Kosovo - Establishing an OfficeKosovo - Establishing an Office
The procedures for opening a business are the same for local and foreign companies. There is a single procedure to obtain a business registration, fiscal, and VAT numbers through one-stop shops operating in 26 municipalities. General steps, as detailed by the World Bank, are to: (i) open a bank account in Kosovo; (ii) register with the Kosovo Business Registration Agency (KBRA) of the Ministry of Trade and Industry; (iii) make a company seal; and (v) register local employees for the pension scheme with the Tax Administration. Business registration varies between two to eleven days. The following types of business can be registered: sole-proprietor enterprise, general partnership, limited-liability company, limited partnership, and joint-stock company.
Registration forms vary by type of business and are found on the KBRA’s website.
There is no limitation on foreign ownership of local companies, and foreign investors face no restrictions on moving capital and profits outside of Kosovo. The KBRA reported 18 new American companies registered during 2016.