Business Climate in Kosovo
Introduction
Kosovo is a country in Southeast Europe with a population of between 1.8-2.26 million citizens living on an area of about 10.908 square kilometers. The country’s capital is the city of Pristina in which around 204,721 inhabitants reside.
Kosovo is divided into 38 municipalities, 27 of which have an Albanian ethnic majority, 10 Sreb and 1 Turkish.
The national currency is the Euro.
Some basic economic stats include:
- Inflation rate in 2018: 1.1%
- Direct investments in 2018: 43.28 Million euro
- The growth rate of the Gross Domestic Product (GDP): 4.0%
- Number of active businesses: 150 208
Index of Economic Freedom Rank: 53
The distinguished Index of Economic Freedom, an annual guide published by The Heritage Foundation, gives Kosovo economic freedom score of 67,4 This gives the country an overall worldwide rank of 53 and puts Kosovo 28th among 45 countries in the European region. The overall score is approximately equal to the regional average and well above the world average.
World Bank, Doing Business Rank: 61
The World Bank, Doing Business Report ranks Kosovo in 61st place for doing business on the world ranking. The country is given a score of 72,0 and a ranking of 113 for starting a business in 2020.
Basel Institute, AML Index Rank: /
The Basel Institute of Governance ranks does not have any ranking for Kosovo at this moment.
Do you think Kosovo is a good place for your business?
If yes, we will help you establish your business in Kosovo. All you need to do is to follow these steps:
Step 1: You send us an email
on contact@thybusinessguide.com
Hi….
I want to open a company in Kosovo.
Refer me to someone that will get the job done, fast and professionally.
Step 2: We get back to you with a referral
We will contact you immediately with a couple of options and what price to expect. This way you won’t get overcharged. Also, we will provide you with a special code for which you will get a discount. This code will also let our referral know that if he/she is not acting as they presented us, they will lose a major leading source.
Step 3: You contact the referral
When asking details about the fees, timeline and other aspects for the professional engagement, it is very important to present our referral with the code we give you. We also strongly suggest cc’ing’ our email as we can follow if our referral is professional as he/she promised to be.
Step 4: You let us know how it went
This is the only thing we ask. By giving us a review of how our referral worked for you, we will be able to know if we should give them more business, or take them from our list. They know that if they get bad reviews from our clients, they won’t get new clients from us. This is how we make sure that they do what they told us they will.