Bosnia and Herzegovina What are the types of companies?

There are various types of companies in Bosnia and Herzegovina. The most common among these are:

1. Limited Liability Company (LLC): It is a type of company in which partners have limited liability and the capital is divided into shares.

2. Joint Stock Company (JSC): A type of company in which partners own capital shares and liability is limited. It may be open to the public or closed.

3. General Partnership: It is a type of company in which partners have equal responsibility and risk sharing. Partners are usually regulated by a partnership agreement.

4. Limited Partnership: It is a type of company in which the partners are divided into general partners and limited partners. While general partners bear liability, limited partners only contribute capital.

5. Cooperative: It is a type of cooperation in which members work jointly and share profits. There are different types such as presidential cooperatives, consumer cooperatives and producer cooperatives. Each of these company types is subject to different rules and regulations. When choosing a company type, it is important to choose one that suits your business needs and goals. It is also recommended that you seek support from local chambers of commerce or consulting firms for more information about the process of establishing a company in Bosnia and Herzegovina.

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