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.
Read more about this topic: Banja Luka Stock Exchange
Famous quotes containing the words foreign, investment, regulation and/or taxation:
“So the gentle poet’s name
To foreign parts is blown by fame;
Seek him in his native town,
He is hidden and unknown.”
—Ralph Waldo Emerson (1803–1882)
“The only thing that was dispensed free to the old New Bedford whalemen was a Bible. A well-known owner of one of that city’s whaling fleets once described the Bible as the best cheap investment a shipowner could make.”
—For the State of Massachusetts, U.S. public relief program (1935-1943)
“Nothing changes my twenty-six years in the military. I continue to love it and everything it stands for and everything I was able to accomplish in it. To put up a wall against the military because of one regulation would be doing the same thing that the regulation does in terms of negating people.”
—Margarethe Cammermeyer (b. 1942)
“The Government is able to afford a suitable army and a suitable navy. It may maintain them without the slightest danger to the Republic or the cause of free institutions, and fear of additional taxation ought not to change a proper policy in this regard.”
—William Howard Taft (1857–1930)