Company formation in Kosovo
Company formation in Kosovo: The Business Registration Agency in Kosovo (BRAK) carries out the registration of new business and their re-registration.
The procedure to obtain the Unified ID number (which is used as Business Registration, Fiscal Number, and VAT number) has been merged into a single procedure.
An application can be done in any municipal center of KBRA, depending on the main office or location of the performance of the activity of the entity applying for registration. One-stop shops have been established in 29 municipalities and are now routinely issuing business registration and fiscal numbers (and if requested VAT registration) in a single procedure.
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Recently, an online platform https://rbk.rks-gov.net/ was launched for submitting the documents.
However, since Kosovo does not have an e-signature law passed yet, an entrepreneurs still needs to submit hard copy of signed documents, even if the application was submitted online.
Some basic info in relation to the company registration process in North Macedonia
Contains the company name, legal form, and the company seat
Any address in North Macedonia. No lease agreement has required the registration
No minimum basic capital for LLC Company formation in Kosovo
Domestic or foreign legal or natural persons can form a company in Kosovo
One or more than one managers of the company that must be natural person over 18 years old
Stating the bank, the e-mail address, the activity of the company, etc.
What documents are being filed at the register in order to register a company in Kosovo
The documents required by law and in practice for registration of LLCs are:
1. Registration application
2. Articles of Incorporation based on Article 33 of Law No.06/L – 016. 3
3. The company agreement for LLCs based on Article 33 of Law No.06/L – 016. 4
4. Consent of the registered agent based on Article 33.2 of Law No.06/L – 016. 5
5. Identification document (ID, Passport) of owners
6. Resolution of the competent body of the founding shareholder to establish the new company
7. Copy of the registered agent ID card.
Documents in a foreign language must be accompanied by their translation into Macedonian, certified by a certified court interpreter and than notarized.
According to the amended law on Business Organizations, the certificate on business registration can be issued in 2 days not counting the day of submission of documents
Thy Business Guide, 2021