Employing 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.

Contents

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.

report_and_magnifying_glass

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.

globe_and_pin

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.

wallet-1

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. 

speech_baloon_and_headset

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.

bottom-graph

Global Employee Cost Calculator

Estimate the cost of your new hire with our calculator. Simply enter their location and salary information in to this handy tool to see what will be spent in employment costs each month.

TESTIMONIALS

Hear from our clients about our EOR solutions in Bosnia and Herzegovina

"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
Nutreco

”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
Sungard

”TopSource Worldwide has a detailed and methodical onboarding process that made it easy for us to get set up and running with our UK employees. They were able to take the worry out of trying to comply with all local laws and regulations. Because they have this knowledge we do not have to research on our own and hope we are in compliance. This has saved us hours of time and gives both the company and employees a sense of security."

Supervisor
Client based in Ft Worth, Texas, USA
GLOBAL EXPANSION STRATEGY

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.

wallet-color wallet-hover

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.

industry-big adaptive-white-1

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.

pay-3 pay-white-2

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.

woman_and_man_figures human-hover

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 .

bottom-graph-2

[COUNTRY] Insights

Key insights into Bosnia and Herzegovina's landscape

currency

VAT rates: Bosnia and Herzegovina applies a standard VAT rate of 17% across most goods and services.

rank

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.

index

Consumer Confidence Index: The Consumer Confidence Index in Bosnia and Herzegovina is gradually improving, indicating a cautious optimism among consumers.

people

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.

notice

Employee termination period: Termination notice periods in Bosnia and Herzegovina vary but generally require two months' notice for employees.

date-2

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.

hand_holding_coin

Bank holidays: Bosnia and Herzegovina celebrates 13 public holidays, which include both secular and religious celebrations unique to its cultural heritage.

Employ and pay anywhere

Specialising in multi-country payroll solutions

TopSource Worldwide offers comprehensive payroll outsourcing services, ensuring seamless and accurate management of your organisation's payroll functions. With cutting-edge technology and a team of experienced professionals, we handle payroll processing, tax compliance, and regulatory requirements with precision.

Calculate Your Employer of Record Taxes in Seconds

Employment Cost Calculator in Bosnia and Herzegovina

Our Employment Cost Calculator simplifies complex tax calculations for global businesses. Accurately assess tax obligations, ensuring compliance with local regulations. Streamline payroll management effortlessly with our user-friendly tool, providing transparency and efficiency in international workforce taxation.

In addition to calculating your EOR taxes, our calculator can also help you:

  • Understand the different types of EOR taxes
  • Stay up-to-date on the latest changes to EOR tax regulations
  • Avoid penalties for non-compliance

Employer of Record FAQ

Frequently Asked Questions about Bosnian employment solutions

What is an Employer of Record in Bosnia and Herzegovina?

An Employer of Record (EOR) is a professional services provider that assumes the responsibility of being the legal employer for a company's workforce in Bosnia and Herzegovina. This entails managing tasks such as payroll processing, tax withholding, benefits administration, and ensuring compliance with local labour laws and regulations.

How do global employment services work?

Global employment services operate as a comprehensive solution for businesses seeking to expand their workforce across borders. These services, often provided by Employer of Record (EOR) companies like TopSource Worldwide, streamline the complexities of international employment.

What are the benefits of working with an Employer of Record in Bosnia and Herzegovina?

Employer of Record companies assume the legal responsibilities associated with employment, alleviating the burden of compliance, payroll, and HR management in Bosnia and Herzegovina. This allows companies to expand globally without the complexities of establishing legal entities in each location.

What is the difference between EOR & PEO?

An EOR acts as the legal employer, handling tasks like payroll, tax compliance, and benefits administration. This allows companies to expand internationally without establishing legal entities. On the other hand, a PEO shares employer responsibilities with the client company, often co-employing workers.

How are employer payroll taxes calculated in Bosnia and Herzegovina?

Calculating employer payroll taxes involves understanding the various taxes associated with employing workers and complying with tax regulations in Bosnia and Herzegovina. Key components include federal and state income taxes, Social Security, Medicare, and unemployment taxes.

What global employment solutions does TopSource offer?

TopSource Worldwide facilitates hassle-free global expansion by acting as the legal employer, handling payroll, tax obligations, and HR responsibilities. With expertise in global entity management, TopSource assists businesses in navigating the intricacies of legal structures across borders.

Let's get started

contact-graph