Three laws have regulated the status of the Institute since then. The Law Establishing the Institute for Intellectual Property of Bosnia and Herzegovina was enacted in September, 2004.

The process of the demerger of the Institute predecessor (BASMP) into three separate state institutions lasted until the end of the year 2006. By the decision of December 29, 2006, the Institute took over the tasks in the domain of intellectual property, which were previously carried out in the Institute for Standards, Metrology and Intellectual Property of Bosnia and Herzegovina (BASMP), whereas since January 1, 2007, it has carried out the tasks under its competence as an independent state institution.