Joint Stock Company in Kosovo
A Joint Stock Company/Corporation is a business owned by its shareholders, with each shareholder having a share based on the amount of stock acquired.
A Joint Stock Company is a legal entity that exists independently of its stockholders. Shareholders might be either natural or legal entities. Non-governmental groups are not permitted to be stockholders in a joint-stock company under the law.
The Board of Directors is elected for a three-year term by the shareholders in the Shareholder Assembly. A Joint Stock Company’s business is overseen by its Board of Directors. The company’s Board of Directors must appoint at least one Managing Director.
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We can assist you in establishing your Joint Stock Company in Kosovo as quickly as feasible. Contact us as and submit your request.
Joint Stock Company registration conditions
The Joint Stock Company is formed only after the founders have approved the Statute/Charter and have filed the Memorandum of Incorporation with the KBRA.
Timeline
It takes around 15 weeks to set up a JSC in Kosovo.
Fees
It costs up to 10,850 € for the incorporation. Get our quote by contacting us.
Compulsory regulation
A Joint Stock Company’s minimum capital requirement is € 10.000, or the total amount of the par value of all the Shares issued by the Joint Stock Company when it was first registered with KBRA.
Common and preferred shares are the two types of shares that a joint-stock company can issue. The par value of each share is required. If a stock has a specified par value, it must be worth at least one euro cent. There is no way to convert common shares into preferred shares or securities. Preferred shares, on the other hand, can be converted into common shares.
Documents
The authorized representative should submit the following documents to the Business Registration Agency when registering a Joint Stock Company for the first time:
- The KBRA’s specific application form,
- A copy of the owner’s and authorized representative’s identification,
- the Joint Stock Company’s Statute/Charter, which must include all of the information necessary by law, the Memorandum of Incorporation – A permission document signed by the authorized representative may be required.
Our team can lift the stress you might encounter while compiling these documents.
Consultation about Joint Stock Company registration
Our expert guidance solutions in Kosovo are designed to assist and advise your Joint Stock Comnpany in achieving its ambitions. Our data-driven research can help you optimize your productivity potential. We provide various solutions, including planning, problem-solving, and budgeting.
Accountancy
We specialize in technology-driven accounting services, and we provide you with your professional accountant with unlimited assistance.
Taxes
Taxes vary depending on the type of business and the annual revenue.
There are three basic tax regimes used by the IRS:
- VAT stands for Value Added Tax (VAT),
- Corporate Income Tax (CIT),
- Personal Income Tax (PIT).
Bank account
Since the country declared independence in 2008, Kosova’s banking sector has grown tremendously. Commercial banks and other minor financial organizations serve as nodes in a banking network in Kosovo, which is focused on the Central Bank of Kosovo (CBK).
Other legal forms in Kosovo
Other types of legal business structures in Kosovo are Limited Liability Company, Branch Office, Holding Company. Press the button below to discover our company registration services:
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