment level 18,2 19,3 18,4 19,5 101,2 101,2
Table 3. Basic economic indicators in FB&H and the Sarajevo Canton
Federal Institute for Programme Development, Macroeconomic indicators by Cantons 2014 20
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GDP in thousands GDP/PC in BAM (per GDP/PC in BAM (per Canton Population (present) BAM capita) capita) FB&H = 100
Unsko - sanski 287.361 1.269.827 4.419 60,2
Posavski 38.669 223.077 5.769 78,6
Tuzlanski 499.144 2.676.929 5.363 73,0
Zeničko-dobojski 397.813 2.436.695 6.125 83,4
Bosansko-podrinjski 32.390 226.509 6.993 95,2
Srednjobosanski 252.573 1.304.147 5.163 70,3
Hercegovačko - neretvanski 224.029 1.888.180 8.428 114,8
Zapadno - hercegovački 81.527 497.634 6.104 83,1
Sarajevo Canton 444.851 6.207.821 13.955 190.0
Kanton 10 78.365 428.995 5.474 74,5
Federation of B&H 2.336.722 17.159.815 7.344 100,0
Table 4. Gross domestic products (GDP) by Cantons in 2014
Federal Institute for Programme Development, Macroeconomic indicators by Cantons 2014
Number of companies Municipality Within the legal Total Legal Entities Individual craftsmen entities
Center 6.567 4.372 1.475 2.195
Hadžići 817 377 257 440
Ilidža 3.665 2.303 1.142 1.362
Ilijaš 672 294 190 378
Novi Grad 5.024 2.575 1.363 2.449
Novo Sarajevo 4.729 2.987 1.164 1.742
Stari Grad 3.186 1.468 616 1.718
Trnovo 126 42 32 84
Vogošća 935 529 312 406
Sarajevo Canton 25.721 14.947 6.551 10.774
Federation of B&H 101.475 51.875 27.840 49.600
Table 5. The structure of business entities in the Sarajevo Canton in 2014 by municipality
Institute for Statistics of FB&H, Data Processing: Federal Institute for Programme Development, Macroeconomic indicators by cantons 2014 21
Parts of legal Legal entities Crafts entities
Total 14.947 6.551 10.774
A Agriculture, forestry and fishery 88 15 396
B Mining and quarrying 17 2 2
C Manufacturing 974 247 1.583
D Production and supply / Electricity, gas, steam and air 52 2 3 conditioning
E Supply / water supply; sewerage, waste management and 49 43 4 environmental remediation activities*
F Construction 727 55 426
G Wholesale and retail trade; repair of motor vehicles and 4.021 3.327 2.189 motorcycles
H Transport and storage 389 225 1.529
I Accommodation and food service (hotels and catering) 392 550 1.757
J Information and Communication 575 50 211
K Financial and insurance activities 157 261 39
L Real estate 337 38 33
M Professional, scientific and technical activities 1619 97 958
N Administrative and support service activities 462 178 204
O Public administration and defense; compulsory social 313 116 - insurance
P Education 284 98 43
Q Human health and social care activities 269 110 282
R Arts, entertainment and recreation 1.034 576 83
S Other service activities 3.160 561 1.030
T Activities of households as employers; various goods and - - 2 services - activities of households for their own use
U Activities of extraterritorial organizations and bodies 28 - -
*CEA- Classification of Economic Activities
Table 6. Registered business entities according to activity in the Sarajevo Canton
The Sarajevo Canton in figures 2015, Institute for Statistics of FB&H 22
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Trade balance Value in thousands BAM Index 2014/2013 Export-import Canton (deficit) in ratio in% Export Import Export Import thousand BAM
Unsko - sanski 224.207 293.580 106,5 105,1 76,4 -69.373
Posavski 90.946 129.593 101,1 103,6 70,2 -38.648
Tuzlanski 1.127.712 1.398.583 109,6 110,3 80,6 -270.871
Zeničko-dobojski 1.667.912 1.613.576 103,9 108,0 103,4 54.336
Bosansko-podrinjski 136.183 100.888 112,5 114,4 135,0 35.295
Srednjobosanski 579.077 815.613 108,8 109,2 71,0 -236.536
Hercegovačko - 552.268 996.709 83,2 89,9 55,4 -444.441 neretvanski
Zapadno - hercegovački 398.466 1.148.064 133,7 113,3 34,7 -749.598
Sarajevo Canton 917.503 3.692.006 100,1 104,1 24,9 -2.774.503
Kanton 10 79.334 148.021 98,3 90,6 53,6 -68.687
Federation of B&H 5.778.901 10.353.991 104,2 105,3 55,8 -4.575.090
Table 7. Foreign trade per Cantons in 2014
Indirect Taxation Authority, through the Agency for Statistics; Macroeconomic indicators by cantons 2014, Federal Institute for Programme
Development 23
Export-import ratio in Export Import Trade balance %
2013 2014 2013 2014 2013 2014 2013 2014
915.446 917.503 3.541.305 3.692.006 -2.625.859 -2.774.503 25,85 24,85
EXPORT AND IMPORT BY SECTIONS OF NACE
EXPORT, 000 KM IMPORT, 000 KM
2013 2014 2013 2014
TOTAL 915.446 917.503 3.541.305 3.692.006
Agriculture, forestry and fishery 8.371 9.403 69.413 89.605
Mining and quarrying 870 1.137 145.196 125.647
Manufacturing 521.058 615.910 3.260.995 3.419.463
Supply / water supply; sewerage, waste management 259.542 181.410 30.165 29.146
and environmental remediation activities
Other 125.605 109.643
Unclassified by categories 35.536 28.145
EXPORT AND IMPORTBY SECTIONS AND DIVISON OF SITC
EXPORT, 000 KM IMPORT, 000 KM
2013 2014 2013 2014
TOTAL 915.446 917.503 3.541.305 3.692.006 Food and animals 62.660 74.499 367.999 375.032
Beverages and tobbaco 22.614 16.353 121.902 122.790 Raw materials, inedible, except fuels 151.999 149.657 21.229 30.007 Mineral fuels, lubricants and related materials 260.389 182.049 1.074.941 1.063.088
Fats and oils of animal and vegetable origin 43 34 25.290 18.706 Chemical products 82.104 102.696 444.531 472.741 Products sorted by material 83.533 77.057 392.725 426.592
Equipment / Machinery and transport equipment 100.580 120.448 732.432 782.193 Miscellaneous manufactured products 144.878 194.710 360.167 400.745
Products and transactions 6.646 - 89 112
EXPORTS AND IMPORTS BY COUNTRIES OF DESTINATION, ORIGIN - TOP 10
EXPORT, 000 KM IMPORT, 000 KM
2013 2014 2013 2014
TOTAL 915.446 917.503 TOTAL 3.541.305 3.692.006
Germany 161.332 164.758 Croatia 961.943 925.092 Serbia 115.597 116.101 Germany 334.613 341.863 Croatia 218.163 95.121 China 288.127 326.847 Montenegro 57.394 84.877 Serbia 247.888 309.844 Russia 44.693 62.478 Italy 267.979 308.634 Slovenia 59.832 50.855 Slovenia 160.335 162.063 Hungary 3.104 22.704 Turkey 123.043 139.178 Italy 22.379 21.326 Russia 143.812 118.516 Kosovo 19.930 20.216 Hungary 116.381 98.502 Austria 14.997 19.346 Austria 89.548 91.870 Other countries 198.025 259.721 Other 807.636 869.597
countries
Table 8. Foreign trade, import and export - the Sarajevo Canton Indirect Taxation Authority, through the Agency for Statistics | Note: Previous data The Sarajevo Canton in figures 2015, Institute for Statistics of FB&H 24
_ _m
2014/2013
Federation of B&H The Sarajevo Canton
INDUSTRY - TOTAL 100,1 99,2
MAIN INDUSTRIAL GROUPS
Intermedial products 106,5 124,9
Energy 93,3 90,8
Capital products 98,5 99,3
Durable consumer goods 95,0 84,5
Non-durable consumer goods 102,4 99,1
ECONOMIC ACTIVITIES
Mining and quarrying 98,7 39,0
Manufacturing 103,7 101,7
Generation and supply of electricity and gas 89,9 90,8
Table 9. Gross Volume indices on industrial production-total. Per MIGs and KD B&H 2010 (NACE) sections and division in 2014
Federal Institute for Programme Development, Macroeconomic indicators by cantons 2014 r___ 5 25
1
Jit \
Image 6. New architecture 26
Organisation of government in the Sarajevo Canton
Legislative Authority
Cantonal Assembly Executive Authority
Government of the Canton Prime Minister
CANTONAL ADMINISTRATIVE INSTITUTIONS
Sarajevo Canton Planning Institute
Sarajevo Canton Development Institute
Sarajevo Canton Institute for Informatics and Statistics
Goods Reserves Directorate
Free Legal Aid Agency
CANTONAL INSTITUTIONS
Cantonal Administration of Civil Protection
Professional Fire-Fighting Brigade
Cantonal Inspection 27
Resources and business sectors in the Sarajevo Canton
The main economic resources in the Sarajevo Canton Agricultural Areas are agricultural lands, forests and forest land, drinking The Sarajevo Canton has considerable potential water, mineral, thermal and thermo-mineral waters, for various types of primary agricultural and food limestone, dolomite, clay and mineral resources. The production. The significant capacity for processing of most attractive sectors of the economy are agriculture agricultural products and food creates the conditions and food processing, wood processing, metal proce for the development of agricultural production, espe ssing industry, automotive industry, pharmaceutical cially meat-based, milk, cereals (pasta and pastry made industry, construction, energy, forestry, information from wheat, rye, barley and buckwheat), natural and and communication technology, tourism, banking and carbonated water, syrups and concentrates (fruit juices), financial sector. The human resources are the most medicinal herbs and forest fruits and others. Vogošća, important wealth of the Sarajevo Canton - talented Hadžići, Ilidža and Ilijaš have the best conditions for and qualified labour force, the potential for the deve growing fruits and orchards. At the same time, it is a lopment and adoption of new modern scientific and good opportunity to start a private business. All the technological achievements in various fields. municipalities have good conditions for growing ve getables. Agricultural land in the area of the Sarajevo Canton provides an opportunity for the development Institutions for Education, Science and Youth No. of inte-nsive and semi-intensive farming, depending on the land and soil, as well as for livestock development, Kindergartens 20 especially in mountainous areas.
Primary schools 76 The dairy industry in Bosnia and Herzegovina is one Schools for handicapped children 5
Secondary Schools 36 of the most competitive and best-kept branches of
Universities 40 agro-industry, whose export dominated over the total
American High School of Economics 1 export offood products on the Croatian market, before its
Institutes 5 accession to the European Union. Afterwards, it was successfully redirected to CEFTA 2006 markets, as
Table 10. Institutions for Education, Science and Youth well as to domestic market. The Food and Veterinary Office of EU (FVO) has given an approval to export milk to the European Union from dairies that have fulfilled the necessary conditions for export. These are the four B&H dairies: Dairy Meggle Ltd. Bihac, Mlijekoprodukt Ltd. Kozarska Dubica, Milkos dd Sarajevo and Livno Dai ry Ltd. Livno. 28
Image 7. Agriculture 29
Water Resources Forests allow the development of forestry through Water is an important element of economic rational use, economic function, development of development. The most important and most valuable diverse functions of forests, the development of rural resource of the Sarajevo Canton is drinking water of eco-tourism, collecting medicinal herbs and forest pro Sarajevsko Polje.There are about 1,383 sources of perma ducts as well as use of biomass for energy generation, nent or temporary character in the area of the Sarajevo especially for the development of sports and recreation. Canton. In addition to that, 25 drinking water sources, have been found at Sarajevsko Polje. Mineral waters The Law on Forests of the Sarajevo Canton ("Official have been found in Blažuj, Srednje and in the Jošanica- Gazette of the Sarajevo Canton", No. 5/13) lists the Vogošća area. The mineral water is found in 4 places in institutions in charge of business administration and the capacity from 10 to 15 l/s at Blažuj. Thermal waters management over the state and private forests in the were found at three sites, in Podlipnik near Srednje, Canton. The Cantonal Forestry Administration, within Butmir and Sokolović kolonija in Ilidža. The thermal the Ministry of Economy in the Sarajevo Canton, is in mineral water has been found only in Ilidža, with charge of the establishment and effective functioning temperature of 26-58C°. The use of this water is great, of the management and implementation of administra depending on its temperature and chemical tive activities, as well as of creation and implementation composition (medicine, recreation, sports, tourism, food of a single forest policy in the Sarajevo Canton. processing, chemical industry, communal hot water and heating energy for heating settlements etc.). "Sarajevo-šume" doo (LLC) Sarajevo is in charge of the management of state forests and forest lands in the Sa Forests and forest lands rajevo Canton. Forests and forest lands in the Federation of Bosnia and Herzegovina take over 50% of the total area, so they Mineral deposits have a significant economic potential. Therefore, the The Sarajevo Canton has been known for natural mi management and economic activities related to forests neral raw materials since pre-Roman times. Deposits of and forest lands are of vital interest. limestone, dolomite and clay are exploited. From mine The total area of forest land in the Sarajevo Canton is ral resources, deposits of mercury, manganese, ores of
82,998.88 hectares. With regard to the total area of the lead and zinc may have economic significance. Canton (127,690 acres), forest covers 65%, that is higher than the B&H average. Of the total area of forest land, 70,746.80 acres (85.24%) is in the state ownership and 12,252.08 acres (14.76%) in the private one. 30
Protected natural areas The natural areas in the Sarajevo Canton, declared as protected ones are: the landscape of "Bijambare", the landscape of "Trebević", and the natural monumenta "Vrelo Bosne" and waterfall "Skakavac". The total area of protected areas covers about 28% of the total area of Canton.
Tourism potential The Sarajevo Canton abounds with cultural-historical and natural values, the rich architectural heritage (there are about 891 buildings of architectural heritage in the Sarajevo Canton), historic urban areas, forests and high plateaus, flora, fauna and water, all of which represent a wide tourist offer throughout the year.
There are great opportunities for the development of tourism all over the year: mountain, farm, hunting, cultural, religious, congress, health, sports tourism etc. Tourism and related branches of tourism take an important place in the economic development of the Sarajevo Canton. The Canton offers great opportuni ties for skiing, snowboarding and other winter sports in the Olympic mountains of Igman and Bjelašnica. There are also opportunities for walking, fishing, mountain biking, climbing and paragliding. The most popular sports in the country are soccer, basketball, tennis, volleyball, swimming and table tennis. 31
ARRIVALS OVERNIGHTS
Total Domestic Foreign Total Domestic Foreign
2011 225.644 47.543 178.101 427.208 88.838 338.370 Hotels 216.192 45.583 170.609 407.091 84.922 322.169 Motels 1.260 374 886 2.970 528 2.442 Boarding houses and hostels 1.093 280 813 2.341 561 1.780 Private accomodation 669 18 651 1.512 19 1.493 Other 6.430 1.288 5.142 13.294 2.808 10.486 Number of beds 6.421 2012 268.673 56.922 211.751 512.434 103.995 408.439 Hotels 257.963 54.570 203.393 492.891 99.384 393.507 Motels 994 342 652 2.541 834 1.707 Boarding houses and hostels 1.123 243 880 2.249 379 1.870 Households 332 14 318 745 23 722 Other 8.261 1.753 6.508 14.008 3.375 10.633 Number of beds 5.577 2013 318.473 52.333 266.140 618.707 101.056 517.651 Hotels and similar accomm. 306.045 50.666 255.379 595.807 98.418 497.389 Resorts and other objects for short 4.589 1.073 3.516 9.023 1.865 7.158 accommodation 541 6.151 11.534 672 10.862 Camps 6.692 53 1.094 2.343 101 2.242 Other 1.147 Number of beds 6.876 48.276 253.043 579.553 90.774 468.779 2014 301.319 46.750 240.556 552.528 87.766 464.762 Hotels and similar accomm. 287.306 1.198 6.589 16.614 2.507 14.107 Resorts and other objects for short 7.787 289 4.841 8.341 439 7.902 accommodation 39 1.057 2.070 62 2.008 Camps 5.130 Other 1.096 Number of beds 7.554
ARRIVALS AND OVERNIGHTS ACCORDING TO DOMICILE COUNTRIES
ARRIVALS OVERNIGHTS 2011 2012 2013 2014 2011 2012 2013 2014
TOTAL 178.101 211.751 266.140 253.043 338.370 408.439 517.651 468.779 Croatia 32.755 36.045 43.466 35.301 55.080 60.859 74.077 60.491 Slovenia 18.849 19.186 20.786 17.341 28.320 29.849 34.037 27.532 Serbia 10.488 12.474 15.182 11.950 20.236 22.695 26.914 22.694 Montenegro 2.638 2.994 3.846 3.962 4.732 6.016 7.345 7.115 Austria 6.904 7.475 8.473 8.364 10.610 11.849 13.976 14.269 Belgium 914 1.179 1.437 1.654 2.041 2.600 3.130 3.812 Denmark 820 930 1.435 1.164 2.275 2.209 4.162 3.163 France 4.280 4.682 4.884 4.873 7.215 8.442 8.987 9.427 Netherlands 2.846 2.943 3.562 3.201 6.379 6.414 8.059 7.426 Italy 7.109 8.383 9.010 8.459 13.431 17.227 17.050 16.335 Hungary 2.448 2.873 3.518 3.225 4.555 4.699 6.622 5.306 Germany 8.285 9.298 9.798 10.791 16.489 17.929 19.475 22.235 South Korea - - - 15.868 - - - 17.573 United Kingdom 3.680 3.896 5.032 5.188 7.971 8.214 11.101 11.416 Japan 2.426 2.808 2.261 2.738 3.524 4.124 3.713 4.376 USA 5.646 6.559 6.737 8.721 14.576 14.649 15.975 21.711 FYR Macedonia 2.897 2.321 3.415 2.570 6.460 5.186 6.856 5.518 Sweden 2.221 2.321 3.548 4.148 5.120 5.186 8.525 9.611 Turkey 23.024 29.194 48.827 37.623 44.338 52.533 94.552 67.247 Kuwait - - - 6.505 - - - 25.907 Other 37.871 56.190 69.923 59.397 85.018 127.759 153.095 85.615
Table 11. Arrivals and overnights according to the types of buildings and domicile countries
Sarajevo Canton in figures 2015, Institute for Statistics of FB&H 32
Places to visit in the Sarajevo Canton
Baščaršija Baščaršija (the word "Baščaršija" comes from the word "baš", which means "main" in Turkish, so that Baščaršija means "main street" or "the square"), Sarajevo's old ba zaar was built in the mid 15th century. It is an economic, historical and cultural center of the city, built in the ori ental style, and its urban skeleton consists of structures built by the Isa Beg Isaković fund. A series of spacious plots are connected with a network of narrow streets. Baščaršija has souvenir shops, public fountains, as well as the colourful bazaar, where traditional objects of metal, jewelry, pottery, spices, traditional Bosnian food, nuts are sold ... Baščaršija streets are still named after the crafts that flourished during the peak of its histo ry. Every street in Baščaršija is dedicated to a particular trade, with products made in a traditional way.
Image 8. Baščaršija 33
Vrelo Bosne The Vrelo Bosne is the source of the river Bosna, located southwest of Sarajevo, below the slopes of the olympic mountains Igman and Bjelašnica. The richness of nature in this area, which attracts a large number of visitors, is reflected in the quality of drinking water, recreation areas and attractive natural greenery. The Vrelo Bosne is located in Ilidža area and covers an area of 603 acres. The footpath, framed with plane and horse chestnut trees, about four kilometers long, leads to the Vrelo Bosne and it is ideal for walking, jogging, rollerbla ding and biking. The distinctive feature of the the Vrelo Bosne are horse - drawn carriages, which have opera ted for mor then a century, along the Velika aleja, from Ilidža to the Vrelo Bosne.
Image 9. Vrelo Bosne 34
The City Hall The Sarajevo City Hall is the most beautiful and the most representative building from the Austro-Hungarian period, built in the pseudo-moorish style. The building of the City Hall was officially opened in 1896. After World War II, the City Hall was the seat of the administration of Sarajevo. Between 1945 and 1949, the City Hall was the seat of the Sarajevo District Court and the Bosnian Parliament.
Image 10. The City Hall 35
Protected landscape of "Bijambare" "Bijambare" is a legally protected area of the Sarajevo Canton, which includes dense pinewood forests, pastures, many phenomena such as sinkholes and cashmas of two streams and six caves. Remains of cavemen, tools for stone processing, and the remains of some animals were found in one of the caves.
image 11. Protected landscape of "Bijambare" 36
Mt Bjelašnica Bjelašnica is located southwest of Sarajevo, at a distance of only 25 km from the city. This is one of the leading and highest ski resorts in Bosnia and Herzegovina. This mountain is covered with green grass in summer and with snow up to 3 m in winter. Many sports and tourist facilities, which are still in use, were built in Bjelašnica for the XIV Winter Olympic Games in Sarajevo, 1984. The altitude of Bjelašnica is 2067m.
Image 12. Mt Bjelašnica 37
Mt Igman Igman is located southwest of Sarajevo, surrounding Mt Bjelašnica and part of Ilidža. The altitude of Mt Igman is 1502 meters, which ranks it among the lowest Sarajevo's mountains. Igman is a popular destination for hiking and skiing. There are still plenty of facilities on Igman dating from the Sarajevo Olympic Games. Today, Igman is one of the leading tourist attractions near Sarajevo. Igman is an area of the lowest recorded temperature in the region - 43 °C.
Image 13. Mt Igman 38
Skakavac Waterfall Skakavac Waterfall (98 meters high) is located only 12 km from the center of Sarajevo and it is one of the most beautiful and attractive places for relaxation where spruce and fir and beech forests, as well as endemic and rare species can be seen. Skakavac Waterfall is the highest waterfall in Bosnia and Herzegovina and the fifth highest waterfall in the Balkans. This area offers opportunities for the development of different kinds of sports and recreational tourism such as hiking, biking, sightseeing and ecotourism.
Image 14. Skakavac Waterfall 39
LEGAL FRAMEWORK FOR INVESTMENT
1. Why, who, how and in which way to invest? • Who may invest? The Sarajevo Canton is the most developed Canton in • Domestic natural and legal entities and the Federation of B&H, geographical, administrative • Foreign natural and legal entities. and economic center. It has: • Availability of preserved natural resources and The laws that regulate investment by foreign natural beauty (rivers, drinking water, thermal and mineral persons and legal entities are as follows: resources, agricultural land, forests); • Law on Direct Foreign Investment in Bosnia and • The advantageous geographical position of the Herzegovina ("Official Gazette of B&H", No. 17/98, country, which is located in the center of Europe; 13/03, 48/10 and 25/15); • The long tradition of industrial production and the • Law on Foreign Investment of the Federation large number of available industrial zones, attracti of B&H ("Official Gazette of B&H", No. 61/01 and ve locations and production facilities; 50/03); • Favorable and transparent legislation for foreign • Law on Companies of FB&H ("Official Gazette of the investors, as well as low taxes; FB&H" No.: 23/99, 45/00, 2/02, 6/02, 29/03, 68/05, • Availability of quality and educated labour force; 91/07, 84/08, 88/08, 7/09, 63/10 and 75/13); • A stable currency; • Law on Foreign Trade Policy ("Official Gazette of • Acceptable cost of utilities; B&H" No. 7/98 and 35/04) • Signed regional and bilateral trade agreements; How to invest? • Foreign investors have the same status as domestic • By establishing own business; investors in terms of rights and obligations; • By investing in an existing company; • The potential for the development of the ICT indus • By establishing a joint company and associating try; with other companies; • Favourable conditions for rural development • Through public-private partnerships and (structure of land for horticulture, livestock, vege • Through other specific forms of investment. table growing, eco-resources and forest products); • Tourism potential and tradition, cultural and his torical tourism, mountain tourism - Olympic city, congress tourism, religious tourism, health tourism, development opportunities, hospitality and hotels; Healthy food; The hospitality of the inhabitants; The proximity of European markets; Good traffic connection; On the way to access the European Union... 40
Establishing own business 2. Limited partnership (LP) is a company in which The establishing of own business company is one or more members have unlimited liability for the regulated by the Law on Companies of the Federation of company with all its assets (general partner), and one or B&H ("Official Gazette of FB&H" No. 23/99, 45/00, 2/02, more members are responsible for the company's obli 6/02, 29/03, 68/05, 91/07, 84/08, 88/08, 7/09, 63/10 gations only up to the amount of their investments re and 75/13). Pursuant to Article 2 of the said Law, the gistered in the register of companies (limited partners). company may be organised in one of the following forms: A limited partnership is established by contract, which must contain the following information: 1. Unlimited Joint Liability Company (UJLC) is the • Company name and registered office; company of least two persons with unlimited • Name and address, or company name and solidary responsibility for company commitments. This residence of members; kind of a company is founded by a contract on the • Determination which members are complementa establishment, which must contain the name and ry, and which ones are limited partners; address of residence or company and headquarters of • The type and amount of deposit for each member, the society members, company, address and activity of and the company and the rights and obligations of members. • Activities of the limited partnership. Changes and amendments to the contract are made with the consent of all members, and an application for There are no requirements for minimum or maximum registration of the unlimited joint liability company into initial capital; (Article 96-106.). register is signed by all members of company. 3. Joint Stock Company (JSC) is a company whose The contribution of members of the company with initial capital is divided into shares. Companies can be unlimited solidary liability may be in cash, goods, rights opened and closed. An open joint-stock company is or performed services. The members' investments a legal entity (bank, insurance company or compa have equal value, and the value of the goods, rights, ny) with a minimum capital of 4 million BAM and a and services is determined by the Founding Contract. minimum of 40 shareholders whose shares are issued Each member will pay or enter his own stake in the time through a public bid. Closed joint-stock company is a determined by the contract, and if the deadline is not company whose shares are distributed among a limited agreed, no later than two months after the entry of number of shareholders. The minimum initial capital is the establishment of the company in the register of 50,000 BAM (Article 107-308.). companies. The investments thus become the property of the corporation. There is no minimum or maximum capital (Article 78-95.). 41
4. A limited liability company (LLC) is a company whose Establishing a joint company and associating with capital stock is divided into portions. A shareholder is other companies responsible by his/her share of the number of found The establishment of a joint company is carried out ers. Shares of the founders of a limited liability compa according to the procedure which is laid down for one ny may be different, and each shareholder may acquire of the forms of company organization (LP. JSC, or LLC), one share. A limited liability company is founded by a whereas association with other companies may be contract in writing, concluded between the founders, conducted through the following forms of business whose signatures are certified in accordance with the cooperations: law. When a limited liability company is founded by • Long-term production cooperation, under which, only one founder, the founding act is the founding deci pursuant to Article 18 of the Law on Foreign Trade sion. The minimum initial capital for a LLC is 2,000 BAM Policy ("Official Gazette" No.7/98 and 35/04) me (Article 309). ans any long-term contractual relationship for at
Investment in an existing company least three years between a domestic legal person The ways of investments in existing company are regu performing production activities in Bosnia and lated by: Herzegovina and foreign legal person, concerning • Law on Direct Foreign Investment in Bosnia and development, introduction of production, pro Herzegovina ("Official Gazette", No. 17/98, 13/03, duction and mutual supply of products and their 48/10 and 25/15); component parts. (Law on Obligatory Relations, • Law on Foreign Trade Policy ("Official Gazette" No. "Official Gazette of R B&H" No. 2/92 and 13/93, 7/98 and 35/04); applicable as the Federation of Law pursuant to • Law on Companies of FB&H ("Official Gazette of Article IX.5. of the Constitution of the Federation of FB&H" No. 23/99, 45/00, 2/02, 6/02, 29/03, 68/05, Bosnia and Herzegovina ("Official Gazette of B&H" 91/07, 84/08, 88/08, 7 / 09, 63/10 and 75/13); No. 1/94 and 29/03). • Law on Foreign Investment of the Federation • Business and technical cooperation (Law on of B&H ("Official Gazette of B&H", No. 61/01 and Direct Foreign Investment in Bosnia and 50/03). Herzegovina ("Official Gazette", No. 17/98, 13/03, 48/10 and 25/15), the Law on Foreign Trade Policy ("Official Gazette" No. 7/98 and 35/04), Law on Foreign Investment ("Official Gazette of the Federation of Bosnia and Herzegovina" No. 2/95 and 14/97) and the Law on Foreign Investments ("Official Gazette of B&H" No: 61 / 01 and 50/03). 42
Through other special forms of investment Use of agricultural land; In the Sarajevo Canton, investment can be done Use of medicinal, thermal, mineral and thero-mine- through concessions and BOT (build-operate-transfer) ral water for heating; contract for the construction. Systems for hydro-thermal treatment and systems Article 2 of the Law on Concessions of Sarajevo Canton for the extraction of materials from watercourses ("Official Gazette of SC" No. 27/11 and 15/13) defines and water areas; the term of concessions as "giving the right for use na Research and/or use of mineral resources, tural resources, goods in general use and performance including secondary mineral resources regulated of activities of general interest, which the competent by a separate law; cantonal authority (hereinafter: Concessor) grant for a All types of energetic power and other mineral limited time, subject to payment of concession fees, to raw materials, including all types of salts and salt domestic or foreign legal or natural person registered waters, regulated by special laws; for performing economic activities." Solid waste disposal; Recycling of metal and non-metal waste and scrap; Management of hunting grounds and commercial Possible subjects of concessions are provided by Article fishing; 6 of the same Law: Hotels and other touristic facilities; • Construction and/or use of roads in the Canton; Particular activities within the protected natural • Construction and/or use of facilities in the field of areas, and the use of other protected natural values energy and energy media (hydro-energy facilities, and caves; power plants, thermal power plants, wind energy Health and pharmaceutical services in accordance facilities, pipelines), with installed capacity up to 5 the Law on Health Care and Health Insurance Law; MW; Sports and recreational facilities; • Construction and/or use of facilities of water All other activities suitable for the concession assi- management and water supply (reservoirs, water gnement. supply facilities, use of rivers and other waters); • Utilities (water supply, district heating, funeral services and others); • Cantonal and municipal transport of persons; • All regular transport services for passengers in the Canton; • Economic, sports and touristic use of the cable car; 43
The concession agreement is concluded for a definite How to invest? period provided that this period shall not be less than Foreign investments in Bosnia and Herzegovina are five and nor more than thirty years. The concession regulated by the following regulations: agreement may be renewed for a period not exceeding • The Law on Direct Foreign Investment in Bosnia half of the originally contracted period under the terms and Herzegovina ("Official Gazette", No. 17/98, of the complete fulfillment of the concession contract 13/03, 48/10 and 25/15); and on the basis of the feasibility study for granting • The Law on Foreign Trade Policy ("Official Gazette" concession. No. 7/98 and 35/04); • Law on Foreign Investment ("Official Gazette of The duration of the concession will be determined in a B&H" No. 61/01 and 50/03); manner that does not restrict market competition more • Decision on foundation of representative office than is necessary in order to ensure the amortization of foreign persons in Bosnia and Herzegovina of the investment of the concessionaire and a reaso ("Official Gazette" No. 15/03) nable return on the capital invested, while taking into account the risk associated with the use of economic A foreign investor must obtain approval from the concessions. Ministry of Economy of the Sarajevo Canton to establish its own institution. The question of specific forms of investment
(concessions and BOT contracts) is regulated by the Laws governing the process of registration of com following laws: panies in the court register • Law on Concessions ("Official Gazette" no. 32/02 • Framework Law on the Registration of Business and 56/04) Entities in B&H ("Official Gazette" No. 42/04) • Law on Concessions ("Official Gazette of B&H" no. • Law on Registration of Business Entities in FB&H 40/02, 61/06) ("Official Gazette of FB&H" No. 27/05, 68/05, 43/09 • Law on Concessions of the Sarajevo Canton and 63/14) ("Official Gazette of Sarajevo Canton" No. 27/11 • Decision on the conditions for the opening and and 15/13). operation of representative offices of foreign entities in the Federation of Bosnia and Herzegovina ("Official Gazette of B&H" No. 7/95). 44
2. How to establish a company (enterprise) in the The minimum amount of the founders' equity is Sarajevo Canton and how to invest and not to esta determined by the Law on Companies of the blish a company? Federation of B&H ("Official Gazette of the Federation B&H", No. 2 3/99, 45/00, 2/02, 6/02, 29/03, 68/05, 91/07, How to invest and not to establish a company? 84/08, 88/08, 7/09, 75/13): An investor with disposable capital may enter into a • Company with unlimited liability (CUL) - original commercial agreement with a local partner in order capital has not been determined; to implement a specific project with a local partner is • Limited partnership (LP) - original capital has not as implementer. (Law on Obligatory Relations "Official been determined (minimum 2,000 BAM); Gazette of B&H" No. 2/92 and 13/93, applied as the • Joint-stock company (JDC) - 50,000 BAM; Federation Law pursuant to Article IX.5 of the Consti • Limited liability company (LLC) - 2,000 BAM (indivi tution of the Federation of Bosnia and Herzegovina dual deposit cannot be less than 100 BAM). "Official Gazette of B&H" number 1/94 and 23 / 03). The third step is the registration of the company at Mu Procedure for company registration in the Sarajevo nicipal Court in Sarajevo. Canton Thefirststepistoprepareanddesignacontract&decision In the fourth step, on the basis of decision from the on establishment of the company. This procedure is registration court on registration of the company, the regulated by Articles 79 and 97, 109. 110. and 311 company stamp should be made by an authorized of the Company Law ("Official Gazette of B&H" No stamp-maker. 23/99, 45/00, 2/02, 6/02, 29/03, 68/05, 91/07, 84/08, 88/08, 7/09, 63/10 and 75/13). If the founder of the In the fifth step, when applying for the issuance of company is one person, the company is created by the identification (statistical) number and tax number (VAT decision. In the case of several founders, then the con number) in the cantonal Office of Tax Administration tract is concluded on the establishment of the company. of the Federation of Bosnia and Herzegovina and in This contract must be certified by a notary. accordance with the Regulations on Obtaining Identifi cation Number and Tax Registration in the Federation of The second step is to pay initial capital into a B&H ("Official Gazette of B&H" no. 39 / 02,11/04, 2/10, commercial bank of one's own choice. 83/10), the taxpayer shall submit the application for tax registration with the enclosed documents defined by the Regulations. 45
Article 8a of the Regulation governs the tax • On the basis of the documentation referred to in registration and assignment of identification numbers Section 4 of this Article, an authorized employee of for legal entities where the registration court is. That the Tax Administration registers the taxpayer and process is carried out as follows: issues a certificate of tax registration, which co • Assigning identification number for legal enti ntains the identification number of the taxpayer. ties, whose registration authority is the court, will be made before tax registration, based on the The sixth step means that after receiving the deci application for entry of the subject of registration sion from the court registry the founder opens a bank and enrolment portion of the subject, which the account in one of the commercial banks of this own competent court will submit in electronic form to choice. cantonal tax office according to the residence of the business entity. Activities in the seventh step are stipulated by Article • Based on data from the application of Paragraph 7 of the Law on Companies of the Federation of B&H 1, Item 1 of this Article, the authorized employee ("Official Gazette of the Federation B&H", No. 23/99, of the Tax Administration checks whether all the 45/00, 2/02, 6/02, 29/03, 68/05, 91 / 07, 84/08, 88/08, requirements for the allocation of an identification 7/09, 75/13): number are fulfilled according to the regulations of the Law on Indirect Taxation System in Bosnia and "The company may, as its activity, perform all activities, Herzegovina, the Law on Business Registration and except those which, by law, can not be carried out as the Company Law. an economic activity. The law may stipulate that certain • If it is determined that there are no disputed activities can be performed only on the basis of prior facts for tax registration, the competent tax office approval or another appropriate act of the competent assigns a 13-digit identification number and no authority. The company may begin to operate as of date tifies the court in electronic form on the assi of entry in the register of companies and when it su gned identification number for recordingit in the bmits notice of commencement of activities and fulfi register. lment of the conditions prescribed for performing tho • The taxpayer - legal entity is obliged to submit the se activities to the authority responsible for inspection. following documents: The competent authority in the inspection procedure supervises the fulfilment of the conditions of technical a) two copies of the completed application form for equipment. If the Company conducts business contrary tax registration (registration form is an integral part of to the provisions of Article 7 of the Law on Companies, these Regulations); the competent authority, during inspection, issues a de b) a copy of the decision on entry into the court registry. cision declaring that the Company is forbidden to per form these activities until the defects are eliminated." 46
The eighth step involves the registration of employees Specifics when the founder or co-founder is a for for health and pension insurance, which is regulated by eign entity the Law on Single System of Registration, Control and In the case when the founder or co-founder is a foreign Collection of Contributions ("Official Gazette of B&H" person, it is necessary to: no. 42/09, 109/12). Persuant to Article 14 of this Law, the • Obtain consent to the Articles of Incorporation (contract or decision on the establishment of the taxpayer submits to the tax authority an application for registration into a single system for each new employee company) with the Ministry of Foreign Trade and within seven days from the date of commencement of Economic Relations of Bosnia and Herzegovina, work of the insured. The taxpayer submits the applica Sarajevo, Musala 2 Street. Fee for approval is 55,00 tion persuant to Articles 12 and 13 of this Law within KM; seven days from the date of change. At the same time, it • To make a registration in the Single Company Re is necessary to submit the following documents: court gister at the Ministry of Foreign Trade and Econo decision on the registration of the company, certificate mic Relations. ID number and statistical number and form JS 3100. 3. Public-Private Partnership in the Sarajevo Canton
The ninth step provides that, entities that register "Public-Private Partnership (PPP) refers to forms of co foreign trade business, should get the customs code operation between public and private sectors in order from the Customs Administration. to ensure funding, construction, renovation, manage ment and maintenance of an infrastructure or the provi
Finally,Regulation on matters of salary, work organiza sion of services." ("Green Paper on PPP" and "Guidelines tion, discipline and other rules related to employees for Successful Public-Private Partnership" in 2003). The are adopted and published. There by-laws are poa- contractual forms of public-private partnership are as ssed by the company body authorized to issue inte follows: rnal rules and by-laws. • The concession model for the public service - this model establishes a direct link between the private partner and end-user services. The private partner (concessionaire) provides a service instead of a pu blic institutions but under its control, and doing that, realizes an income generated by the payment of end-users, or (and) government subsidy. The concession can be given for buildings that have already been built with the aim of more efficient management of public facilities or goods or for ob jects that are yet to be built. 47
PROCEDURE OF LAND ALLOCATION AND PERMITS FOR CONSTRUCTION
• Private Finance Initiative (PFI) is the system by 1. Land regulation and approval of construction which the private partner designs, finances, builds, operates and maintains the facility for the unit of According to Article 57 of the Law on Spatial Planning the public sector. With PFI, the private partner shall ("Official Gazette of the Sarajevo Canton" No. 7/05), the be paid by the public partner. With this PPP model, construction of buildings is carried out in accordance the constructed buildings remain in public owner with the rule, on developed construction land. In the ship. inner urban area, the construction of buildings is • Rent - a model in which the private partner does carried out only on the developet construction land. not invest in the project, but manages it in a The construction can be done on undeveloped certaintimeframeandatthesametimechargesforits building land, under the acondition that the land se-rvices from the user. development its done, during the construction of the • Projects to build, use and transfer of ownership building, and at the latest, until the certificate of occup to the government (BOT: build-operate-transfer) ancy has been issued. and projects, taking ownership and use (BOO: build-own-operate). BOT projects refer to those Land development is conditioned by the conditions set projects in which the private investor constructs, forth in urban permit and approval for construction, uses and transfers the object. The private partner which includes the development of construction land: has an ownership of the project contract term, and after the expiry of the contract period, the owne According to Article 59 of the above Law, the land rship is transferred to the state. BOO project means development includes: that at the end of the period of the award of a co • Solving property and legal issues; ncession, the ownership of the constructed project • Land divison into plots; does not transfer from a partner to the state but the • Removal of existing buildings, realocation of investor retains the ownership. overhead and underground installations in accordance with the spatial planning; Legal Framework for public-private sector in • Land improvement (landslides protection, Sarajevo Canton drainage, water regulation, etc.); For regulation of PPP in the Sarajevo Canton, the • Documentation design and works on protection following laws are applied: of construction and natural heritage that might be • Law on Public Procurement ("Official Gazette" No. endangered by the activities of land development. 39/14); • Law on Foreign Investments in the Federation of B&FI ("Official Gazette of B&FI" No 61/01 and 50/03); • Law on Concessions of the Federation of B&H ("Official Gazette of the FB&H" No. 40/02,61/06). 48
The land Development includes: In addition to the construction, the provisions of these Construction of roads (pavements, sidewalks, pe laws apply to the reconstruction, additional building, destrian crossings, squares, parking lots, garages); change of use and conservation. Approval of the con Construction of access to the public buildings to struction and approval of performance of other ope ensure the smooth movement of disabled persons; rations in the space implies the implementation of the Construction of the public lighting, vertical traffic procedure of issuing urban, construction the use per signalization - traffic lights; mit. development of public green spaces, leisure areas, parks, playgrounds, pedestrian paths, the planted The procedure for issuance of urban permit lawns, childrens playgrounds, public toilets; Urban permit is an administrative act, which is Construction of the drainage and treatment of sur issued when it is determined that the construction is in face and waste waters; accordance with the spatial planning, the other condi Construction of buildings for water supply, distri tions laid down for that space, Law on Spatial Planning, bution of electricity, gas and other energy, tele special laws and regulations based on those laws. communications facilities and equipment; Arrangement of landfills and construction of To obtain an urban permit a certain land, it is buildings for processing and disposal of waste; necessary to submit a request to the Head of Municipa Regulation of water streams, and lity, the Mayor or the Ministry, depending on the level of arrangement of riverbanks and water areas. competence.
The request is submitted to the municipal mayor in the The owner or the investor bear the costs of land de case of: velopment. Approval for the construction of buildings • Construction of buildings and other interventions and other activities in the area can be obtained for the on the territory of the municipality; execution of works on the construction land and areas • Construction of communication and energy infra established by spatial planning, persuat to the Law on structure in the municipality, or for part of the inf Spatial Planning ("Official Gazette of Sarajevo Canton" rastructure relating to the municipality. No. 7/05), special laws and regulations pass on the basis of these laws and in accordance with the Law on Admi The request is submitted to the mayor in the case of: nistrative Procedure. • Construction of buildings in the territory of two or more municipalities within the city; • Construction of buildings and carrying out of works of interest to the city. 49
The works of interest to the City shall be determined by In addition to the request for issuing urban permit, envi a special regulation of the Mayor with the prior opinion ronmental permit should be attached for the building, of the Government of the Sarajevo Canton. as provided by special law. Depending on the complexi ty of construction, the competent authority can require The request for an urban permit shall be submitted to other documents for issuing the urban permit. the Ministry of Spatial Planning, Construction and Envi ronmental Protection for: Construction Approval • Construction of buildings that are of interest to the Pursuant to Article 98 of the Law on Spatial Planning Canton; of the Sarajevo Canton, the construction permit is an • Construction of buildings in the areas of two or administrative document which is issued once it is more municipalities which are not part of the city; established that the construction is consistent with • Construction of buildings with usable area is over the Spatial Plan and other conditions laid down by the 5000 m^ and for which the Ministry passed the con Law on Spatial Planning, special laws and regulations struction approval procedure. The Government of adopted on the basis of these laws and urban permit. the Sarajevo Canton will identify the buildings and works of interest for the Canton. The request for construction permit approval should be submitted to the competent authority in accordance In addition to the request for the process of constru with the provisions of Article 84 of the Law on Spatial ction, the Law on Spatial Planning requires the fol Planning of the Sarajevo Canton. lowing documentation: The request for the construction permit approval • Copy of cadastral plan and land registry entry; should be submitted to: • Concept projects or design or programme outline, depending on complexity of the construction; • Ruling, decision, agreement or permit as regulated The Head of Municipality for buildings that are by a special law; being built in the municipality; • Justification of the application including data re The Mayor, for buildings that are being built in the quired for identification of the urban-technical and area of two municipalities within the city or the other conditions. buildings of interest to the City. 50
• Ministry of Spatial Planning, Construction and The evidence on the construction right in terms of the Environmental Protection of the Sarajevo Canton Spatial Planning Law of the Sarajevo Canton, includes for buildings, which are of interest for the Canton, the following: buildings that are being built in the area of two or more municipalities which are not within the • Ownership that is confirmed by registred land city, the buildings with the usable area exceeding certificate; 5,000m2 or which may have a negative impact on • Valid court verdict or decision issued by the co the environment in the Canton. mpetent authority on the basis of which the investor acquired the ownership right or the Pursuant to Article 99 of the Law on Spatial Planning construction right; of the Sarajevo Canton, the request for an approval of • Valid decision on the allocation of the land to the construction should be accompanied by: investor to use it for construction of the building as Valid urban permit; stated in the urban permit; Registered land certificate • Contract on partnership signed with the land Evidence of the construction right; owner and / or real estate owner, for the purpose of Main or implementation project, two copies; joint construction; Approval of the project documentation; • Contract on concession by which the right to Translated main (implementation) project with a construct is acquired; certificate of nostrification in the cases pursuant to • Contract on the basis of which the investor Article 115 of this Law; acquired the ownership or construction right. Agreements obtained in the procedure for the issu ance of the urban permit for the building; If the investor submits a construction project, it is not Other attachments as specified by a special law. necessary to develop the final design.
If the investor presents the final design, the construc tion project must be developed before submitting the application for getting the permit. 51
Approval for construction is issued by the authority Use Permit which brought the decision on urban permit. Appro val for construction will be provided within 30 days as The finished building can be used, put into function, of the date of the submission of the application. In the and decision can be issued for carrying out activities procedure of issuanceing the construction approval, under a special regulation, only after the relevant au the competent authority checks whether the main or thority has issued a decision - permission for its use. Use construction design has been made accordens with permit shall be issued after the technical inspection of the urban permit, this law, technical regulations. for approved and completed works. (Article 131 of the Law the construction of the relevant types of buildings. The on Spatial Planning of the Sarajevo Canton) competent authority is obliged to notify the applicant in writing if he/she has not fulfilled the prescribed The investor submits the request for use permit to the conditions for the issuance of construction permits relevant authority, which issued the approval for the and advices the application to supply the required do construction of buildings. cumentation. The applicant is required to complete the application within the given time, and no later than 15 The application must include: days from the receipt of the written notice. • a copy of the construction permit; • a copy of the registred land certificate indicating Construction permit shall become invalid if the the location of the building construction or works does not have commenced • written statement of the contractor on the works the period of one year as of the date when the and conditions of construction maintenence; construction permit has been issued the deadline for the • written report on construction supervision. construction permit can be extended for another year if conditions are changed. Pursuant Article 106 of the Law The relevant authority, which has issued the on Spatial Planning of the Sarajevo Canton, the change construction permit, is obliged within 15 days of of ownership of the building during construction is re the receipt of the complete application, to nomina gulated. The relevant authority shall, in that case, make te the commission which will conduct the technical changes to the construction permit. inspection of the building.
In addition to request for amendment, the new investor The technical inspection determines that the building is obliged to submit as follows: is constructed in accordance with the construction • Valid construction permit; permit and certified technical documentation, techni • Evidence on the right to build on a certain real cal regulations and standards, as well as special regu estate i.e., that he has acquires ownership of the lations. building on the basis of a legally valid document or by virtue of inheritance. 52
The relevant authority that has issued the construction Real property (real estate), includes land, buildings permit is obliged to inform the investor, the President intended for permanent use, which cannot be moved and the members of the Commission on place, date and without damaging their essence and special parts of time when the technical inspection will take place. buildings (apartments and offices), and appurtenances of these things until, by law or by the will of the owner, 2. Ownership right and the right to use construction they serve for exploitation of the main thing (real estate land by purpose).
Ownership right A separate law defines things in common use and the Law on Ownership-Legal Relations ("Official Gazette of manner of their use. B&H" No. 06/98) defines the concept of ownership as the right to posses, use and dispose movable property The right to use land for construction or real estate in accordance with its character and pu According to Article 17 of the Law on Construction rpose. Every person is obliged to restrain from the vi Land of the Federation of B&H ("Official Gazette of olations of the ownership right of another person. Any B&H" No. 67/05), the right to use land for construction natural or legal entity has the right peacefully enjoy entitles its holder to construct a building at the urban his/her ownership, individually and in association with construction land under the terms of the construction others, to trade the subject of their property, to esta permit in accordance with the Law on Spatial Planning. blish the rights of real and personal easement, to build, have an actual burden on it and to pledge it. No one The right to use land for construction is the right of the may be expropriated from its ownership except in the user of city construction land to use it without being public interest and subject to the conditions provided disturbed by others, until the building is constructed, by law and by the general principles of international technically approved and until the ownership right to law. the building is entered into the land register.
The subject of ownership rights are movable and When, under the applicable laws, the building is immovable assets. constructed on the town construction land in relation to which the right to use the land for construction is Mineral resources, water, wild animals, fish and other acquired pursuant to provision of the law, the right to free parts of nature are considered to be things, when use land for the construction purpose shall cease to one has a possession over them. By Law on Ownership- exist and the ownership right shall thus be acquired. Legal Relations and the regulations adopted under the Law, it is determined who and under which conditions by occupation (based on the concessions, licenses, etc.) acquires the right of ownership of these things. 53
3. Allocation of urban construction sites Article 46 of the Law on Construction Land of FB&H The Municipality Council shall give an undeveloped stipulates that the conditions and manner of granting construction land for construction of buildings for fair urban construction land for construction use as well compensation. as the process and criteria for determining the priority in the competition or direct agreement, are governed Article 44 of the Law on Construction Land of the Fe by the decision of the municipal council in accordance deration of B&H ("Official Gazette of B&H", No. 67/05), with the programme of housing and other construction stipulates that the urban construction land is alloca in the municipality. The same decision prescribes closer ted for use for construction purposes on the basis of criteria for determining the fees for allocated urban public tenders announced in the media, under condi construction land for use and for determination of the tions, manners and procedure regulated by this Law compensation for the actual costs of construction land. and the regulations issued by this Law. Decision of the Municipality Council determines certain works carried out by the authorised legal entity (the Urban construction land is allocated by direct bargain implementation of the tender, contracting, etc.). for construction use of: If the urban construction land is allocated for use for • Military buildings and buildings for official use of construction on a competitive basis, the criteria for de the state authorities (allocation in for the constru termining the priority must be in line with the policy ction of apartments and housing is not possible); of housing and other construction in the municipality • facilities for the foreign diplomatic and consular and ensure the rational use of urban construction sites, missions; as well as the realisation of other public interest in the • facilities of utility infrastructure. construction and spatial planning.
Urban construction land cannot be allocated to natural If more investors meet the conditions established by persons by direct agreement. Exceptionally, the natu the programme of the municipality regarding the ral person may be awarded by direct agreement with urban construction land, investors will compete in the other parcels in the process of compensation for expro tender procedure. priated and exempted land in accordance with the Law on Construction Land of the Federation of Bosnia and Herzegovina. 54
4. Assignment of urban construction land, issuing 5. The rights of foreign investors in terms of disposal urban permit, construction permit, use permit and of construction land property registration The Law on Ownership-Legal Relations of FB&H ("Of • The Head of Municipality and the Mayor are obli ficial Gazette of the Federation of Bosnia and Herzegovi ged every year to announce locations for constru na" No. 6/98) the Articles 87-93 (Chapter VIII) regulates ction in accordance with the Spatial Plan - and to the following: carry out the tender procedure: • Foreign natural and legal entity can be a holder • Investor who obtained the urban construction land of ownership right on movable assets as well as in the tender procedure submits an application for domestic natural or legal entity, unless Federati the Urban Permit issuance; on Law provides otherwise. On the territory of the • The Urban permit is to be issued within 30 days, Federation, foreign natural persons can be the and within 60 days at the latest; holders of property right of ownership of land • The Urban Permit is valid for one year, and in and building acquired by inheritance, as well as exceptional cases, its validity can be extended for the citizens of Bosnia and Herzegovina and the one more year; Federation, unless an International Agreement • After meeting the conditions established in the provides otherwise. Urban Permit, the investor submits an application • Foreign natural and legal entities conducting for the issuance of Construction Permit activities in the Federation can be the holder of • Construction Permit is to be issued within 30 days, ownership right to business buildings, offices, flats and within 60 days at the latest; and housing buildings as well as on construction • Construction Permit is valid for two years during land on which the objects inquestion have been which period the building construction has to constructed or will be constructed. Exceptionally, begin; the provisions of Paragraph 1 of this Article, a Fe • The validity of Construction Permit can be deration Law may provide that a foreign natu extended for one year only; ral or legal entity can be limited in acquiring the • After the building is completed, the technical ownership rights to real estate located in a particu inspection is to be performed and based on the lar territory of the Federation. The Federal Ministry technical review, the Use Permit is to be issued for of Justice, keeps records on acquisition of the rights the building; of foreign persons and legal entities on properties • Registration of property rights on the building and referred to in paragraph 1 of this Article, based on of the land in the land registry can be done after the information delivered, ex officio, by the autho the issuance of use permit; rities responsible for the registration of ownership • During the construction period, the land is tre rights. ated as state property until the time when the construction works are completed and the Use Per mit is issued. 55
FISCAL FRAMEWORK OF BUSINESS SECTOR
A foreign natural person who is a permanent 1. Customs resident in the Federation can be the holder of Indirect Taxation Authority in B&H is responsible for ownership right to an apartment and the housing the collection of all customs duties and customs tariffs building inquestion, as well as to the construction are in line with the Combined Nomenclature of the land on which the buildings have been construc European Union. ted or will be constructed. Foreign natural and legal entity may transfer the Tariff rates will be gradually reduced, depending on the ownership rights by virtue of legal business to a type of products by up to 90%, 75% or 50% from the domestic natural or legal entity, as well as to a previous rate, while tariff rates for some products will be foreign natural and legal entity to be holders of the completely eliminated. ownership rights by law. Exceptionally, foreign legal and natural It is important to remark that decreasing of import persons can be limited in acquiring othr tariff rate applies only to goods originating from the ownership rights to real estate in the territory of the European Union. For goods imported from the Euro Federation, by the reciprocity condition. In the cases pean Union but which have their origin in countries referred to Paragraph 1 of this Article, the Federal outside the Union, reduction of import tariff rates is not Ministry of Justice provides the interpretation of the applicable. reciprocity condition, after obtaining the prior opinion from the Ministry of Foreign Affairs of Bo Further protection is provided for the agricultural snia and Herzegovina. products for which tariff rates are generally paid as be The Federal Ministry of Justice, which is obliged fore. to previously obtain the opinion of the Ministry of Foreign Affairs of Bosnia and Herzegovina, may Free zones give written consent for the long-term lease of the According to the Law on Free Zones of the Federation building where the ownership right exists, to the of B&H ("Official Gazette of B&H" No. 2/95, 37/04 and foreign countries for the needs of their diploma 43/04), free zone is defined as a part of the territory, tic and consular representation offices, their orga i.e., area of the Federation of Bosnia and Herzegovina, nizations and specialized agencies, as well as the which is specially enclosed and marked, and which is United Nations and the European Union. A engaged in activities under the conditions regulated by long-term lease contract, referred to in Paragraph 1 the Law. of this Article can be concluded for a minimum pe riod of 5 years and for maximum period of 50 years. The provisions of the The Law on Ownership-Legal Relations of FB&H apply to foreign natural and le gal entities, unless other Federation Law provides otherwise. 56
The free zone is established in the territory which A written request must be made with the data on has a sea or river port or airport that to international economic justification, the conditions necessary for public traffic or cargo-transport center registered in keeping the warehouse etc., in order to obtain approval accordance with the legal requirements. The free zone to operate the customs warehouse. can be established along the highway, or main railway. It can consist of several separate parts, each of which Only persons registered in Bosnia and Herzegovina can must meet the statutory requirements. obtain the approval.
Users of the free zone may be domestic and foreign When the stored goods are released for free trade, legal entities and natural persons. A free zone user customs duties are calculated on the value of the goods, performs permissible activities in the zone based on the at the time of the warehouse procedure. contract with the zone. If the goods are exported after storage, they are not The customs duties and other import charges as well subject to calculation of customs and other taxes. as special levies on imports of agricultural, food and other products intended for the production, use and Internal processing consumption during import in the free zone, are not The internal processing is regulated by Articles 111-119 paid The customs duties, export duties and taxes are of the Law on Customs Policy of B&H ("Official Gazette" not paid for exports from the free zones in other coun No. 57/04, 51/06, 93/08, 54/10, 76/11) and Instruction tries. on customs procedure of internal processing ("Official Gazette", No. 90/06). Customs warehouse Customs warehouse is regulated by Articles 95-110 of Goods which can be imported within the internal the Law on Customs Policy of B&H ("Official Gazette" processing are as follows: No. 57/04, 51/06, 93/08, 54/10, 76/11). • Goods which are used in the manufacture and thus become fully or partially a component part of the Goods which are not from Bosnia and Herzegovina compensating product, and are placed in the customs warehouse without being • Certain goods, which are necessary to enable or subject to the payment of import duties; facilitate the production, although they do not become an integral part of the compensating pro A customs warehouse may be public (available to any ducts, with the exception of: fuel and other energy person for the warehousing of goods) or private (only sources other than those needed for the testing of for the storage by the holder of the goods); compensating products or for the detection of de fects in imported goods which require repair; 57
lubricants other than those needed for the testing, The value added tax is 17%, and is regulated by the adjustment or withdrawal of compensating products; Law on Value Added Tax of B&H. Indirect Taxation the equipment and tools. competent authority for the collection of value added tax and for coordinating the overall fiscal policy. Approval for internal processing will be issued only to persons registered in Bosnia and Herzegovina. The The following laws regulate these issues: following processing operations can be performed for • Law on Value Added Tax ("Official Gazette" No. the above mentioned procedure: 09/05, 35/05 and 100/08) • processing of goods, including lifting, assembling • Law on Indirect Taxation System in B&H ("Official or mounting them to other goods; Gazette", No. 44/03, 52/04, 34/07, 49/09, 32/13) • processing of goods • the repair of goods, including restoring and put
ting into function. Corporate profit tax The corporate profit tax in the Federation of B&H shall The request for approval should include a certifica be determined and paid in accordance with the provisi te from the court register or decision on registration ons of the Law on Income Tax ("Official Gazette of B&H" activities, the contract with the lohn jobs, the rate of No 97/07, 14/08, 39/09). production, the approval of the competent Chamber of
Commerce and the bank guarantee. Accounting profit, as determined in accordance with the Law on Accounting and Auditing in FB&H ("Official 2. Taxation Gazette of B&H", No. 83/09) and aligned in accordance with the provisions of the Law on Income Tax, is taxed Value added tax at the rate of 10%. Value added tax is a comprehensive tax on Certain expenses are only partially tax deductible, consumption, estimated on the value added to goods including: and services. • 30% of representation funds; • Donations of up to 3% of total revenue, and Persuant to Article 3 of the Law on Value Added Tax • Sponsorship of up to 2% of total revenue. ("Official Gazette" No. 09/05, 35/05 and 100/08) VAT is paid for: 1) the supply of goods and services by a taxpayer in the performance of his activities performed on the territory of Bosnia and Herzegovina; 2) the goods imported in Bosnia and Herzegovina. 58
A few important notes: Deductible charges include inter alia: • Severance paid upon retirement based on six net • The deadline for submitting tax return of income salaries that are paid to employee in the previous tax is March 31 of the current year for the previous six months or six average net wages in the Federati year. on of B&H (if that is more favorable for employees); • Dividends are not included in the tax base. • Reimbursement of costs of transportation to and • The provisions relating to transfer price require from work in the amount of public transport ticket of the companies that transactions with related fare; parties appear in their tax balance. • Reimbursement for meals during the work of up • Profit transferred from abroad is not taxed if it is to 2% of the average net wage in FB&H (currently previously subject to taxation abroad about 16 BAM per day); • Tax loss can be carried over in the next five years. • Daily allowances for business trips in B&H up to 25 • Tax loss incurred in one tax year cannot be used in BAM; previous tax periods. • Daily allowances for business trips abroad up to • Tax consolidation / group taxation is reguleted by legally prescribed amounts (depending on the the Law on Income Tax country); • Other fees to prescribed amounts.
Income Tax Tax upon deduction Revenues that are not considered as income inclu The tax upon deduction applies to certain payments de dividends and distribution of profits; pensions; made to non-resident legal entities (dividends, interest scholarships and payments of certain insurance. and intellectual property rights, market research servi ces, tax and business consulting and audit services, as well as generally all other services provided by non residents on the territory of the Federation.
The withholding tax may be reduced / eliminated in accordance with applicable agreements on avoiding double taxation. 59
Namely, the ratified treaties (agreements, conventions) Pursuant to Article 162, Item 2, of the Law on Customs on avoidance of double taxation signed by Bosnia and Policy of B&H, "Equipment placed on into free circu Herzegovina will take precedence over the provisions lation, which is based on foreign investment, shall be of the Law on Corporate Income Tax. exempt from custom duties in accordance with the Law on Direct Foreign Investment Policies in Bosnia and Tax upon deduction rate is 10%, while the rate of 5% is Herzegovina." applicable for dividend payments In order to promote a direct foreign investment, Pa Foreigners and taxes in Bosnia and Herzegovina rliament of the Federation of Bosnia and Herzegovina All foreigners with residence in the Federation of Bosnia allowed domestic companies where foreigners inve and Herzegovina shall pay tax on income generated in sted own capital, as well as the companies that are the calendar year in Bosnia and Herzegovina. 100% owned by foreign entities,a reduction of income tax for a percentage proportionate to the investment of Also, all foreigners who do not reside in the foreign person. This incentive applies for a period Bosnia and Herzegovina, but who earn income in the of 5 years. Federation of Bosnia and Herzegovina and the Republic of Srpska are considered as taxpayers. Taxpayers who generated more than 30% of the total export income during the year for which profit tax is to be assessed, shall be exempt from profit tax payment INVESTMENT BENEFITS for that year. Foreign investors, according to Article 3 of the Law on Foreign Direct Investment in Bosnia and Herzegovina, If, a taxpayer does not reach the prescribed investment other laws and agreements of Bosnia and Herzegovina minimum in the period of 5 years, he/she will lose the and the laws of the entities, have the same rights and right to tax exemption, and unpaid profit tax shall be obligations as the residents of Bosnia and Herzegovina. determined pursuant to this Law and increased by in terest on the arrears to be paid on untimely paid public According to Article 8 of the Law on Foreign Direct revenues. Investments in Bosnia and Herzegovina, Bosnia and Herzegovina and the Entities shall not discriminate A taxpayer who employs more than 50% of disabled foreign investors in any way, including but not limited persons and persons with special needs for more than a to their citizenship, seat or residence, religion or state of year is exempt from paying profit tax in the year during the investment country of origin. which more than 50% of his/her employees were disa bled persons and persons with special needs. 60
Foreign investors are exempt from customs duties on Persuant to the provisions of Article 29, Paragraph 1 of import of equipment that are considered as investment the Law on Value Added Tax, the VAT refund is made for capital (the equipment must not be older than 10 years the supply of goods and services intended for: and must comply with technical standards). • Official purposes of diplomatic and consular missi ons; Equipment such as cars, machines for gambling and • Official purposes of international organizations, if games of chance cannot have the status of investment so stipulated by international treaty capital. • Personal needs of foreign staff of diplomatic and consular missions, including their family members, Tax liability reduction applies to: and excluding local staff; • Exemption from profit tax for taxpayers generating • Supply of goods and services within international more than 30% of the total income through export, assistance projects. which is also the basis for the right to VAT refund. • The taxpayer is exempt from profit tax for the Free zones and users of free zones are exempt from period of 5 years starting from the first year of profit tax 100% for the period of five years of the busi investment, provided that the taxpayer invests at ness activity. However, it is necessary to emphasise least 20 million BAM. that apart from the mentioned preferences, there are • A business unit of a non-resident, established still certain recommendations for the faster develo outside of the territory of the Federation, but in pment of business undertaking. With an aim for impro B&H, is exempt from profit tax for the profit genera ving business environment for domestic and foreign ted through the business activities in the territory investments the measures and reforms are being imple of the Federation of Bosnia and Herzegovina. mented, aiming at reducing bureaucratic obstacles and • The conditions and methods for VAT refund - unecesary regulations in order to open new jobs and to Instruction about VAT refund regulates, the cond- attract investors in an easier and faster way. titons and methods for the refund to diplomatic and consular missions, international organizations and members of these missions, as well as the VAT refund on the basis of supply of goods and servi ces, within the international assistance projects wherein Bosnia and Herzegovina is obliged to exempt such projects, from VAT by the internatio nal agreements. 61
PUBLIC UTILITY RATES FOR LEGAL ENTITIES IN THE SARAJEVO CANTON
The area of the Sarajevo Canton has a network of ele ctricity, gas network, water and other necessary energy sources. Competent institutions and cantonal public companies that are at the service of citizens and busi nessmen of the Sarajevo Canton are responsible for re gular supply.
Drinking water is of good quality. The prices of water, electricity, gas and fuel are much lower than the ave rage prices in Europe. The Canton is covered with public transport (bus, trolleybus and tram networks, minibus services to the hill parts of the city, and taxi service at acceptable price. 62
Service Amount without VAT
Conditions for connection to the power network and increase of approved connected power
Issuance of the preliminary power permit 30 BAM
Issuance of expert opinions on the route/location of the object being connected 50BAM to the distribution network according, to map scale 1:2500
Issuance of power permit on 0.4 kV 50 BAM
Issuance of power permit to MV 80 BAM
Issuance of approval for change of name of the customer, at the same location and with the same approved power capacity of the connection (only for purchase 20 BAM contract)
Development of a study of the optimal technical solution for customer connection 600 BAM to MV network
Development of a study of the optimal technical solution for customer connector 1.000 BAM producers in the MV network
Issuing certificates without going to field 10 BAM
Disconnecting or connecting a customer or supplier
On metering point, connection point - cabinet or TS 17 BAM
At the site of connection - a pole in the network, or roof pole 50 BAM
Disconnecting because of unpaid bills and reconnecting after payments during regular working hours
On metering point, connection point - cabinet or TS 34 BAM
At the site of connection a pole in the network, or roof pole 100 BAM
Disconnecting because of unpaid bills and reconnecting after payments after regular working hours
On metering point, connection point - cabinet or TS 50 BAM
At the site of connection a pole in the network, or roof pole 150 BAM
Safety review of connection and metering point at the customer's request
Safety review of a connection 17 KM
Safety review of a connection and metering point 22 KM
Different services on connection and metering point services at the customer's request
Switching of the limiters or safety switches after their tripping 14 KM
Replacing the main fuse 17 KM
Special review of the metering point and meter reading for temporary customer 20 KM disconnection
Metering at customer's request
One day metering and report development about load diagram 126 KM
Seven-day metering and report development about load diagram 142 KM
Emergency metering of effective voltage at the connection 64 KM
Seven-day metering and development of a report on the quality of voltage at the 112BAM connection point 63
Unauthorized electricity consumption
Establishing unauthorised consumption and disconnecting customers due to 80 BAM unauthorized use of electricity (customer at 0.4 kV)
Establishing unauthorised consumption and disconnecting customers due to 200 BAM unauthorized use of electricity (customer at medium voltage)
Establishing unauthorized switching of a meter 50 BAM
Management of switching devices in user's facility requested by the user
On previously agreed date 24 BAM
Intervention 40 BAM
Duty for network management upon user's request
On previously agreed date 19/BAMh
Intervention 28/BAMh
Testing proper operation of metering points, and meters using expertise of the Metrology Institute - at customer's request
Testing the meter using testing device - direct measurement 120 BAM
Testing the meter using portable testing device - semi-indirect and indirect 156 BAM measurement
Testing proper operation of metering points, and meters using portable testing device at customer's request
Testing the proper operation of a meter using testing device - direct measurement 35 BAM
Testing the proper operation of a meter using portable testing device - semi- 58 BAM indirect and indirect measurement
Testing the proper operation of a meter using portable testing device - several 116 BAM days, semi-indirect and indirect measurements
Providing metric data on load curves
Providing metric data on load curves for a metering point to customers with 10 BAM remote reading measuring devices
Table 12. Pricelist of Public Company Elektroprivreda B&H http://www.elektroprivreda.ba/stranica/cjenovnik-usluga.
Price list - per unit amounts of compensations for connections of end users/producers to the distribution network or for increase of the connection capacity of existing end users/producers
The fee paid by the end users/producers is a one-time payment and amounts to 50% of the price obtained on the basis of the fees for connection to low voltage/medium voltage network, and the remaining 50% is provided from the tariffs for the use of the distribution network. The Supervisory Board of Public Company EPB&H has adopted a decision with which it prescribed the methodology for determining the fee for the connection of a building to the distribution network. 64
District heating prices (http://www.toplane-sa.co.ba/docs/cienovnik.pdf)
For housing 1,188 KM/m^ per month over 12 months; For commercial property 4,013 KM /m^ per month over 7 months;
For office space with built-in meter: a) Price per unit connected load 5,312 KM / kWh per month within 12 months b) Price per unit of delivered heat 0.0857 BAM / kWh
Type of space Price without VAT Payment
Housing space
Fixed part (BAM/m^ per month) 0,4752 12 months
Variable part (BAM/kWh) 0,0725 per consumption
Office space
Fixed part (BAM/m^ per month) 0,9364 12 months
Variable part (BAM/kWh) 0,0857 during consumption
Table 13. Prices of heating in collective housing, which have incorporated central gauge and individual heat meters (These prices are not economic)
The price of natural gas The wholesale price of natural gas for distributive companies in the Federation of Bosnia and Herzegovina, starting from 01/11/2011 is 820.00 KM / 1000 Sm", or 0.8 KM / 1000 Sm", Sm" (t = 15 ° C, p = 1.01325 bar, current conditions for B&H, lower heating value of natural gas (Hd = 34075.60 kJ / Sm"). The price does not include value added tax. 65
Consumer category Average price of gas distribution New prices of distribution Index
1 Households 0,08 0,06 75,0
2 Heating plants 0,07 0,07 100,0
3 SME 0,22 0,24 109,1
4 Big consumers 0,20 0,23 115,0
Average 0,105 0,105 100,0
Table 14. The average price of gas is 1.105 KM / Sm" and varies according to consumed categories (the price does not include sales tax):
Water price
Variable part - BAM/m" water
Water supply services 1,17
Wastewater services 0,50
VAT 0,28
Total 1,95
Tax for water protection (PVN) for water use 0,01
PVN for water protection 0,04
Total 0,05
Fixed part-KM/monthly
4,00
Fixed part 4,00
VAT 0,68
Total 4,68
Table 15. Water price for category "Institutions/Commercial/Business objects”
Variable part - BAM/m" water
m" of water per month
Water supply services 0,70 0,84 1,17
Wastewater services 0,30 0,36 0,50
VAT 0,17 0,20 0,28
Total 1,17 1,40 1,95
PVN for the use of space 0,01
PVN for water protection 0,04
Total 0,05
Fixed part - KM/monthly
Fixed part 2,0
VAT 0,34
TOTAL 2,34
Table 16. Water price for "'households” | Cantonal Public Utility Company "Vodovod i kanalizacija" d.o.o. Sarajevo 66
AGREEMENTS IN FORCE IN B&H
Bosnia and Herzegovina has signed many agreements This Agreement is popularly called CEFTA 2006, and it on free trade. Agreements in force in Bosnia and is based on the experience of countries in Southeast Herzegovina are as follows: Europe in the liberalization of trade, through the imple mentation of bilateral free trade agreements and their 1. The Stabilisation and Association Agreement preparation for membership in the European Union, Stabilisation and Association Agreement is the frame as well as the positive experience of the "old" CEFTA. work for relationship between the European Union and The CEFTA 2006 Agreement includes the successful Bosnia and Herzegovina. It was signed on June 1, 2008 regional cooperation - particularly trade, simplification and entered into force on June 1,2015, by which the Eu of contractual relations, the introduction of diagonal ropean perspective for our country got a new direction. cumulation, the elimination of technical barriers in The Agreement effectively establishes a free trade area trade, improving the mechanisms for resolving dispu between the EU and Bosnia and Herzegovina, which re tes. This Agreement introduces new areas of coope gulates the common political and economic goals. ration, which were not included in previous bilateral agreements nor in the "old" CEFTA. It is about servi In the context of accession to the European Union, the ces, investment, public procurement and intellectual Agreement serves as the basis for the implementation property rights protection. The Agreement on of the accession process and will provide a framework Amendments and Association to CEFTA / CEFTA 2006 that allows the B&H serious steps forward and work in Bosnia and Herzegovina entered into force on on the necessary reforms in accordance with the EU November 22, 2007. standards (primarily improvement in the economic and social area). 3. Agreements on avoidance of double taxation International double taxation is generally defined
2. Agreement on Free Trade as the taxation of the taxpayer by the two countries, The agreement was signed on December 19, 2006 by applying the same or similar taxes, based on the same Albania, Bosnia and Herzegovina, Montenegro, Croatia, subject of taxation, in the same period. The countries Moldova, Macedonia, Serbia and Republic of Kosovo, conclude bilateral agreements on avoidance of doub as well as Bulgaria and Romania, which withdrew from le taxation in order to eliminate double taxation with the CEFTA after their accession to the EU (January 1, equivalent tax of the same items by income taxation of 2007) with the aim of harmonizing the development of profit and property. Such agreements are applied on economic relations, to ensureing uniform treatment of the principle of reciprocity. If Bosnia and Herzegovina trade and to removing the trade barriers between the applies the agreement on avoidance of double taxation signatory countries. with the relevant country, the provisions of this agree ment shall have an advantage in the application over domestic legislation. 67
The objective of concluding international agreements, In addition to mutual trade liberalization of three EFTA which is unfortunately often forgotten, is not only to countries, Iceland, Liechtenstein and Norway, have the prevent double taxation of the same income by two Agreement on the European Economic Area (EEA) with countries but also to ensure that income tax is paid in the EU since 1994, which provides inclusion of EU legis one of contracting countries pursuant to the provisions lation covering the four freedoms - free movement of of the agreement. goods, services, labour and capital.
4. EFTA 5. Agreements on the promotion and reciprocal pro European Free Trade Association (EFTA) presents an tection of investments association that unites the markets of Switzerland, The following agreements on promotion and reciprocal Norway, Iceland and Liechtenstein in the field of trade, protection of investments, which B&H has signed with established with the aim to provide a framework for the other countries, are in use: liberalization of trade goods between its members. Albania, Austria, Belgium and Luxembourg, Belarus, Negotiations on conclusion of the Free Trade Czech Republic, Denmark, Egypt, Finland, France, Agreement between Bosnia and Herzegovina and the Greece, Croatia, Netherlands, India, Iran, Italy, Jordan, European Free Trade Association (EFTA) have been initi Canada, Qatar, China, Kuwait, Lithuania, Hungary, FYR ated based on the Decision of the Presidency of Bosnia Macedonia, Malaysia, Moldova, Germany, OPEC-Fund, and Herzegovina, at the end of March 2011. After more Pakistan, Portugal, Romania, USA - OPIC, San Marino, than two years they have been successfully completed Slovakia, Slovenia, Serbia, Spain, Switzerland, Sweden, in early May 2013. Turkey, United Kingdom, Ukraine.
On behalf of Bosnia and Herzegovina, the Agreement was signed by Minister of Foreign Trade and Economic Relations, and on behalf of the EFTA, ministers of the Member State Associations, the Swiss Confederation, the Kingdom of Norway, Iceland and Liechtenstein.
The signing of this agreement represents a confirmation of the aspirations of the two sides that, through the agreed liberalization of markets for goods and services, create conditions for further development, as well as for the improvement of trade and economic cooperation for mutual benefit. 68
INVESTMENT OPPORTUNITY - INDUSTRIAL ZONE, FREE ZONE
Definition of a zone in terms of concept and • Partnership with related industries in caseswhere contents they can service multiple companies. Towns and municipalities that have business zones in their areas, decide on economic activities that may The second aspect pertains to efficiency that a location take place in an entrepreneurial / business zone. The offers for its members through: realised economic may varied, and based on that, we • Reducing investment expenditures for production distinguish between: industrial, handicraft, entrepre and business facilities, neurial, craft, utility, agricultural, tourist, informatics, • Reducing operative expenditures of transport, technological zones, centers for development and maintenance and security of facilities and services transfer of technologies, entrepreneurial incubators organized in a zone, etc. The mentioned zones may be categorized into the • Through the sharing of certain facilities (laboratory, following three groups, according to their size and pur copying rooms, energy sources etc.) pose: Specialized zones, that include technological Objectives and tasks of entrepreneurial infrastructure centres,parks, incubators, centres for transfer of te and entrepreneurial-business zone: chnologies and zones specialized for particular activi • Increasing employment, ties, • Attracting new, modern, high-tech, biotechnologi Industrial zone, that primarily include large areas with cal, clean and profitable technologies and high concentration of industry with predominately • Providing business, technical, educational and large companies, and other services to small private companies. Entrepreneurial/craft zones, that include are as with high concentration of small companies and In the final stage, a business zone must be equipped entrepreneurs with: Industrial zones, in its essence, ensure competitiveness • Transport infrastructure (access roads and roads for businesses in two aspects: within the zone), • Utilities infrastructure (water supply system, pro The first concerns to the possibility of using effects cess water and industrial sewage, installation of of integrating similar and associated businesses precipitation drainage and sewage within the zone within the zone, resulting in creation of competitive and connection to external installations); advantages within the zone by: • Energy infrastructure (power transformer stations, • Access to cheaper inputs in raw materials, compo streetlights, electrical and gas service connections); nents, packaging materials and services, • Telephone and internet network. • Specialization and efficiency, and use of new technologies in partnership of companies within a zone, and • Partnership with related industries in caseswhere they can service multiple companies 69
Criteria for inclusion of entrepreneurs into an entrepre The priority involvement in entrepreneurial-business neurial-business zone: area must have entrepreneurs whose entrepreneurial projects are:: • Entrepreneurs, who meet the following criteria, may be admitted into an entrepreneurial zone: • In function of increasing employment, • Increase the number of employees, • Export oriented, highly profitable, have modern • From the fields of "high tech" electronics, (high) - technology and attract capital information technology and biotechnology, • To make the most of the location, geo-communica • Those who export their products, tion, energy and other benefits • Whose products replace imported products, • Whose activities are essential for the functioning of Improve the quality of life and are not contradictory entrepreneurial zone, with environment protection. • Who work on a development project of interest for Sarajevo Canton and Business entities that cannot be included in the • Who fit into the "cluster" which needs to be entrepreneurial zone by any means are:: organized in the zone. • Business entities with "dirty" technologies, • Activities that disrupt the business of other subjects within an entrepreneurial zone and • Activities that are not of economic importance for Sarajevo Canton. 70 71
Industrial zones in the area of Sarajevo Canton Economy sectors of Municipalities with industrial Industrial zones represents area that was designated for zones business activities in urban planning documents, with Wood processing, metal processing, food and constructed roads and utility infrastructure .Towns and pharmaceutical industry and agriculture. municipalities that have entrepreneurial business zones Main export products are from wood processing within their areas shall in their documents decide on industry (furniture), metal products and a part of food business activities that may take place in an entrepre industry products. neurial-business zone.
Title of Industrial Business Entities in Municipality Zone the Zone Tasks and objectives of an industrial - business zone Akova-impex, MI Industrial-entrepreneurial zone does not serve only Ovako, Coca Cola, "Mostarsko raskršće" for the purpose of renting business premises and Kemos, Akmilk and others. certain business services to entrepreneurs. Activities "Garovci - Donji Drvopromet, Rajz, Hadžići" Snagić and others. performed in the zone must solve economic problems Municipality Hadžići Milkos, Wurth, of the region. Industrial zones should be "operational "Boce - Binježevo" Klimavent i drugi. tool" for the realization of the objectives of the strategy "Mrđanović polje" Argeta, Agricom, for economic development of the city, canton or state. Donji Hadžići Saplast and others.
"Tehničko remontni Sabix, TRZ, Bosnet zavod - TRZ" Hadžići and others. Basic information on Municipalities who have in "Željezara Ilijaš" Frimeco, Schiedel, Municipality dustrial zones at their territory Fazum gradnja, Ilijaš Forneti olimpija Industrial zones that currently exist in Sarajevo Fixed part "LUKA" Ilijaš and others Canton are situated at the territory of municipalities: Pretis, Volkswagen "UNIS"Vogošća Ilidža, Hadžići, Ilijaš i Vogošća. These municipalities take Municipality i drugi. Vogošća up the entire area of 787,54 km2 or 61,68% of Saraje "Nova industrijska Bellisima, Procedo zona"Vogošća Praktik and others vo Canton. Total number of inhabitants in this area is Bemust, Bohen, 127.700 or 28,97% of the total population of Sarajevo Alternativa, Strojal, Municipality "FAMOS" Hrasnica Medixon, Famos Ilidža Canton. gradnja and others.
Economy resources of Municipalities with industrial zones Table 17. An overview of Industrial zones in Sarajevo Canton Main resources in these municipalities are: mineral resources, forests, thermal waters, tourist potentials. 72 73
Municipality Ilidža Area: 143,30 km2 Population: 60.417 Administrative position: Sarajevo Canton, Federation of B&H. Geographic position: Southwest part of Sarajevo Canton.
Economic sectors Wood processing industry, food industry, business entities in the areas of agriculture, wholesale and retail and tourism.
Natural Resources
Tourist potentials and thermal waters.
The most important business entities in the area of Municipality Ilidža: Gorenje, Dalas, Braća Metović, Brugman, EGV, Brajlović, OBI-garden center, Grizelj, Klas cold storage, Mercator, Kerametal, Sara center, Melain center and others.
Tourist agencies have at their disposal the famous hotels: Hollywood, Delminium, Terme Ilidža, Rimski most, Grin, Imzit, Bosna, Aqua, Radon plaza, Casa Grande, Auto-kamp and others. 74
Industrial zone "FAMOS" Hrasnica is in Ilidža Municipality. Tip zone: Green / Brown
Location Industrial zone "Famos Hrasnica" is situated in the area of former complex "FAMOS — HOLDING" d.d. Hrasnica, Ilidža Municipality. Total area of industrial zone is 280.000 m2, and it is possible to expand the zone by additional 30 acres. Total area covered with facilities in industrial zone 120.000 m^. Roads cover area of 12.800 m^ in industrial zone. Parking area in the industrial zone covers the area of 7.890 m^.
Infrastructure The industrial zone is equipped with necessary infrastructure (water supply and sewage, energy infrastructure and telecommunication network). Communal organisations manage infrastructure.
Ownership From 2000 to 2002 partial privatisation of total area of industrial zone "Famos" was conducted, and in this way 59 new owners have been introduced. In the following privatisation phase, the entire complex of "Famos" Hrasnica concern obtained the status of private ownership. Owners have invested approximately 19.000.000 KM so far into repairs and construction of new buildings and works on majority of facilities are still ongoing. Approximately 400 workers have been employed based on contractual obligations. According to estimation of relevant authorities of Ilidža Municipality, there are more than 700 workers who are currently employed in the industrial zone.
The following business entities are situated at the locality of the industrial zone: Bohen (printing business), Alternativa (coining, pressure and production of metal constructions), Strojal (production of metal constructions), Medixon (production of roof tiles and concrete accessories), Famos construction (production of scaffolding), Bemust (printing business) and others. 75
FAMOS HOLDING d.d. Sarajevo skica infrastrukture
- Ograda > Granice parcela Granice komunikacija Objekti Kablovi lOkV Vodovod Kanalizacija Trafostanica Izohipse
Postojeće komunikacije Komunikacije u planu rgvi Broj parcele 0 Broj objekta Interne komunikacije 76 77
Municipality Hadžići Area: U3,16 km^ Population: 22.705 Administrative position: Sarajevo Canton, Federation of B&H. Geographic position: Southwest part of Sarajevo Canton, distance from center of Sarajevo 16 km.
Economic Sectors Wood processing industry, food industry and agricultural business entities, wholesale and retail trade and tourism. Main export products are from wood processing and metal industry, furniture and metal products, and part of food industry.
Natural Resources
Forests and potentials for tourism (mountains).
The important business entities in the area of Municipality Hadžići: Coca Cola, Akova-impex, MI Ovako, Kemos, Milkos, Klimavent, Wurth, Argeta, Agricom, Sabix, Drvopromet, Bingo and others.
There are five industrial zones in the area of Municipality Hadžići: 1. Industrial zone "Mostarsko raskršće" 2. Industrial zone "Garovci — Donji Hadžići" 3. Industrial zone "Boce — Binježevo" 4. Industrial zone "Mrđanović polje" Donji Hadžići 5. Industrial zone "TRZ" Hadžići. 78
Industrial zone "Garovci - Donji Hadžići" Zone type: Green / Brown
Location Garovci — Donji Hadžići. Industrial zone is situated at the right side of backbone road M17 Sarajevo Mostar in the area of Garovci — Donji Hadžići.
Documentation This industrial zone was made in the early 1980s based on urban (development) plans that established the purpose of areas and course of further activities:
• Urban development plan of Sarajevo City for Hadžići area ("Official Gazette of Sarajevo City" No. 5/90). • Regulation plan "Donji Hadžići" II and III Garovci (Official Gazette of Sarajevo Canton No. 39/05). • Spatial Plan of Sarajevo Canton 2003 - 2023 (Official Gazette of Sarajevo Canton No. 26/06).
Ownership Private land.
Infrastructure Industrial zone is equipped with all necessary infrastructures (water supply and sewage networks, energy infrastruc ture and telecommunications networks). Infrastructure is maintained by municipal services.
At this location, the following companies are situated to the left side of highway M17: Drvopromet (shopping center), Medline (a clinic), Hifa Group — Eurometals, Harex, Rajz (production of paints) and others.
The following companies are situated at the location to the right side of the highway M17: Snagić (production of PVC carpentry and Al-profiles), Telephone development and Bingo (shopping center). 79 80
Industrial zone "Mrđanović polje" Donji Hadžići Zone type: Green / Brown
Location Mrđanović polje, Municipality Hadžići. Industrial zone "Mrđanović polje" Donji Hadžići is situated at the left side of the backbone road Sarajevo — Mostar. Main road follows the entire complex and connects the zone with residential area Donji Hadžići.
Documentation
This industrial zone was made based on urban development plans that determined the purpose of the area and further activities: • Regulation Plan "Mrđanović polje" Hadžići ("Offical Gazette of Sarajevo Canton" No. 21/07). • Spatial Plan of Sarajevo Canton 2003 - 2023 (" Official Gazette of Sarajevo Canton" No. 26/06).
Area Industrial zone covers the total area of180.300 m2.
Ownership Private land.
Infrastructure Industrial zone is equipped with all necessary infrastructures (water supply and sewage networks, energy infrastructure and telecommunication network). Infrastructure is maintained by municipal services.
Following business entities are situated in industrial zone "Mrđanović polje": Argeta (main purpose is meat industry), Saplast (Factory for production of PVC carpentry), Cet-Bah (manufacturing facility), Begex (Furniture factory), Agricom, Adolado and others. 81
I I 82
Industrial zone "TRZ - Hadžići" Zone type: Green / Brown
Location Municipality Hadžići. Industrial zone is situated at the locality of military industry (Technical and Refurbishment Institute) Hadžići (TRZ).
Documentation According to Spatial Plan of Sarajevo Canton 2003 - 2023 ("Official Gazette of Sarajevo Canton" No. 26/06) the purpose of the area was kept within the existing boundaries.
Area Location of industrial zone encompasses the area of 186.276 m2.
Ownership The land is the property of the business entity Technical and Refurbishment Institute Hadžići.
Infrastructure Industrial zone is equipped with necessary infrastructure. Water supply and sewage network, as well as energy infrastructures require additional investments. There is a railway track at the location (industrial gauge).
The following companies are situate in the area of industrial zone: Bosnet (main purpose of this entity is production of food for fish), Sabix (production of furniture), TRZ (military industry). 83 84
Industrial zone - "Mostarsko - raskršće" Zone type: Green / Brown
Location Mostarsko raskršće, Municipality Hadžići. Industrial zone "Mostarsko raskrće" is situated at the entrance to Municipality Hadžići, on both sides of the highway M -17 Sarajevo - Mostar.
Documentation
This industrial zone was created at a smaller scale in early 1970s, based on spatial (development) plans that designated the purpose of the area and further activities: Urban plan of Sarajevo City for Hadžići area ("Official Gazette of Sarajevo City" No. 5/90). Regulatory Plan Binježevo ("Official Gazette" of Sarajevo City number 13/89). Spatial Plan of Sarajevo Canton 2003 - 2023 ( "Official Gazette of Sarajevo Canton" No. 26/06).
Ownership Private land.
Infrastructure Industrial zone is equipped with all necessary in infrastructures (water supply and sewage networks, energy infrastructure and telecommunication network). Infrastructure is maintained by municipal services.
Following business entities are situated in the area: Coca cola HBC B-H - an area covering 44.928 m2, contains facilities of 20.022 m2. Final stage of construction of production and storage hall of 4500m2, and workshop for maintenance of vehicles is ongoing at the part of the land. Akova - impex takes up an area of 18.069 m2 and contains a facility / facilities of 1.836 m2, while construction of ma nufacturing facility of approximately 5.000 m2, is at the final stage.
At the locality of this zone, there are also business entities such as: Akmilk, MI Ovako, Energopetrol - petrol station, Kemos and others. 85 86
Industrial zone "Boce - Binježevo" Zone type: Green / Brown
Location Binježevo, Municipality Hadžići. Industrial zone is situated behind railroad Sarajevo-Ploče, at Mostarsko raskršće (intersection). Traffic access to the zone is from Mostarsko intersection. Documentation This industrial zone was created in early 1980s, based on spatial (development) plans that designated the purpose of the area and further activities: • Urban plan of Sarajevo City for Hadžići area ("Official Gazette of Sarajevo City" No. 5/90). Regulation Plan "Donji Hadžići" II and III Garovci ("Official Gazette of Sarajevo City" No. 39/05). • Spatial Plan of Sarajevo Canton 2003 - 2023 ("Official Gazette of Sarajevo Canton" No. 26/06).
Ownership Private land.
Infrastructure Industrial zone is equipped with all necessary infrastructures (water supply and sewage networks, energy infrastructure and telecommunication network). Infrastructure is maintained by municipal services.
Following business entities are situated in the area: Klimavent - An area of 6.283 m2 contains facilities of 4.441 m2.; Milkos - an area of 16.717 m^ contains facility/facilities of 6.191 m; Energoinvest - trunk/transmission towers production - an area of 35.000 m^ contains facilities of 1.987 m^. lectric equipment factory-area of 19.774 m^ contains facility/facilities of 4.029 m^. Unioninvest - the total area covers 7.911 m2. Wurth-area of 14.823 m^ contains facility/facilities of 2.109 m^.
There are four more unused plots at the location of this zone. r 87 88 89
Municipality Vogošća Area: 72 km^ Population: 25.450 Administrative position: Sarajevo Canton, Federation of B&H. Geographic position: 6 km away from Sarajevo
Economic Sectors Military industry, metal processing, production of wide range consumer products, wholesale and retail and pharmaceutical production.
Natural Resources
Important natural resources of Vogošća Municipality are situated in the valley of the Bosna River.
Important business entities in Vogošća Municipality: As a part of small privatisation, by selling parts and property of the pre-war company of factory complex UNIS, approximately 30 new business entities was vested in property in the old industrial zone Vogošća. UNIS. Pretis, Volkswagen, Bags-Energotehnika, Bellisima, Mims, Sam shop and the others, are significant business entities that operate in Vogošća Municipality..
There are two industrial zones at the area of Vogošća Municipality: 1. Old industrial zone in the area of pre-war factory complex "UNIS" and 2. New industrial zone Vogošća. 90
"New Industrial Zone" Vogošća Zone type: Green
Location Industrial zone is situated in Vogošća Municipality.
Documentation In line with adopted amendments to Regulation Plan of industrial complex UNIS ("Official Gazette of Sarajevo Canton" No. 28/01) the land was partitioned and the industrial zone was established.
Area The total zone area is 13,5 acres.
Ownership The land in new industrial zone is state property. It has been partitioned in accordance with regulatory plan and locations (total of 29 locations) in this zone have been allocated to end-users. The status of this land is still state property with the right to use it for construction. All allocated locations have been registered to the favour of investor, except for one location that is fully built and is now the property of the constructor. Locations have been allocated for the purpose of production and services.
Infrastructure The entire complex is provided with full infrastructure (water supply and sewage network, energy infrastructure and telecommunication network) Municipal services are maintaining the infrastructure.
The following business entities are at the location: Bellissima d.o.o., Praktik do.o.,Procedo d.o.o., Smal komerc d.o.o., Nco d.o.o. and others. 91 92
Industrial zone "UNIS" Vogošća Zone type: Brown / Green
Location ndustrial zone "UNIS" is situated in Vogošća Municipality, inside the company complex "UNIS" Vogošća.
Documentation
A Regulatory plan for industrial complex "UNIS" had been made for industrial zone "UNIS" and it was adopted at a session of Vogošća Municipal Assembly on April 30,1991 (Act No. 01- 023-15/91 on April 30,1991).
Area Total area of the zone is 35 acres.
Ownership The land is mainly the property of Unis Pretis d.o.o. and UNIS Pretis d.d., as well as the other entities that became owners of locations in privatisation process. Some parts of this location are for sale. Infrastructure The entire complex is equipped with all types of infrastructure (electricity, water supply, sewage, gas, telephone etc.) Municipal services are maintaining the infrastructure.
The old industrial zone "UNIS" contains the following industries: automobile industry, ball bearings industry, general purpose industry, metal processing, production of thermal energy and process plants, maintenance and assembly of VW vehicles, pharmaceutical industry and others. Leading companies in Vogošća are Volkswagen and Unis Pretis. r__ 5 93 94 95
Municipality Ilijaš Area: 323 km2 Population: 19.102 Administrative position: Sarajevo Canton, Federation of B&H. Geographic position: North part of Sarajevo Canton. • distance from center of Sarajevo is 20 km • distance from Zenica 58 km, distance from Tuzla 109 km.
Economic Sectors
Wood processing industry, metal processing industry, food industry and agricultural business entities. The main export products is from wood processing industry, furniture and metal products and a part of food industry.
Natural Resources
Minerals (manganese, limestone, shale stone) and tourism potential (protected landscape "Bijambare" and natural monument "Skakavac").
Main business entities in area of Municipality Ilijaš: Miprogradnja, Xylon corporation, Kalea, BH Bau, Schiedel, Fazum gradnja, Forneti olimpija, Frimeco and others.
There are two industrial zones at the area of Ilijaš Municipality: • Industrial zone "Željezara" Ilijaš and • Industrial zone "Luka" Ilijaš. 96
Industrial zone "Luka" Ilijaš Zone type: Green
Location Industrial zone is situated at the area of Lučko polje in Ilijaš Municipality
Documentation Industrial zone "Luka" Ilijaš was established based on a decision of Municipal Council Ilijaš ("Official Gazette of Sarajevo Canton" No. 36/12)
Area Industrial zone takes up an area of 16,56 acres in the area Luke, Ilijaš Municipality.
Purpose of the zone According to a decision by Ilijaš Municipal council, the purpose of industrial zone is production - mainly wood processing, metal processing and food processing.
Ownership Land in the industrial zone is private property.
Infrastructure Industrial zone is requires investments in the part of infrastructure, especially in the part of water supply and sewage network. It is necessary to make an additional investment for improving and development of energy infrastructure. There is a railroad close to the location. Industrial zone "Luke" consists of two parts as follows: "Economic 1', total area of 2,45 acres and "Economic 2', total area of 14,11 acres.
Authorised purposes in both parts are: business and small business. Unauthorised purposes are: residential, business-residential, catering industry (hotels). Survey and regulatory plan foresee the formation of 50 locations, area of 800 to 5.700 m2. Preparation of project design of location with predicted 20-30% green surface and one parking space on 30-50m2 ofuseful facility area is obligatory for all new facilities.
Following business entities are situated in industrial zone "LUKA": Wood team Ltd. Ilijaš, production of containers made of paper and paperboard. Edas Inc Ltd Ilijaš, wood processing. Ama Adriatic Ltd Ilijaš, production of metal constructions and parts. 97 98
Industrial zone "Željezara" Ilijaš Zone type: Brown
Location Ilijaš urban area The zone is located next to regional road 1600 m from the exit to motorway and railway station Podlugovi It is situated next to business zone "LUKA".
Documentation Regulatory Plan "Steel factory" Ilijaš, ("Official Gazette of Sarajevo Canton" No. 12/01). The purpose of industrial zone is production- business and one part of the zone has been foreseen as industrial-business zone.
Area Industrial zone "Steel factory" takes up the total area of 45,3 acres.
Ownership Private land.
Infrastructure: Industrial zone is equipped with necessary infrastructure (water supply and sewage networks, energy infrastructure and telecommunication network). Infrastructure is maintained by municipal services. There is an industrial gauge at the location as well.
Business entities in industrial zone "Željezara", Ilijaš: Željezara Ilijaš, C.I.B.O.S., Schiedel, Fornetti Olimpija, Udobnost, Ezam and others. 99
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Reference
Investment Guide in the area of the Sarajevo The Law on Direct Foreign Investment in Bosnia Canton, Planning Institute of the Sarajevo Canton, and Herzegovina ("Official Gazette", No. 17/98, Sarajevo, 2008. 13/03, 48/10 and 25/15). Spatial plan of the Sarajevo Canton 2003-2023, Foreign Investment Law of the Federation of B&H Planning Institute of the Sarajevo Canton, Sarajevo ("Official Gazette of B&H", No. 61/01 and 50/03). 2006, ("Official Gazette of the Sarajevo Canton" No. The Law on Companies of FB&H ("Official Gazette 26/06). of the FB&H" No.: 23/99, 45/00, 2/02, 6/02, 29/03, Strategy for the Development of the Sarajevo 68/05, 91/07, 84/08, 88/08, 7 / 09, 63/10 and 75/13). Canton until 2015, Planning Institute of the The Law on Foreign Trade Policy ("Official Gazette" Sarajevo Canton, Sarajevo, 2000 No. 7/98 and 35/04). Macroeconomic indicators in cantons, the Federal The Code of Obligations ("Official Gazette of R B&H" Institute for Development Programming, 2014. No. 2/92 and 9/13). Industrial zones, the Ministry of Economy of the The Law on Foreign Trade Operations ("Official Sarajevo Canton, Sarajevo, 2013. Gazette of the Federation of Bosnia and Canton in figures, Institute for Statistics of FB&H, Herzegovina" No. 2/95 and 14/97). 2015. The Law on Concessions of FB&H("Official Gazette" Statistical Bulletin of the Sarajevo Canton in May no. 32/02 and 56/04). 2015, Institute for Informatics and Statistics of the The Law on Concessions of FB&H ("Official Gazette Sarajevo Canton, Sarajevo, 2015. of B&H" no. 40/02, 61/06). Urban plan of the city of Sarajevo for urban areas The Law on Concessions of Sarajevo Canton of Sarajevo, for the period from 1986 to 2015, ("Of ("Official Gazette of Sarajevo Canton" No. 27/11 ficial Gazette of Sarajevo Canton", No. 5/99). and 15/13). Green Paper on public-private partnerships Decision about foundation and operation of and Community law on public contracts and representative offices of foreign entities in Bosnia concessions [COM (2004) 327 final], available and Herzegovina ("Official Gazette" No. 15/03). at: http://eur-lex.europa.eu/legal-content/EN/ The Framework Law on Registration of Business TXT/?uri= URISERV: l22012 Entities in B&H ("Official Gazette" No. 42/04). Guidelines for Successful Public-Private Law on Registration of Business Entities of FB&H Partnership, European Commission, Brussels, 2003, ("Official Gazette of FB&H" No. 27/05, 68/05, 43/09 available at: http://ec.europa.eu/regional_policy/ and 63/14). sources/docgener/guides/ppp_en.pdf Decision on conditions for opening and operation of representative offices of foreign persons in FB&H (Official Gazette of FB&H no. 7/95). ("Official Gazet te of B&H" No. 7/95). 101
Rulebook on allocation of ID numbers and tax Federal Office of Statistics (http://www.fzs.ba). registration of taxpayers within the territory of the Elektroprivreda B&H (http://www.elektroprivreda. Federation of Bosnia and Herzegovina ("Official ba/stranica/cjenovnik-usluga) June 2015. Gazette of FB&H" no. 39/02, 11/04, 2/10, 83/10). Central Bank of Bosnia and Herzegovina (http:// Law on Single System of Registration, Control www.cbbh.ba). and Payment ("Official Gazette of B&H" no. 42/09, Employment Service of the Sarajevo Canton (http:// 109/12). www.juszzks.com.ba). Law on Public Procurement ("Official Gazette" No. FIPA (http://fipa.gov.ba). 39/14). JP Elektroprivreda B&H, http://www.elektroprivre- Law on Foreign Investments in the Federation of da.ba/stranica/cjenovnik-usluga B&H ("Official Gazette of B&H" No 61/01 and 50/03). The Law on Physical Planning ("Official Gazette of Sarajevo Canton" No. 7/05). Law on Property-Legal Relations ("Official Gazette of B&H" No. 06/98). Law on Construction Land of the Federation of B&H ("Official Gazette of B&H" No. 67/05). Law on Free Zones of the Federation of B&H ("Official Gazette of B&H" No. 2/95, 37/04 and 43/04). Law on Customs Policy of B&H ("Official Gazette" No. 57/04, 51/06, 93/08, 54/10, 76/11). The Law on Value Added Tax ("Official Gazette" No. 09/05, 35/05 and 100/08). Law on Indirect Taxation System in B&H ("Official Gazette", No. 44/03, 52/04, 34/07, 49/09, 32/13). The Law on Corporate Income Tax ("Official Gazette of B&H" No 97/07, 14/08, 39/09). The Law on Accounting and Auditing in FB&H ("Official Gazette of B&H", No. 83/09). KJKP Toplane Sarajevo (http://www.toplane-sa. co.ba/docs/cjenovnik.pdf) KJKP Water and Sewage Sarajevo (http://www.vik- sa.ba). 102
CONTACTS OF RELEVANT INSTITUIONS AND ORGANISATIONS
Government of Sarajevo Canton Ministry of Economy
Reisa Džemaludina Čauševića 1 Reisa Džemaludina Čauševića 1
71 000 Sarajevo 71 000 Sarajevo
T +387(0)33 562-000 T +387(0)33 562-122
F +387(0)33 562-211 F +387(0)33 562-226
E mail [email protected] E mail [email protected]
Web http://vlada.ks.gov.ba Web http://mp.ks.gov.ba
Ministry of Finance Ministry of Communal Economy and Infrastructure
Maršala Tita 62 Reisa Džemaludina Čauševića 1
71 000 Sarajevo 71 000 Sarajevo
T +387(0)33 565-005 T +387(0)33 562-086
F +387(0)33 565-052 F +387(0)33 562-177
E mail [email protected] E mail [email protected]
Web http://mf.ks.gov.ba Web http://mki.ks.gov.ba
Ministry of Transport Ministry for Education, Science and Youth
Reisa Džemaludina Čauševića 1 Reisa Džemaludina Čauševića 1
71 000 Sarajevo 71 000 Sarajevo
T +387(0)33 562-058 T +387(0)33 562-128
F +387(0)33 562-059 F +387(0)33 562-218
E mail [email protected] E mail [email protected]
Web http://ms.ks.gov.ba Web http://mon.ks.gov.ba 103
The Ministry of Physical Planning, Construction and Ministry of Labor, Social Policy, Displaced Persons and Environmental Protection Refugees
Reisa Džemaludina Čauševića 1 La Benevolencije 16
71 000 Sarajevo 71 000 Sarajevo
T +387(0)33 562-029 T +387(0)33 286-700
F +387(0)33 562-031 F +387(0)33 226-445
E mail [email protected] E mail [email protected]
Web http://mpz.ks.gov.ba Web http://mup.ks.gov.ba
Ministry of Culture and Sports Ministry of Interior Affairs
Reisa Džemaludina Čauševića 1 La Benevolencije 16
71 000 Sarajevo 71 000 Sarajevo
T +387(0)33 562-062 T +387(0)33 286-700
F +387(0)33 562-221 F +387(0)33 226-445
E mail [email protected] E mail [email protected]
Web http://mks.ks.gov.ba Web http://mup.ks.gov.ba
Ministry of Health Ministry of Justice and Administration
Reisa Džemaludina Čauševića 1 Reisa Džemaludina Čauševića 1
71 000 Sarajevo 71 000 Sarajevo
T +387(0)33 562-104 T +387(0)33 562-083
F +387(0)33 562-243 F +387(0)33 562-084
E mail [email protected] E mail [email protected]
Web http://mz.ks.gov.ba Web http://mpu.ks.gov.ba 104
Ministry for Issues of Veterans Sarajevo Canton Planning Institute
Reisa Džemaludina Čauševića 1 Branilaca Sarajeva 26
71 000 Sarajevo 71 000 Sarajevo
T +387(0)33 562-012 T +387(0)33 258-265
F +387(0)33 562-251 F +387(0)33 209-543
E mail [email protected] E mail [email protected]
Web http://mbp.ks.gov.ba Web http://zpr.ks.gov.ba
Sarajevo Canton Development Institute Chamber of Commerce of Sarajevo Canton
Kaptol 3 La Benevolencije 8
71 000 Sarajevo 71 000 Sarajevo
T +387(0)33 254-900 T +387(0)33 250-100
F +387(0)33 226-523 F +387(0)33 250-137
E mail [email protected] E mail [email protected]
Web http://zik.ks.gov.ba/ Web http://www.pksa.com.ba
Sarajevo Regional Development Agency (SERDA) Municipality Stari Grad
Kolodvorska 6 Zelenih beretki br. 4
71 000 Sarajevo 71 000 Sarajevo
T +387(0)33 652-935 T +387(0)33 282-300
F +387(0)33 663-923 F +387(0)33 205-777
E mail [email protected] E mail [email protected]
Web http://www.serda.ba Web http://www.starigrad.ba 105
Municipality Centar Municipality Novo Sarajevo
Mis Irbina 1 Zmaja od Bosne br. 55
71 000 Sarajevo 71 000 Sarajevo
T +387(0)33 562-300 T +387(0)33 492-100
F +387(0)33 562-400 F +387(0)33 644-559
E mail [email protected] E mail [email protected]
Web http://www.centar.ba Web http://www.novosarajevo.ba
Municipality Novi Grad Municipality Ilidža
Bulevar Meše Selimovića 97 Butmirska cesta 12
71 000 Sarajevo 71210 Ilidža
T +387(0)33 291-100 T +387(0)33 775-600
F +387(0)33 291-278 F +387(0)33 775-777
E mail [email protected] E mail [email protected]
Web http://www.novigradsarajevo.ba Web http://www.opcinailidza.ba
Municipality Vogošća Municipality Hadžići
Jošanička 80 Hadželi 114
71320 Vogošća 71240 Hadžići
T +387(0)33 586-400 T +387(0)33 475-900
F +387(0)33 586-444 F +387(0)33 475-952
E mail [email protected] E mail [email protected]
Web http://www.vogosca.ba/ Web http://hadzici.ba/ 106
Municipality Ilijaš Municipality Trnovo
126. Ilijaške brigade Trnovo b.b.
71 380 Ilijaš 71 223 Delijaš
T +387(0)33 580-620 T +387(0)33 586-700
F +387(0)33 400-505 F +387(0)33 586-705
E mail [email protected] E mail [email protected]
Web http://www.ilijas.ba Web http://www.trnovo.ba/ 107
LIST OF THE BANKS IN SARAJEVO CANTON
“BOR banka" d.d. Sarajevo “Bosna Bank International" d.d. Sarajevo
Obala Kulina bana 18 Trg djece Sarajeva 1
71 000 Sarajevo 71 000 Sarajevo
T +387(0)33 278-520 T +387(0)33 275-177
F +387(0)33 278-550 F +387(0)33 275-178
E mail [email protected] E mail [email protected]
Web http://www.borbanka.ba Web http://bbi.ba/
“Hypo Alpe Adria Bank" d.d. Mostar, Sarajevo Office “Intesa Sanpaolo Banka Bosna i Hercegovina" d.d. Sarajevo
Trg solidarnosti 12 Obala Kulina bana 9a
71 000 Sarajevo 71 000 Sarajevo
T +387(0)33 755-777 T +387(0)33 497-555
F +387(0)33 755-725 F +387(0)33 497-589
E mail [email protected] E mail [email protected]
Web http://www.hypo-alpe-adria.ba/ Web http://www.intesasanpaolobanka.ba
"MOJA BANKA" d.d. Sarajevo 'NLB Banka" d.d. Tuzla, Sarajevo Office
Trg međunarodnog prijateljstva 25 Džidžikovac 1
71 000 Sarajevo 71 000 Sarajevo
T +387(0)33 720-300 T +387(0)33 586-870
F +387(0)35 302-806 F +387(0)33 586-880
E mail [email protected] E mail [email protected]
Web http://www.moja-banka.ba Web http://www.nlb.ba 108
"Privredna banka Sarajevo" d.d. Sarajevo "ProCredit Bank Bosna i Hercegovina" d.d. Sarajevo
Alipašina 6 Franca Lehara bb
71 000 Sarajevo 71 000 Sarajevo
T +387(0)33 277-700 T +387(0)33 250-950
F +387(0)33 226-619 F +387(0)33 250-971
E mail [email protected] E mail [email protected]
Web http://www.pbs.ba Web http://www.procreditbank.ba
"Raiffeisen Bank Bosna i Hercegovina" d.d. Sarajevo "Razvojna banka Federacije B&H"
Zmaja od Bosne bb Igmanska 1
71 000 Sarajevo 71 000 Sarajevo
T +387(0)33 755-010 T +387(0)33 724-930
F +387(0)33 213-851 F +387(0)33 668-952
E mail [email protected] E mail [email protected]
Web http://www.raiffeisenbank.ba Web http://www.raiffeisenbank.ba
"Sberbank BH" d.d. Sarajevo "Sparkasse Bank" d.d. Bosna i Hercegovina
Fra Anđela Zvizdovića 1 Zmaja od Bosne 7
71 000 Sarajevo 71 000 Sarajevo
T +387(0)33 954-700 T +387(0)33 280-300
F +387(0)33 295-603 F +387(0)33 280-230
E mail [email protected] E mail [email protected]
Web http://www.sberbank.ba Web www.sparkasse.ba 109
"UniCredit Bank" d.d. Mostar, Sarajevo Office "Union banka" d.d. Sarajevo
Maršala Tita 48 Dubrovačka 6
71 000 Sarajevo 71 000 Sarajevo
T +387(0)33 253-375 T +387(0)33 561-000
F +387(0)33 253-379 F +387(0)33 219-201
E mail [email protected] E mail [email protected]
Web https://www.unicreditbank.ba Web http://www.unionbank.ba
"Vakufska banka" d.d. Sarajevo "Turkish Ziraat Bank Bosnia" d.d. Sarajevo
Maršala Tita 13 Dženetića Čikma 2
71 000 Sarajevo 71 000 Sarajevo
T +387(0)33 280-100 T +387(0)33 252-230
F +387(0)33 663-399 F +387(0)33 252-245
E mail [email protected] E mail [email protected]
Web http://www.vakuba.ba Web http://www.ziraatbosnia.com 110 111
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