TRENDS AND PERSPECTIVES OF INCORPORATION OF THE LIMITED LIABILITY COMPANIES IN BOSNIA AND HERZEGOVINA AND NEIGHBORING COUNTRIES
TRENDS AND PERSPECTIVES OF INCORPORATION OF THE LIMITED LIABILITY COMPANIES IN BOSNIA AND HERZEGOVINA AND NEIGHBORING COUNTRIES

Summary/Abstract: The author analyzes the process of establishing companies in Bosnia and Herzegovina, with an emphasis on limited liability companies, making a comparison with the surrounding countries and the acquis communautaire. It is pointed out that the incorporation is not limited to registration and in that sense the substantive difference between the two terms is explained, especially from the aspect of defining legal relations from the pre-incorporation phase and liability for the undertaken obligations. Regarding the registration procedure itself, it is concluded that in Bosnia and Herzegovina, i.e. its entities and Brčko District, which are competent for regulating the analyzed matter, the trends of neighboring countries and the European Union are followed, and that the improvement is especially related to the introduction of electronic registration, shortening and facilitating of procedure and rationalization of costs.

• Details
• Contents