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: FinancialCosts income(Troškovi) — cost accounting: cost of goods sold, services, production costs
• 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

1. CPF technical specs - Not published, expected ~2027
2. RS e-invoice mandate - No timeline yet
3. Specific account numbers - Need actual Pravilnik documents
4. RS chart of accounts - May differ from FBiH, needs verification

Recommendation: Launch BiH THIRD (after Serbia and Croatia) to allow time for regulatory clarity.