How To Register Business Kosovo
Ranked 47 th for ease of starting a business kosovo scores significantly higher than most of the other countries in the region.
How to register business kosovo. Other enterprises under the jurisdiction of kta. The business registration agency in kosovo brak carries out the registration of new business and their re registration as. The registration office will be responsible for. The business registration agency operates within the ministry of trade and industry which is the only responsible institution for the registration of kosovo businesses. Kosovo s ongoing efforts aimed at reforming the local business climate were recognized in the world bank s doing business 2016 report.
Business registration is compulsory in order to operate legally. 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. Licensing of companies for physical security. Requires at least 1 shareholder who can either be an individual or a corporation.
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 kosovo business registration agency arbk shares information about starting a business in kosovo. Online procedures account for 0 5 days in the total time calculation. 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.
According to unmik regulation 2000 8 all businesses operating in kosovo must register. Must also appoint at least 1 agent to act as the fiscal representative of the entity in kosovo. Entrepreneurs have to register at the municipality in witch they are operating the business. You will see those documents immediately on the homepage. At this specific page arbk explains you what you need when.
Their website provides information regarding legislation and necessary documents. Kosovo business registration agency. Figure registering property in kosovo procedure time and cost this symbol is shown beside procedure numbers that take place simultaneously with the previous procedure.