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International transport and logistics companies operating across the Balkans face a constant battle against rising operational costs. In this industry, fuel is not just an expense, it is one of the largest expenditures on your balance sheet. If your fleet frequently transits through or delivers goods to Bosnia and Herzegovina (BiH), your trucks are filling up at local petrol stations and paying a 17% Value Added Tax (VAT) on every single liter of diesel. For an international logistics company...

When dealing with VAT refunds for foreign taxable persons in Bosnia and Herzegovina, several common pitfalls can arise: Misunderstanding of supply made in Bosnia and Herzegovina: There may be confusion about what qualifies as supplies of goods supplied and services rendered in Bosnia and Herzegovina, which is a key criterion for obtaining a refund. This is particularly true when purchasing goods in the country (and selling them). It is crucial to have a clear understanding of what is...

At its heart, the VAT refund for foreign businesses is a powerful government incentive that lets foreign companies claim back the Value-Added Tax (VAT) they’ve paid on their business expenses in Bosnia and Herzegovina. The whole point is to ensure this tax burden doesn’t get passed on to international customers, making goods and services from Bosnia and Herzegovina more competitive on the world stage. Table of Contents Understanding the VAT Refund System for Foreign Businesses Confirming...