Banja Luka Stock Exchange - Foreign Investment Regulation and Taxation

Foreign Investment Regulation and Taxation

A foreign investor has equal rights as a native investor concerning rights and liabilities and legal status in an enterprise. A foreign investor acquires the right on additional guaranties that are not granted to local persons since the Constitutions of the Republika Srpska prescribes that the right acquired by investment of capital shall not be reduced by the law or any other regulation and guarantees free expatriation of profit and of capital after the end of investment.

Forms of foreign investments in accordance with the Law as follows:

  • establishment of legal body fully owned by the foreign investor
  • establishment of legal body jointly owned by national and foreign investors
  • investments in existing legal bodies
  • special forms of investments.

According to the Law on Enterprises in the Republic of Srpska it is possible to establish:

  • public enterprise
  • partnership
  • limited partnership
  • stock company
  • limited liability company.

Foreign persons may acquire shares and stocks. Stock company and limited liability company may be established with equity in form of money, goods or rights.

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