Bosnia and Herzegovina
Vat Registration Thresholds No threshold; mandatory registration for businesses performing taxable supplies.
Vat Rates Standard rate of 17%, with reduced rates for some goods and services (e.g., 5% for certain items).
Vat Registration Process Businesses must apply to the Indirect Taxation Authority, providing proof of taxable activity.
Taxable Transactions Sale of goods and services domestically and to EU countries. E-commerce is also taxable.
Registration Exceptions Small businesses and those under a certain turnover threshold may be exempt from VAT registration.
Vat Filing Frequency Businesses generally file quarterly VAT returns, with exceptions for certain small businesses.
Intra Community Transactions Bosnia and Herzegovina applies VAT to intra-community transactions with EU member states as well.
Exemption Schemes Small businesses under a certain threshold are eligible for VAT exemption or simplified registration.