Bosnia — Regulatory Summary

Bosnia & Herzegovina (BA) Regulatory Requirements 
 Overview 
 
 Country Code: BA 
 Currency: BAM (Convertible Mark), symbol "KM" 
 EU Status: Non-member (potential candidate) 
 Open Banking: Not adopted 
 Payment System: Gyro Clearing + RTGS (Real-Time Gross Settlement) 
 
 COMPLEXITY: BiH has two entities: 
 
 FBiH (Federation of Bosnia and Herzegovina) 
 RS (Republika Srpska) 
 
 VAT is unified at state level. Direct taxes (CIT, WHT) are separate per entity. 
 VAT (PDV - Porez na dodanu vrijednost) 
 
 
 
 Rate Type 
 Rate 
 Description 
 
 
 
 
 Standard 
 17% 
 General goods and services (opća stopa) 
 
 
 Zero 
 0% 
 Exports 
 
 
 
 No reduced rates 
 Registration Threshold: 100,000 BAM annual turnover
 Return Frequency: Monthly
 Filing Deadline: TBD (check UIO portal)
 Portal: UIO (Indirect Taxation Authority) 
 Corporate Income Tax (CIT - Porez na dobit) 
 
 Rate: 10% (both FBiH and RS) 
 Filing Deadline: March 31 
 Administration: Separate per entity
 
 FBiH: Tax Administration of FBiH 
 RS: Tax Administration of RS 
 
 
 
 Withholding Tax (WHT) 
 
 
 
 Type 
 FBiH 
 RS 
 
 
 
 
 Dividends 
 5% 
 10% 
 
 
 Interest 
 10% 
 10% 
 
 
 Royalties 
 10% 
 10% 
 
 
 
 IMPORTANT: Dividend WHT differs by entity! 
 Small Business Regime 
 
 No specific pausal regime like Serbia or Croatia 
 Standard taxation applies regardless of size 
 
 E-Invoice (CPF - Central Platform for Fiscalisation) 
 Status: PENDING (expected ~2027)
 Law Adopted: January 2026 (FBiH only)
 Technical Specs: NOT YET PUBLISHED 
 Planned Coverage: 
 
 B2B/B2G: CPF platform 
 B2C: ESET fiscal devices 
 
 RS Entity: Separate regulations, no mandate yet 
 Implementation Note: Monitor for technical specifications publication. Do NOT implement until specs available. 
 Fiscal Devices (B2C) 
 Required for: Cash sales
 System: ESET (Electronic System of Tax Registers) 
 Chart of Accounts (Kontni okvir) 
 Regulation: FBiH Pravilnik (2022)
 Structure: 10-class system (0-9) 
 
 Class 0: Fixed assets & long-term placements 
 Class 1: Inventory 
 Class 2: Short-term receivables, cash 
 Class 3: Capital 
 Class 4: Long-term liabilities 
 Class 5: Operating expenses 
 Class 6: Revenue 
 Class 7: Financial income 
 Class 8: Financial expenses 
 Class 9: Off-balance sheet accounts 
 
 Note: RS may have slight variations - need verification 
 Accounts: 3-digit base accounts, 4-5 digit analytical accounts 
 Financial Statement Filing 
 Institution: 
 
 FBiH: Agency of Financial Information 
 RS: Tax Administration of RS 
 
 Deadline: March 31
 Required Statements: 
 
 Balance Sheet (Bilans stanja) 
 Income Statement (Bilans uspjeha) 
 Cash Flow Statement (large entities) 
 Statement of Changes in Equity (large entities) 
 
 Document Retention: 
 
 FBiH: 10 years 
 RS: 11 years 
 
 Bank Integration 
 Format: ISO 20022 (aligned, not full SEPA)
 Payment System: Gyro Clearing + RTGS
 Instant Payments: Not available 
 Accounting Standards 
 Adopted: IFRS (International Financial Reporting Standards) by both entities
 Optional: IFRS for SMEs 
 Key Dates 
 
 
 
 Event 
 Deadline 
 
 
 
 
 VAT return 
 Monthly (check UIO) 
 
 
 CIT annual return 
 March 31 
 
 
 Financial statements filing 
 March 31 
 
 
 
 Implementation Notes 
 
 Package: @bilko/country-ba 
 CPF integration: DO NOT implement until technical specs published (~2027) 
 Entity handling: Must support FBiH vs RS distinction for CIT and WHT 
 Language: Bosnian (Latin script), Serbian (Cyrillic) also used in RS 
 VAT unified: Single UIO portal for all entities 
 Direct taxes separate: FBiH and RS have different portals and deadlines 
 
 Unknowns & Risks 
 
 CPF technical specs - Not published, expected ~2027 
 RS e-invoice mandate - No timeline yet 
 Specific account numbers - Need actual Pravilnik documents 
 RS chart of accounts - May differ from FBiH, needs verification 
 
 Recommendation: Launch BiH THIRD (after Serbia and Croatia) to allow time for regulatory clarity.