Director of FIPA at a meeting with representatives of the Brčko District

-Joint cooperation with the aim to promote investment potentials was agreed. 

The Director of the Foreign Investment Promotion Agency of BiH (FIPA) Milica Markovć met with Miroslav Gavrić, coordinator of the Brčko District Government at the BiH Council of Ministers and his associates. The intentions of the Brčko District to work more intensively on the promotion of their potentials for foreign investors and the diaspora were discussed, as well as the activities of the Development Guarantee Fund, including their business zones and the incentives they offer.

 The cooperation regarding the organization of future promotional activities has been agreed, including transfer of priority projects for which they are looking foreign investors for.

The Law on Incentives for Economic Development of the Brčko District provides the following:
- exemption from utility fees for displayed company name
- covering court fees for registration of a business entity and entry of changes in the register for newly established companies and entrepreneurs
- Reimbursement of the costs of connection to the water supply and sewerage network
- compensation of paid fees necessary for obtaining the location, building permit and approval for the use of the facility
- reimbursement of costs in the amount of the difference in the price of electricity and water paid by companies and the price paid by households
- compensation of paid employment contributions in the total amount for newly employed persons
- compensation for salaries for maternity leave in the amount of 100%
- incentive to employers in the amount of 50% of the total health insurance obligations of newly employed workers
-compensation of the amount of new investments invested in the purchase of fixed assets included in the list of fixed assets, up to the amount of determined and paid income or income tax for the year in which the purchase of fixed assets was made, with the difference between the amount of tax to profit or income and purchases cannot be carried forward to the following year.