THE IMPACT OF THE LEGAL SYSTEM FOR REGISTRATION AND OPERATION OF COMPANIES ON THE DEVELOPMENT OF ENTREPRENEURSHIP IN BOSNIA AND HERZEGOVINA

The legal system in Bosnia and Herzegovina is very complex, as such has a negative impact on the development of entrepreneurship..Registration companies developed countries takes one day, it up to month. This not only problem, various paraphysical levies make business more difficult, high rate contribution salaries are reasons why we have slow process companies. directly related direct foreign investments, which comparison Herzegovina, e.g. with Serbia ten times less. work will be based research theoretical part, procedure for registering company question, both domestic citizens, well required time period registration. Also, addition paper also available data, what parameters that influence entrepreneurship Herzegovina. largely influenced by investors, created climate environment. These variables taken into account when analyzing certain entrepreneurship. An unavoidable variable analysis operating segment plays big role investors. show extent they As recommendations from this work, clear guidelines improving emerge, through clearly set priorities. Regression offered different coefficients variables, ultimately sets priorities realization barriers. Therefore, dependent BiH (RPD), while independent complex administration (SSA), (VPN), low level state investment (NSU) insufficient (NSI). aim investigate determine scientifically way how legislation an taking other barriers, depending secondary data. hypothesis put forward registration was done using multiple regression model, factor, there were three more, namely levies, investment. According results analysis, two showed extremely degree BiH, levies. entrepreneurship, means their improvement form simplification reduction greatly