Large business setup in Kosovo
Launching a corporation requires thorough planning and effort, especially when starting a large company. There are unique challenges and considerations to keep in mind. Let’s explore the benefits of establishing a large company in Kosovo and how our tailored solutions can help you achieve success.
The process of setting up a large business
Creating a major business in Kosovo involves a similar process to starting a small or medium-sized company. But, because of its size and complexity, establishing a large enterprise usually demands more time and resources. The steps involved are as follows:
Choose a business name
The name of the business must be original and not currently being used. You can verify the availability of a name on the Kosovo Trade Registry’s website.
Select legal entity type
Choosing the right legal structure is crucial for the prosperity of your major business. We offer expert advice on Limited Liability Company (SHPK), Joint Stock Company (SH.A.), Branch Office, Holding Company to assist you in making a well-informed decision that suits your unique needs and long-term goals.
Set up legal address
Establishing a legal address is crucial at the beginning of a business, as it acts as the primary point of contact for government agencies, legal entities, and important business communication. Selecting a legal address that complies with local regulations and aligns with your business needs is extremely important.
Get the necessary paperwork ready
Our team of professionals can assist you in developing detailed and tailored documentation specific to your company’s structure and objectives. We promise to comply with all legal requirements and handle the filing process on your behalf.
Open a bank account
We will support you during the process of opening a bank account, making sure that the company follows the regulations and selecting a trusted financial institution for your account in Kosovo.
Company registration
We take care of the registration process with government entities such as the Trade and Companies Register and tax authorities, removing the administrative load from you. This ensures that your business is recognized and compliant from the beginning.
Setup accounting
In order to effectively start a major business, it is crucial to keep precise financial records. Our team of accounting professionals can assist in setting up efficient accounting and bookkeeping procedures that adhere to Kosovo’s regulations.
Large business examples
Below are some examples of large-sized businesses that operate in various industries and sectors with unique requirements.
- Aviation: Airlines, major aircraft manufacturers
- Bank: Large, national, or international banks
- Blockchain: Depending on the company, it can also be also medium or small sized business
- Cars and vehicles: Major car manufacturers, large fleet management companies
- Construction: Firms handling large infrastructure projects
- Energy: Utility companies, oil and gas producers
- Freight and package transportation: Major shipping and logistics companies (FedEx, UPS, etc.)
- Minerals: Large-scale mining operations
- Tourism and travel: Major hotel chains, international tour operators
Benefits of establishing a large business in Kosovo
Kosovo is an attractive location for establishing large companies, providing numerous benefits:
Strategic location
Kosovo presents a promising emerging market with ongoing economic reforms, making it an attractive option for companies seeking opportunities in a changing economic environment. Positioned strategically in the Balkans, with a youthful population and government support for investment and entrepreneurship, Kosovo provides numerous benefits for businesses aiming to access its expanding market.
Favorable tax regime
Kosovo offers a flat corporate income tax rate of 10%. Incentives are available for investments in select sectors, with varying rates based on location. The country’s focus on improving infrastructure and the business environment adds to its attractiveness.
Banking
The banking benefits in Kosovo involve stability and ease of access, which open up possibilities for efficient financial services and investment opportunities in a growing economic environment.
Our Large business setup solutions
We understand the value of your time and resources. That’s why we offer two convenient options to make the process of company formation easier.
Business formation online
With the online platform offered by Kosovo, individuals can start and finish the process of setting up a company from any location globally. The option to track advancement, send necessary paperwork, and access our services via secure digital channels guarantees a seamless and user-friendly experience.
Business formation remotely
If you would rather not deal with the paperwork, our team of experts can manage all the necessary formalities, complete the required paperwork, and communicate with the appropriate authorities on your behalf to ensure peace of mind.
Contact us
Contact us today to schedule a meeting and begin pursuing your business goals. Let’s start this journey together.