Foreign corporations operating in Kosova have the same rights as domestic businesses, according to Kosova legislation. Kosova does not have an investment screening system. Foreign investors have no licensing limitations, and joint ventures do not require necessary domestic partners.

Kosovo has achieved a milestone by obtaining its first-ever sovereign credit rating. Kosovo’s newly assigned credit rating of BB- by Fitch Ratings signals a positive environment for investment and easier access to finance. The newly obtained rating brings Kosovo numerous advantages, including reduced borrowing costs, enhanced foreign investment prospects, increased access to global capital markets, a boost in international recognition, and expedited structural economic reforms.

Non-domestic companies can conduct business in Kosova but must register as a legal entity with the Kosovan Business Registration Agency (KBRA).
The laws and regulations on starting and owning business operations and engaging in any type of remunerative activity apply.
Both domestic and international private entities are treated equally. Kosova legislation allows private organizations to establish, acquire, expand, or sell interests in firms without restriction. Kosova legislation grants foreign corporations the same privileges as native ones.

For further information, download the pdf containing laws and regulations:

LAW No. 06/L-016 ON BUSINESS ORGANIZATIONS: https://mint.rks-gov.net/desk/inc/media/6A900B99-925A-4E08-A1E7-983D96DA977C.pdf

For more information regarding Credit Rating: https://mfpt.rks-gov.net/NewsDetails/8/2390

Your first step is to select the appropriate application form based on your business type. Whether you’re a natural person or a corporation, understanding your business structure is critical since it will define which form you need to fill out.

Obtaining The Form, which can be obtained in two ways:

1. At any KBRA center
2. Downloaded from the official KBRA site.

KBRA centers offer in-person assistance to help you fill out all of the form’s mandatory fields. You can also get instructions on the KBRA website.

An application can be submitted at any Kosova Business Registration Agency (KBRA) municipal center, based on the entity’s main office or site of activity.  The list of municipal centers is available in this KBRA.

The KBRA registers branch within two working days of the application date. Registration documents in Albanian, Serbian, or English that differ from those of the branch director(s) can be filed with the KBRA. Registration with KBRA is free of charge. The initial registration application should be filed to the Kosova Business Registration Agency (KBRA) at any municipal center. The location should be appropriate for the primary office or area of business activities. The official KBRA website features a list of municipal centers.

For further information and to download the form, visit KBRA following links:

https://arbk.rks-gov.net/Page/21
https://arbk.rks-gov.net/Page/33

Visit Your Chosen Bank: The presence of the director(s) is required to open the account. Make sure to bring all necessary documentation.

Agreement of the Branch: Required only for foreign companies opening a branch in Kosova.

Due Diligence by the Bank: The bank will carry out its due diligence procedures, cross-check the documents, and confirm that they fit all standards.

Account Opening: Once the bank is pleased with the verification process, it will open your business account.

Following the opening of the bank account, you must immediately register with the Tax Administration of Kosova (TAK) to get the Fiscal Number Certificate and VAT Certificate. This connects your firm with Kosova’s tax regulations and is a basic requirement for all MSMEs (Micro, Small, and Medium Enterprises).

Opening a bank account for your MSME in Kosova is a simple process, albeit it requires extensive documentation. Make sure you have all of your documentation ready, and keep in mind that the director’s attendance is required throughout the process. After successfully opening your bank account, you’ll be well on your way to properly managing the financial side of owning a business.

For further information visit KBRA website: https://arbk.rks-gov.net/Page/33