Our Expertise
Managing a global workforce in Bosnia and Herzegovina
Bosnia and Herzegovina offers a strategic location in Southeast Europe with a growing potential for businesses across various sectors. While the local labor market presents unique opportunities, it also comes with complex regulatory requirements. TopSource Worldwide’s Employer of Record services in Bosnia and Herzegovina handle every aspect of compliance, from payroll to employment contracts, allowing you to focus on growing your business without the administrative burden.
Extensive expertise
Our team of experienced, knowledgeable staff collectively provide up-to-date employment information across 180 countries, so you can always get accurate advice.
Entity-free employment
Feel free to hire employees from all over the world without being weighed down by setting up entities, running complex payroll or recruiting a hiring team.
Payroll without hassle
Have the confidence that your staff will always be paid accurately and on time, so that you can focus on your core business activities and work towards your success.
Always-on support
Access helpful, relevant, personalised advice whenever you need it, along with expert-led recruitment policies and tried-and-tested HR best practices.
"With TopSource we were able to have employees hired or maintained in Nutreco without having to establish an entity in these countries for only 1-2 employees. I think most countries are covered by TopSource, so they can help us with almost all cases. Good advice on conditions and direct contact with employees. Invoicing done directly to the company. An easy process compared to hiring employees by ourselves."
Annette van Duijnhoven
”We searched the market for a local payroll vendor in 2014 and we chose TopSource as our partner. We were looking for error-free and timely payroll processing and TopSource Worldwide delivers this, saving us time and money. We have worked together for 8 years now and would recommend them to anyone."
Praveen Lihinar
Personalised Employer of Record services in Bosnia and Herzegovina
TopSource Worldwide offers personalised Employer of Record (EOR) services tailored to meet the specific needs of your business in Bosnia and Herzegovina. This includes handling employee onboarding, payroll processing, tax compliance, employee benefits management, and HR support. Our EOR services ensure that your business meets all legal and regulatory requirements, providing a hassle-free solution to manage your Bosnia and Herzegovina-based employees.
End-to-end Bosnia and Herzegovina payroll services
Looking to expand into Bosnia and Herzegovina ? Our unparalleled expertise in global payroll services ensures that your business can seamlessly navigate the complexities of payroll on a global scale, supporting your [Bosnia and Herzegovina expansion initiatives.
Global entity management
Venturing into the Bosnian market can be both exciting and challenging. With distinct business regulations, cultural nuances, and economic landscapes, it's essential to have a clear roadmap for your business establishment journey.
Accounting
Whether your goal is to process your purchase-to-pay transactions with minimum errors or manage your expense claim procedure, our team of experts can handle your accounting responsibilities, allowing you to focus on your core business and save time and money.
Global EOR services
Managing a diverse global workforce can be complex. This is where TopSource steps in as an invaluable employer of record services partner for companies seeking to expand their global reach while ensuring compliance with local employment laws and regulations.
Global Expansion Simplified
How to do business in Bosnia and Herzegovina
Entering the Bosnian market presents a mix of excitement and challenges. Given unique business regulations, cultural intricacies, and economic dynamics, a well-defined roadmap is crucial for a successful business establishment.
TopSource Worldwide is with you at every stage. Whether it's navigating local regulations or facilitating seamless operational transitions, our expertise ensures a swift and efficient process for establishing your business in Bosnia and Herzegovina .
[COUNTRY] Insights
Key insights into Bosnia and Herzegovina's landscape
VAT rates: Bosnia and Herzegovina applies a standard VAT rate of 17% across most goods and services.
Ease of Doing Business rank: Bosnia and Herzegovina is ranked 90th in the Ease of Doing Business, highlighting certain challenges in navigating its business environment.
Consumer Confidence Index: The Consumer Confidence Index in Bosnia and Herzegovina is gradually improving, indicating a cautious optimism among consumers.
Employee maternity/paternity leave: Maternity leave in Bosnia and Herzegovina is up to 1 year, with paternity leave also available, reflecting the country's strong family support policies.
Employee termination period: Termination notice periods in Bosnia and Herzegovina vary but generally require two months' notice for employees.
Employee salary pay date: Typically, employees in Bosnia and Herzegovina are paid once a month, with the exact timing agreed upon in the employment contract.
Bank holidays: Bosnia and Herzegovina celebrates 13 public holidays, which include both secular and religious celebrations unique to its cultural heritage.
Our author
Mark Robbins
Global Sales Director
Mark is the Sales Director at Topsource Worldwide. He has been a pioneering figure in the global expansion space since 2013. He is the first salesperson to sell EOR services in Europe, a feat he accomplished in 2013.
Published 2023-11-14 00:00:00
Updated 2023-11-15 00:00:00
Reviewed by:
Adrian Cooney
Fact checked by:
Adrian Cooney
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