On the 10th of March we had the pleasure of hosting the Ambassador of France, Ms. Christine Toudic, and present our Company. Among the main reasons for the visit is the fact that the French market represents 20% of our sales as well as the fact that we have several French suppliers of raw materials (copper, aluminium etc.) and machinery and spare parts. We discussed business cooperation between France and Bosnia Herzegovina, while the Ambassador accented the importance of the French language in doing business.
We concluded that BH offers a skilled and modestly-priced workforce, low Value Added Tax Rate (17%), low Profit Tax Rate (10%), and competitive land prices which are very favourable conditions for potential investors. We particularly accented the geostrategic location of the West Herzegovina Canton which borders with the Republic of Croatia, and easy access to EU markets by means of Croatian Highways and the Port of Ploče nearby.