Owners hide their responsibility behind a limited liability company (LLC)

The golden rule and one of the fundamental principles of business corporations is that members or founders of a business entity are not personally liable for the debts of that entity, up to the amount of the contributed founding capital. While in certain parts of Bosnia and Herzegovina, a company can be established with as […]

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EU Comission – €2.9 billion for promoting investments in the green industry

The EU Commission has approved the French scheme amounting to €2.9 billion to incentivize investments in Renewable Energy (RE) projects, aiming to facilitate the transition to a zero-emission CO2 economy in line with the “Green Deal” industrial plan. The measure will be open to companies planning investment projects in the production of solar panels, batteries,

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Signing of Management Contracts in Bosnia and Herzegovina’s Practice

The need for management contracts arises when an employer needs to arrange for a relationship beyond that of one with a simple employee – one with an individual performing managerial or supervisory tasks. Therefore, the relevant labor laws (in the Federation of Bosnia & Herzegovina, Republika Srpska, and Brcko District of Bosnia & Herzegovina) introduce

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OIE Bosna i Hercegovina obnovljiva enerija

Energy Law of Bosnia and Herzegovina – Connection with the EU, Investment Protection, and Transparency and Simplicity in Obtaining Permits for Renewable Energy Projects

Bosnia and Herzegovina (B&H) is located in the so-called “Western Balkans” region, borders the EU, and has an area of 51,209 km2. Its highly favorable geographical location for harnessing energy potentials has positioned B&H as the only country in the surrounding area with a significant surplus in exporting electrical energy. The water potential is represented

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The best place to invest in renewable energy – Bosnia and Herzegovina

The rapid development of many industries, urbanization, and economic growth are causing increased global demands for energy supply. By 2040, a 1.2% yearly increase in energy supply is predicted. By signing the Energy Community Establishment Agreement, Bosnia and Herzegovina joined other members to create the largest internal market for electricity and gas at the global

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Challenges and Potentials of Public-Private Partnerships

Governments and local authorities are under pressure to provide services of greater quantity and quality, but in most cases, they cannot do so independently. Many governments turn to public-private partnerships (PPPs), hoping that the private sector will finance public infrastructure and services affected by financial crises. Public-private partnerships involve collaboration between the government, government agencies

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Accountants BAM 50,00 per month – To the company director in B&H and up to 20 years in prison

In recent years, the Bosnian market has witnessed the emergence of numerous accounting firms, established with the aim of attracting a larger number of clients, often at the expense of the quality of the services provided. The low price of the service, starting at BAM 50,00 for a wide range of requirements, is often tempting

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What you need to know about the new mechanism for regulating CO2 emissions?

In its new strategic organization dedicated to climate policy, the European Union has launched the first carbon border tax known as the Carbon Border Adjustment Mechanism (CBAM). CBAM, or Carbon Border Adjustment Mechanism, is a mechanism aimed at regulating CO2 emissions in international trade and is part of the European Green Deal. It involves a

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Law firm participant at the AUSTRIA CONNECT SEE 2023 conference on the topic “The Turn of an Era and What This Means for Southeast Europe”

The prestigious professional conference for managers in the Southeast Europe region, AUSTRIA CONNECT SEE, was held in Bled, Slovenia, at the end of September 2023. The topics covered were the circular economy, supply chains, as well as artificial intelligence and digitization. The conference brought together Austrian companies and their business units from Bosnia and Herzegovina,

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The representative of the IBRAHIMOVIĆ & CO Law Firm as a panelist at the International Energy Forum INTERENEF in Split, Croatia

Today, the International Energy Forum has become a tradition, bringing together experts from the academic, business, and political spheres to identify issues and present the latest dimensions of energy policy, both in the European Union and in other European countries. Over the years, this forum has established itself as a focal point for discussions on

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