Mediterranean country with breath-taking natural beauties, cultural heritage and abundant natural resources – Seen as Germany’s “extended workbench”

Choosing Bosnia and Herzegovina for a nearshore location in Eastern Europe

  • Educated and skilled low cost IT workforce with European mindset
  • Proficiency in languages (English, German and Scandinavian languages)
  • Several of Bosnia and Herzegovina’s faculties have established online training programs in partnership with U.S. and European universities
  • Strong technical education and experience gained by participating in international projects through student work abroad programs
  • Leading multinational hardware and software suppliers (Siemens, Microsoft, Cisco Systems, Oracle) have local sales and support services in Bosnia and Herzegovina
  • Potential candidate for EU membership ( Thessaloniki European Council summit, June 2003)
  • Stable currency linked with Euro and lowest inflation in SEE
  • European cultural affinity and business culture to the EU standards
  • Huge investments on stability in the past 20 years since the end of war
  • EU compliant legislation
  • Active participation in the European research area and involvement in international scientific cooperation through the INOVO project support and the development of innovation centers in Banja Luka and Mostar


Even more reasons why companies should consider doing business in Bosnia and Herzegovina

  • Ranked as the 8th world’ friendliest country to foreigners (CNN 2013)
  • Sarajevo International Airport (SJJ) provides direct connections to most major European cities within 2 hours flight
  • Operating in Central European Time Zone (UTC + 1 hour)
  • EU Schengen visa which allows a stay for up to 90 days in any 180-day period in the EU Schengen area
  • Political and economic stabilization (Signed Stabilisation and Association Agreement-SAA with the EU)
  • Member of the World Trade Organization
  • Robust economy with steadily growth rate
  • Attractive corporate income tax of 10%, income tax of 10%  and VAT at 17%
  • Sarajevo, the capital of Bosna and Herzegovina was a host city of XIV Olympic Winter Games in 1984
  • Many European companies are moving their production to Bosnia and Herzegovina due to the long industrial tradition, competitive workforce cost, favorable business environment and geographical location