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News_BiH

Draft Law on Amendments to the Law on Fiscal Cash Registers in Republic of...

The Government of Republic of Srpska has published the Draft Amendments to the Law on Fiscal Cash Registers. The changes relate predominantly to the levels and to the duration of the sentence in certain misdemeanor procedures. The maximum penalties are…

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News_BiH

Amendments to the Law on Cash Registers in Brčko District

On 17 October 2018, the Assembly of Brčko District adopted amendments to the Law on Cash Registers, essentially narrowing the list of persons who are subject to an obligation to register invoices using cash registers. The new amendments now grant…

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News_BiH

Favorable terms for BH entities exporting to USA

With the new revision of the US Congress, the Decision on extending the GSP (Generalized System of Preferences), which allows goods produced in Bosnia and Herzegovina to have authorized customs treatment on import into the United States, was adopted. For…

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News_BiH

BH’s Republic of Srpska issues Rulebook on Tax adviser License

Almost 10 years after the adoption of the Law on Tax Consultancy, on 14 February 2018 the Ministry of Finance adopted the Rulebook on Tax Advisers’ Licenses (the Rulebook), which then entered into force on 22 February 2018. The Rulebook…

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News_BiH

Republic of Srpska introduces new law on the deadlines for settlement of...

The National Assembly of Republic of Srpska adopted a Law that regulates the deadlines for settlement of financial obligations and penalties applicable in case of failure to comply. The law – published in the Official Gazette no. 31/18 – is…

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News_BiH

Amendments to the Law on Excise Duties in Bosnia and Herzegovina

Amendments to the Law on Excise Duties in Bosnia and Herzegovina On 15 December 2017, the Parliament adopted long-delayed amendments to the Excise Law in Bosnia and Herzegovina (BiH) following a 15-hour long debate in parliament and resistance from the…

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News_BiH

Electronic Services of Indirect Taxation Authority of Bosnia and Herzegovina

On November 16, 2017 the Governing Board of the Indirect Taxation Authority (ITA) issued the Instruction on Registration of Users of the ITA Electronic Services. The Instruction entered into force on December 9, 2017. All taxpayers are obliged to register…

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News_BiH

Bosnia and Herzegovina ratifies updated treaty with Romania

On 27 June 2017, the Prime Minister of Bosnia and Herzegovina adopted a decision ratifying the income tax treaty between Bosnia & Herzegovina and Romania, which was signed on 6 December 2016. When it becomes effective (pending Romania’s ratification), the…

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News_BiH

Amendments to Air Protection Law in Republic of Srpska of Bosnia and

The National Assembly of the Republic of Srpska (RS) adopted the amendments to the Air Protection Law (the Law) on 27 April 2017. With the amendments, the new Law is now harmonized with the European Union acquis communautaire. “In order…

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News_BiH

Law on Financial Operations in the Federation of Bosnia and Herzegovina (FBiH)

The Law on financial business activities in FBiH was published in the Official Gazette of FBiH No. 48/16 in June 2016, while it became effective as of December 30, 2016. The Law is the result of harmonization of BiH’s legislation…

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