The aim of this paper is to investigate regional planning, which is a very important factor in the development of each country and region. This research contributes to the possibility of improving the living standards of citizens and contributes to more complete and comprehensive study of some important legal and economic issues that may arise in connection with the growing role of regional planning in the economic and economic system of each region. The paper presents the concept of regional planning, as well as theories and models that can be applied in planning and that can give the best economic effects, depending on its characteristics and specifics. At the end of the paper, a conclusion indicates that regional planning is a necessary instrument for further development of each region, which represents an opportunity for employment of citizens and raising the level of their wellbeing.