Limited liability Company in Kosovo
In Kosovo, the most frequent type of business entity is a Limited Liability Company (LLC). The LLC’s major feature is its limited liability, which means that stockholders cannot be held liable for losses caused by their assets. They are only accountable for the amount of their contribution and the company’s assets.
As a result, the owners’ assets are safe because the corporate liabilities cannot be collected from them. If a Shareholder receives a prohibited dividend distribution and knew or should have known at the time that such distribution was banned, the Shareholder is personally liable for the amount of the issued dividends.
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For international investors looking register LLC in Kosovo, our team offers a better and more transparent process.
Limited liability Company registration conditions
Requirements to register Limited Liability Company in Kosovo are as follows:
Timeline
It takes about 4 weeks to register LLC in Kosovo.
Fees
It costs around 3,450 to set up an LLC in Kosovo. Request our quote by contacting us.
Compulsory regulation
Your company must have at least one shareholder and a director in Kosovo. You should also hire a tax representative who is knowledgeable about Kosovo’s tax laws. It must have a minimum capital of €1 at the moment of incorporation. Because of the corporate setup, the bulk of LLC clients chooses Kosovo.
Documents
To register an LLC for the first time, the authorized representative must complete and submit the following documents to the KBRA:
- A copy of the owner’s and the authorized representative’s identification prepared by the KBRA,
- The founders’ signatures on the Memorandum of Incorporation,
- The LLC’s Statute (Charter), which the founders have signed.
Among other things, the Memorandum of Incorporation should include information on the shares, such as the quantity, the procedure, the time, and the location of payment. The Memorandum of Incorporation shall be titled “Act of Establishment/Incorporation” if the LLC has only one founder.
The LLC’s Statute (Charter) should include, among other things, the lawful business activity, voting rights, and members of the Board of Directors.
We help you prepare these documents and it is fast, reliable, and cost-effective.
Consultation about Limited Liability Company registration
Our consultation services are tailored to assist you with the entire process of setting up your business as a Limited Liability Company in Kosovo. Our team of experienced advisors will support you from preparing the initial paperwork to securing the required permits and registrations, ensuring a seamless and effective process. We offer personalized advice on legal obligations, share capital, and corporate structure to help you make well-informed choices that are in line with your business objectives.
Ownership management
The task of managing ownership in a Limited Liability Company is both complex and important. Our services cover responsibilities such as dealing with ownership changes, overseeing beneficial owners, and managing ownership transfers. We guarantee that all ownership alterations are accurately recorded and in accordance with current regulations.
Corporate structure changes
As your company grows, your organizational layout may also need to change. We offer a range of services to help you streamline and update your corporate structure, including modifying directors, updating nominee details, and making other necessary adjustments.
Share capital management
Managing share capital is essential for the financial well-being of your company. We provide assistance in enhancing, decreasing, selling, and transferring share capital, guaranteeing precise and lawful transactions.
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