How To Register Business Kosovo

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How to register business kosovo. Entrepreneurs have to register at the municipality in witch they are operating the business. According to unmik regulation 2000 8 all businesses operating in kosovo must register. 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. This is largely due to the fact that registering a business in kosovo is.

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. The business registration agency operates within the ministry of trade and industry which is the only responsible institution for the registration of kosovo businesses. Online procedures account for 0 5 days in the total time calculation. Kosovo business registration agency. The kosovo business registration agency arbk shares information about starting a business in kosovo.

The minimum capital required is 25 000 the auditing criteria for a public limited company is the same as for an llc. 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. Other enterprises under the jurisdiction of kta. At this specific page arbk explains you what you need when. Their website provides information regarding legislation and necessary documents.

Ranked 47 th for ease of starting a business kosovo scores significantly higher than most of the other countries in the region. 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. Licensing of companies for physical security. 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 a business in kosovo.

The registration office will be responsible for. Kosovo s ongoing efforts aimed at reforming the local business climate were recognized in the world bank s doing business 2016 report. Requires at least 1 shareholder who can either be an individual or a corporation.