How To Register Business Kosovo

You would have set up a bank account register your company with the kosovo business registration agency kbra of the ministry of trade and industry company seal and local employee registration for a pension scheme with a tax administration.

How to register business kosovo. Other enterprises under the jurisdiction of kta. The registration office will be responsible for. According to unmik regulation 2000 8 all businesses operating in kosovo must register. The minimum capital required is 25 000 the auditing criteria for a public limited company is the same as for an llc. At this specific page arbk explains you what you need when.

Their website provides information regarding legislation and necessary documents. The kosovo business registration agency arbk shares information about starting a business in kosovo. This is largely due to the fact that registering a business in kosovo is. The business registration agency operates within the ministry of trade and industry which is the only responsible institution for the registration of kosovo businesses. Figure registering property in kosovo procedure time and cost this symbol is shown beside procedure numbers that take place simultaneously with the previous procedure.

Business registration is compulsory in order to operate legally. There is only one procedure to register your business and the fiscal and vat numbers that operate through one stop shops operate in 26 municipalities. Kbra operates based on an electronic data system as a simpler process faster free of cost for the registration of start up business through the connections of 29 municipal. Registering a public limited company in kosovo requires i a minimum share capital of 25 000 and ii at least 1 fiscal representative in kosovo. Entrepreneurs have to register at the municipality in witch they are operating the business.

Kosovo s ongoing efforts aimed at reforming the local business climate were recognized in the world bank s doing business 2016 report. Licensing of companies for physical security. In addition to corporate tax a kosovo llc is subject to i a 10 withholding tax on dividends interests and royalties distributed abroad and ii vat of 16 on local sales in the country. Ranked 47 th for ease of starting a business kosovo scores significantly higher than most of the other countries in the region. Requires at least 1 shareholder who can either be an individual or a corporation.

How to register a business in kosovo. Online procedures account for 0 5 days in the total time calculation. Kosovo business registration agency.