How to set up a business in Europe?

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Many companies or individuals who have started their own businesses are trying to spread their products and services across Europe. 

As one of the fastest growing countries in the Western Balkans, Bosnia and Herzegovina is a great place to start your European business journey. 

Bosnia and Herzegovina is strategically well located. It’s near Italy, Austria and other sophisticated and developed European countries.

Bosnia and Herzegovina has an amazing business opportunities for exporting since it has a free trade agreements such as: 

  • Central European Free Trade Agreement (CEFTA) – with Albania, Serbia, Moldova, Montenegro, Macedonia and Kosovo
  • Free Trade Agreement with Turkey which provides additional free access to this consumer market with 70 million people. 
  • The Stabilization and Association Agreement (SAA) between the EU and B&H entered into force on Jun 1, 2015. The SAA establishes a close partnership between the EU and B&H and deepens the political, economic and trade ties between the two parties. Free Trade Agreement between Bosnia and Herzegovina and  EFTA (Switzerland, Norway, Iceland and Liechtenstein) was signed on 24 June 2013 in Norway, and entered into force in January 2015.

Bosnia and Herzegovina also has a stable currency pegged to euro called Convertible Mark (BAM). 

 

Park Consultancy under Park Group Dubai offers service in opening a company in Bosnia and Herzegovina at a very reasonable rate. 

For more information, you can contact info@parkgroupdubai.com

 

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