The 2010/ 11 edition of the White Book is looking into nine areas that are important for the future inflow of investments in the country. The issues presented in this publication reflect experiences that our Members are facing in the business environment. In certain sections we are only emphasizing issues our Members are facing in one BIH entity, but it does not mean that the same or similar problems do not exist in another BIH entity or the District.
The following areas are covered:
• Business Registration
• Temporary Residence and Work Permit
• Law on Execution Proceedings
• Companies Law
• Securities Market Law
• Taxes
• Construction permits
• Liquidation Law and Bankruptcy
• Exports
Each section provides (i) narrative overview of the key issues,(ii) summary of major recommendations for reforms (iii) table summarizing key issues, recommendation, and key institution (government authority).
BIH has a far greater potential to attract investment and to grow than it is currently realizing.
As many countries have shown, these issues are not difficult to address if the executive and legislative branches of government are committed to reform. We ask: why is this not the case in BIH, a country whose citizens long for more jobs and better pay? We again urge leaders to adopt an attitude of radical reform. This is even more important at the current juncture, with the world economy entering a recession.
The FIC cares - not just about the interests of our members, but about the overall economic growth in BIH, because that is ultimately what our business depends upon. |