The position of foreign investors in the Republic of Srpska is regulated and protected by both the Constitution as the highest legal act and the Law on Foreign Investments of the Republic of Srpska (“Official Gazette of the Republic of Srpska” No. 21/18) and the Law on Foreign Direct Investment Policy of BiH “Official Gazette of BiH” No. 17/98, 13/03, 48/10 and 22/15).
The Constitution of the Republic of Srpska stipulates that the property and other rights of a foreign investor acquired based on invested capital may not be limited or revoked by law or other regulation. A foreign investor is guaranteed to take out the profit and invested capital from the Republic of Srpska. When required by the general social interest, the Law may exceptionally determine which activities or areas a foreign person cannot establish his own company in.
The above Laws grant foreign investors national treatment, that is, they have the same rights as nationals. Bosnia and Herzegovina and the Entities must not discriminate against a foreign investor on any grounds.
The property of foreign investors cannot be subject to nationalization and expropriation unless a public interest is established, and then foreign investors are entitled to appropriate compensation.
The rights and privileges that investors enjoy based on the law cannot be revoked or annulled with the entry into force of subsequently enacted laws and bylaws. If new laws are more favorable, foreign investors have the right to choose which law will be relevant for their investment.
Please contact us
e-mail: invest@rars-msp.org
Phone: +387 51 222 120
