- Bosnia and Herzegovina is introducing electronic invoicing (e-invoicing) to modernize business and public administration, integrating digital tools like e-signatures and certification authorities.
- A new Law on Fiscalization will establish a legal framework and a central platform for real-time transaction monitoring, though implementation deadlines are not yet set.
- E-invoicing will align with European standards, enabling automated invoice processing, reducing errors, and facilitating cross-border trade.
- Local IT companies are developing solutions to support the transition, making invoicing faster, more secure, and easier for businesses.
- The system aims to save time, reduce administrative burdens, improve transparency, and help Bosnia and Herzegovina meet EU standards, benefiting both businesses and the broader economy.
Source: fiscal-requirements.com
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Bosnia and Herzegovina adopts draft fiscalization law
- Draft Law Adopted: On November 18, 2025, the Government of the Federation of Bosnia and Herzegovina approved the Draft Law on Fiscalization of Transactions and forwarded it to Parliament for further legislative procedure.
- Purpose and Scope: The law introduces real-time transaction reporting to the Tax Administration, mandatory invoice issuance, electronic recording systems, supervision mechanisms, and penalties for non-compliance, aiming to modernize the fiscal system and reduce tax evasion.
- Strategic Objectives: The initiative seeks to align BiH’s fiscal framework with EU directives, provide free apps for small taxpayers, ensure accurate VAT collection, and strengthen fiscal stability to support economic growth and curb the informal economy.
Source Pagero
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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