a) ATTRACTIVE SECTORS: AGRICULTURE AND FOOD PROCESSING, ENERGY, MINING, METAL INDUSTRY, FORESTRY AND WOOD PRODUCTS, AUTOMOTIVE INDUSTRY, BANKING AND FINANCIAL SERVICES, CONSTRUCTION INDUSTRY, TELECOMMUNICATIONS, TOURISM
b) PRIVATIZATION: Privatization in Bosnia and Herzegovina is an overall process, which provides an array of the possibility to both local and foreign physical and legal entities to participate in the purchase of the state capital, including enterprises, banks and apartments with existing tenancy rights.
The “strategic enterprises” were selected for tender privatization, offering numerous privatization opportunities to remain throughout Bosnia and Herzegovina.
The privatization process of state-owned companies is well underway. An estimated 60% of small companies and more than 30% of the large ones are now privately owned or publicly traded. Bosnia and Herzegovina is accelerating the privatization process for companies of strategic importance in order to increase economic growth and enhance the volume of foreign investment.
Nevertheless, a number of these “strategic enterprises”, which includes large enterprises, telecommunications and power utilities sectors, public utilities, mines, etc, are not still privatized, presenting a choice of opportunities for potential foreign and local investors.
Privatization in the Federation of Bosnia and Herzegovina is managed by the FBiH Privatization Agency www.apf.com.ba, and in the Republic of Srpska - the RS Privatization Directorate in Republika Srpska www.rsprivatizacija.com.
c) FREE TRADE ZONES IN BOSNIA AND HERZEGOVINA:Free trade zones are part of the customs territory of BiH managed by the founder of the free zone. There are several free zones in BiH.
Each free zone has the status of legal entity and it acquires legal capacity and the capacity to exercise rights upon registration in accordance with the Act on Establishing Free Zones in the Court Register.
Free zone founders may be one or more domestic or foreign legal entities registered in BiH. The Council of Ministers of BiH, following a proposal of the Ministry of Foreign Trade and Economic Relations, gives its consent for the establishment of the free zone, if the conditions for establishment are economically justified, i.e. if, on the basis of the submitted feasibility study on justification of the establishment of the free zone and other evidence, it can be assessed that the value of goods exported from a free zone will exceed at least 50% of the total value of manufactured goods leaving the free zone within a period of 12 months.
The users of free zones do not pay taxes and contributions, with the exception of those related to salaries and wages. Investors are free to invest capital in the free zone, transfer their profit and retransfer capital.
Customs and tariffs are not paid on imports into the free zone. The import of equipment that will be used for manufacturing within the free zone are exempt from paying customs duties and fees :
- FREE ZONE "VOGOŠĆA"
- FREE ZONE "VISOKO"
- FREE ZONE "HERCEGOVINA-MOSTAR"
- FREE ZONE “SLOBOMIR” BIJELJINA
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