Bosnia to bring forward proposed bill on mandatory e-invoicing 2025 The Balkans state of Bosnia and Herzegovina is formulating a bill to introduce mandatory electronic invoicing, including live reporting to government tax authorities. This is likely to be presented the parliament in early 2025. No
Annual VAT registration threshold rises to BAM 100,000 The Bosnian and Herzegovina parliament has approved an increase in the annual VAT registration threshold. The new threshold will be BAM 100,000 (approximately €51,050 ), doubling form BAM 50,000. The registration threshold only applies to resident businesses.
2023 implementation to align with EU rules on taxation in location of consumption The Balkan state of Bosnia and Herzegovina (B&H) imposed Value Added Tax on non-resident providers of digital services from 2023. The obliges foreign providers to register, collect and remit 17% VAT to
Reduced VAT rate on foods; rise for ‘luxury’ goods The Bosnian assembly of Republika Srpska has approved a reduction on basic foodstuffs from the reduced VAT rate of 17% to 5%. At the same time, a range of ‘luxury’ goods in the 17% band will
Bosnia continues harmonisation with EU VAT Directive rules Bosnia and Herzegovina is to update a range of VAT rules under its Law on VAT. This is to help businesses comply with the rules, but also to harmonis the indirect tax regime with the EU VAT
The Bosnia and Herzegovina tax authorities have announced a rise in the Value Added Tax registration threshold and a range of other measures which should come into effect before the end of 2021. Bosnia moves toward European Union VAT regime The changes to the VAT
