The Federation of Bosnia and Herzegovina is preparing to modernize its fiscal system through a new draft law on fiscalizing financial transactions, replacing the current law in place since 2010/2011. The reform introduces significant updates, including new fiscal devices, electronic invoices, and expanded taxpayer obligations, with a central system ensuring real-time reporting to the Tax Administration. While the draft law is still in the parliamentary process, the first by-laws and deadlines for transitioning to the updated system are anticipated in early 2025, following the law's adoption.
New Fiscal System on the horizon with the Law on fiscalizing financial transactions in the Federation of Bosnia and Herzegovina
Public
Federation of Bosnia and Herzegovina
Author: Tara Nedeljkovic
Category:
Fiscal subject related
Views:
1941
Content accuracy validation date:
27.12.2024
Content accuracy validation time:
10:41h
For many years, there has been a fiscalization system regulated by the Law on Fiscal Systems in place, which was adopted in 2009 and implemented since 2010/2011 and is still in force. A fiscal reform, with new fiscal devices, the expansion of entities that will be obligated to issue fiscal receipts, and the introduction of electronic invoices as a completely new segment, is planned and currently in preparatory stages. To improve and expand the scope of fiscalization, the FBIH Government created a Draft Law on Fiscalization of Financial Transactions with several novelties and technological improvements, which Draft, when it becomes a proposal and then a new Law on Fiscalization, is planned to replace the existing Law on Fiscal Systems that governs the fiscalization area. This means that the new system of fiscalization will be based on new rules, an improved transaction monitoring system, a wider range of taxpayers, and new fiscal devices, among other changes.
Currently, the aforementioned draft of the new law is in the parliamentary procedure (that is, still in the adoption process with possible changes and amendments), and in the coming period, sometime at the beginning of 2025, it is expected that the details will be known and that the process of adopting the new law will be fully completed. In the Draft Law itself, several innovations are foreseen, from the new central system of the Tax Administration through new fiscal devices to the introduction of electronic invoices as a new type of document altogether, alongside new rules for fiscal receipts, new elements on the fiscal receipts, and so on.
After the adoption of the law, the adoption of the first by-laws is expected to follow. According to the provisions of the draft, a deadline of 3 months from the adoption of this law is foreseen to adopt the rulebook on the dynamics of fiscalization, that is, to determine the first official deadlines for adapting to the new system and transitioning to the new fiscalization. Currently, there is no expected deadline or information on when this rulebook, in which we will know more about the deadlines and transition, can be expected. The unknowns are understandable considering that the focus is on the adoption of the legal text first and, if necessary, amendments to the existing text during the adoption process before bylaws are introduced.
According to the government, the limitations of the existing legal framework are reflected in the fragmentation of reporting, that is, the mismatch of transactions recorded according to the current legal framework of fiscal systems about transactions that are subject to VAT. The same inconsistency applies to persons who are liable for fiscalization, i.e., subject to transaction reporting. Further fragmentation is reflected in the incompleteness of data on reported transactions, which prevents risk analysis and control by the Tax Administration.
The new legal framework proposes that every transaction must be documented either through fiscal receipts or invoices, and all transactions should be reported to the Tax Administration. The new law also foresees the delivery of data on fiscal transactions in real-time as well as data on each transaction as a type of complete and timely reporting on business operations. Full reporting of transactions brings significant benefits through increased tax discipline, improvement of control methods, and more efficient activities of the Tax Administration in the aspect of tax collection control.
More details are expected in the upcoming period, such as the first information on the expected adoption of the text of the Draft Law and then the first deadlines for the transition to the new system with the method of preparation of the subjects involved, which are not published yet.
Other news from Federation of Bosnia and Herzegovina
Bosnia and Herzegovina’s Fiscalization Reset: Why the Federation’s New Law Marks a Structural Shift for Retail and POS Technology
Public
Federation of Bosnia and Herzegovina
Author: Fiscal Solutions
Federation of Bosnia and Herzegovina
Author: Fiscal Solutions
The new Fiscalization Law in the Federation of Bosnia and Herzegovina replaces device-based compliance with a fully software-driven, real-time fiscal system where continuous connectivity, data integrity, and system architecture define legality. Rather than upgrading existing hardware rules, the reform fundamentally redesigns fiscalization as an always-on governance framework that embeds compliance... Read more
New document was uploaded: Q&A from the webinar: Fiscalization Reform in the Federation of BiH
Federation of Bosnia and Herzegovina
Author: Vukašin Santo
On January 29th, 2026, Fiscal Solutions organized a free webinar on the topic of "Fiscalisation Reform in the Federation of BiH". The webinar was held by Fiscal Solutions Legal Consultant Vukašin Santo. Let’s find out more about answers to questions asked during the webinar. Read more
Subscribe to get access to the latest news, documents, webinars and educations.
Already subscriber? Login
New webinar was uploaded: Recorded webinar: Fiscalization Reform in the Federation of BiH
Federation of Bosnia and Herzegovina
Author: Vukašin Santo
On January 30, 2026, Fiscal Solutions organized a free webinar on the topic „Fiscalization Reform in the Federation of BiH“. It was held by Vukašin Santo, Legal Consultant at Fiscal Solutions. This webinar provides a clear and structured overview of the new Draft Law on Fiscalization, focusing on how the system is changing, what new obligations are being introduced, and how businesses should prepare for the upcoming reform. Read more
Subscribe to get access to the latest news, documents, webinars and educations.
Already subscriber? Login
Federation of Bosnia and Herzegovina Adopts Law on Fiscalization of Transactions After Intense Parliamentary Session
Public
Federation of Bosnia and Herzegovina
Author: Vukašin Santo
Federation of Bosnia and Herzegovina
Author: Vukašin Santo
The House of Peoples of the Parliament of the Federation of Bosnia and Herzegovina has adopted the Law on Fiscalization of Transactions after a failed electronic vote was overturned by a successful roll-call vote. The law introduces mandatory receipt issuance, an electronic transaction recording system, supervision and penalties, aiming to curb tax evasion through real-time, technology-based repor... Read more
The Government of the Federation of BiH Adopts Amendments to the Proposed Law on Fiscalization of Transactions
Federation of Bosnia and Herzegovina
Author: Tara Nedeljković
The Government of the Federation of Bosnia and Herzegovina adopted six amendments to the Proposed Law on Fiscalization of Transactions to strengthen legal certainty, transparency, and consistent application of fiscal rules. The amendments clarify key legal concepts, introduce fiscalization of the legal profession, ensure operational neutrality among telecom operators, increase the guarantee for certified fiscal system manufacturers (ESET) to one million KM, and establish exemptions for certain public entities. Read more
Subscribe to get access to the latest news, documents, webinars and educations.
Already subscriber? Login
New event was created: Join our free webinar: Fiscalization Reform in the Federation of BiH
Public
Federation of Bosnia and Herzegovina
Author: Vukašin Santo
Federation of Bosnia and Herzegovina
Author: Vukašin Santo
Significant changes are expected in the fiscalization framework in the Federation of Bosnia and Herzegovina. This webinar provides a clear and structured overview of the new Draft Law on Fiscalization, focusing on how the system is changing, what new obligations are being introduced, and how businesses should prepare for the upcoming reform. 📅 January 29, 3 PM CET What we’ll cover Welc... Read more
New document was uploaded: EV-chargers from the Fiscalization Perspective in the Federation of Bosnia and Herzegovina
Federation of Bosnia and Herzegovina
Author: Tara Nedeljković
The purpose of this document is to explain rules regarding treatment of EV-Chargers for electric vehicles in the Federation of Bosnia and Herzegovina from fiscalization perspective. We explained whether they are subjects of fiscalization or not, whether there are some special rules and regulations, or if there are some special rules Read more
Subscribe to get access to the latest news, documents, webinars and educations.
Already subscriber? Login