1. “Life” of companies as the most common form of business entities – comparative overview
Ermin Redžić, BA

2. Legislation Bosnia and Herzegovina:
Federation of Bosnia and Herzegovina: Law on Business Organizations (Official Gazette of FBiH 81/15)
Republika Srpska: Law on Business Companies (Official Gazette RS 127/08, 28/09, 100/11, 67/13)
Croatia: Law on Companies (Official Gazette No. 111/93, 34/99, 121/99, 52/00, 118/03, 107/07, 146/08, 137/09, 125/11, 152/11, 111/12, 68/13, 110/15)
Serbia: Law on Business Companies (Official Gazette RS No. 36/11, 99/11, 83/14, 5/15)
Montenegro: Law on Business Organizations (Official Gazette MN No. 6 / 02,17 / 07, 80/08, 40/10, 36/11, 40/11))
Slovenia: Law on Business Standards in Business Premises (SRS List of Municipal Offices, Std. 18/74, 34/88, List of Workers List RS, Item 32/00, 102/02 - US Decision in 87/11 - ZMVN-A)
Macedonia: ЗАКОН ЗА СМЕТКОВОДСТВОТО ЗА НЕПРОФИТНИТЕ ОРГАНИЗАЦИИ (Службен весник на РМ бр.24/03)

3. Eu recommendations
EU recommendations require that the registration of economic entities becomes an administrative function rather than a means of legal control over the private sector, especially before the start of business. Business control of business entities is in practice left to other instruments (by regular inspection, contract compliance, effective bankruptcy proceedings, through the effective functioning of judicial bodies).

4. ECRF – European commerce registers’ forum
Agencies and state bodies play a key role in registering (starting) business entities and keeping an efficient registry. Bearing in mind that business in Europe is increasingly integrated and that the state borders on its territory are no longer barriers, there is a significant increase in the need for international cooperation between the bodies responsible for registration of companies. The first initiative to establish wider and deeper cooperation between European economic registers was undertaken by the Registry of Companies of the Republic of Latvia in 1998, when the first conference was organized. This initiative was followed by another conference of European Registrars held in Sweden in 1999, attended by representatives from 21 European countries (including representatives of Eastern European countries), which offered participants the opportunity to participate in joint research and exchange of ideas and expertise.

5. How to Establish a Business?
In four simple steps

6. FOUR BASIC STEPS 1. CHOICE OF COMPANY NAME
2. PREPARATION OF DOCUMENTATION
3. SUBMISSION OF DOCUMENTS - REGISTRATION PROCEDURE
4. REVIEWING DOCUMENTS AND OPENING THE BUSINESS ACCOUNT

7. SPEED AND GROWTH
Source: Glas Srpske

8. peed is not always a virtue
Source: Poslovni.hr

9. GOLDEN MIDDLE
Source: business-magazine.ba

10. Advantages and disadvantages

11. EVIDENCE WITHOUT BACKGROUND - UTOPIA WITHOUT PRIOR
Source: AlJazzera

12. Statistics - short overview
Number of active companies

13. Broj registrovanih privrednih društava
Država
Broj registrovanih privrednih društava
Austrija
BiH
34.965
Bugarska
Crna Gora
25.955
Češka
Estonija
82.769
Francuska
Grčka
Hrvatska
Italija
Mađarska
Makedonija
57.148
Njemačka
Poljska
Rumunija
Slovačka
Slovenija
Srbija
86.138
Turska
2015 year
Sorce: EUROSTAT and national statistical institutes

15. Number of registered companies
Country
Number of registered companies
BiH
34.965
Montenegro
25.955
Croatia
Macedonia
57.148
Slovenia
Serbia
86.138

17. Termination of companies
LIQUIDATION AND BANKRUPTCY

18. SPEED IS IMPORTANT BUT NOT A VERDICT
Source: Poslovni.hr

19. 2014 year
Source: BLIC

20. 2017 year
Source: BLIC

21. The Ratio of Beginning and Termination
Source: SURS Slovenija

22. “If you're trying to create a company, it's like baking a cake
“If you're trying to create a company, it's like baking a cake. You have to have all the ingredients in the right proportion.”
Elon Musk