Registering a company in Kosovo is a step-by-step process that involves selecting a company type, choosing a name, preparing documentation, and registering with the Kosovo Business Registration Agency and Tax Administration of Kosovo. By following this guide and utilizing the provided resources, you should be well on your way to successfully establishing your business in Kosovo. Be sure to adhere to the requirements and guidelines to ensure a smooth registration process and a successful start for your company.
Step 1: Choose your company type
The first step in registering a company in Kosovo is to choose the type of company you want to register. The most common types are:
- Limited Liability Company (LLC)
- Joint-Stock Company (JSC)
- General Partnership (GP)
- Limited Partnership (LP)
Step 2: Choose a company name
Before registering your company, you'll need to choose a suitable name. The Kosovo Business Registration Agency (KBRA) has guidelines for acceptable names, which can be found at this link: https://arbk.rks-gov.net
Step 3: Prepare the required documents
Next, prepare the necessary documentation for your chosen company type. The key documents are:
- Articles of Association (for LLC and JSC)
- Application for Business Registration (for all types)
These forms can be downloaded from the KBRA's website: https://arbk.rks-gov.net
Step 4: Identify company officers and shareholders
You will need to identify at least one director (for LLC and JSC) or one partner (for GP and LP). Directors or partners must be at least 18 years old. Shareholders or partners can be individuals or corporate entities.
Step 5: Capital requirements
Kosovo requires a minimum capital of €1 for LLCs and €25,000 for JSCs. There is no minimum capital requirement for GP and LP.
Step 6: Register your company
Once your documents are ready, you can submit your application to the Kosovo Business Registration Agency (KBRA). This can be done in person at a local KBRA office or online via the following link: https://arbk.rks-gov.net
The fees for registering a company are as follows:
- LLC: €150 (approximately $170)
- JSC: €350 (approximately $400)
- GP: €150 (approximately $170)
- LP: €150 (approximately $170)
Step 7: Register for taxes
After your company is registered, you must register for taxes with the Tax Administration of Kosovo (TAK). This can be done in person at the local TAK office. For more information, visit: http://www.atk-ks.org
Step 8: Obtain necessary permits and licenses
Depending on your business activities, you may need to obtain additional permits or licenses. Check with the relevant authorities and industry regulators for specific requirements.
The entire registration process, from preparing documents to receiving your Certificate of Incorporation, can take anywhere from 3 to 5 working days, depending on the complexity of your application.