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Bosnia and Herzegovina Taxation

Title Legal and fiscal situation in Bosnia and Herzegovina
Subtitles (Beratungspaket)
Author Bernd Nußbickel
Pages 218 Pages
College Justus-Liebig University in Giessen Germany
Type of Work Work Study
Fee 1998
Note
Language German
Synopsis
Abstract:In the immediate consequence of the Daytenabkommens in 1995 was led by the international community to eliminate the consequences of war relief funds to Bosnia-Herzegovina, the meantime there have triggered billions of dollars in Investitonen.Since parallel with the provision of resources, a number of security mechanisms have been created for foreign investment, offer to foreign investors are good entry points to a new dynamically developing market, the territorial borders of Bosnia-Herzegovina can also create a gateway to the markets of the Balkans and the Middle East. In addition to favorable labor market conditions in the form of low wages, high-skilled labor discipline and a good “know-hows” currently offering special opportunities by calling at the time of privatization of former state farms.

Exchange- and inflation risks do not exist through the coupling of the local currency to the German mark. For German firms, which are highly regarded by locals as traditional economic partners, to provide activity opportunities through start-ups, -acquisitions or partial acquisition, Contract production at favorable terms, joint-ventures, Machinery- und know-how-Transfer etc.. As in Bosnia as a prerequisite for a sustained commitment of foreign investors still missing, is a legal system of succession to the property after the former Yugoslav model farms and erected a consistent privatization plan. The Serb Republic has already adopted the privatization plan, one coupon provided mass privatization after the lottery principle, was stopped by the intervention of the World Bank again. The Federation of Bosnia and Herzegovina currently tends to, on the model of the German Treuhand, privatization in the international tenders provides, to orient. More