Business Friendly Certification BFC SEE

Business Friendly Certification South East Europe (BFC SEE) is a unique program for evaluating and improving the climate for doing business and investing on the local level. BFC SEE provides municipalities with a clear roadmap for creating a favorable business environment and introducing internationally recognized standards of efficient and transparent local administration.

For businesses and investors looking to move or expand their operations in South East Europe, BFC SEE ensures a stable and predictable business environment, and helps in identifying the local governments that provide the best investment climate and development potential.

Partners for success

With the support of Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) and Open Regional Fund for Modernization of Municipal Services, the BFC SEE Program was launched by a network of partner institutions from the region with the goal of establishing common standards and a seal of quality for the business environment in municipalities and cities of South East Europe. The Regional Network brings together the following institutions:

  • Federal Ministry of Development, Entrepreneurship and Crafts (BiH)
  • Ministry of Economic Relations and Regional Cooperation (BiH)
  • Ministry of Administration and Local Self-Government (BiH)
  • Ministry of Finance – Sector for Financial System and Im-provement of Business Environment (Montenegro)
  • Faculty of Economics in Rijeka – Center for Local Economic Development (Croatia)
  • Association of Local Self-Governments – ZELS (Macedonia)
  • Macedonian Chambers of Commerce – MCC (Macedonia)
  • National Alliance for Local Economic Development – NALED (Serbia)

BFC SEE has been implemented since 2012 in Bosnia and Herzegovina, Croatia, Macedonia, Serbia, and since 2016 in Montenegro. The BFC SEE platform welcomes new countries and partners who are open to participate in exchanging best practices towards regulatory standardization, improved business environment and the region’s economic integration