The winner of the tournament received a berth in the first qualifying round of the 2008–09 UEFA Cup.
The defending champions were Rudar, who beat Sutjeska in the final of the 2006–07 competition.
It started on 2 October 2007 and ended with the final on 7 May 2008.
[1] The 14 matches were played on 2 and 3 October 2007.
[1] The first legs were played on 24 October and the second legs were played on 7 November 2007, with the exception of the second leg match between Sutjeska and Mogren, which was postponed until 28 November 2007.