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IMPROVING BUSINESS REGISTRATION
REPUBLIC OF KOSOVO
VEDAT MACASTENA
Database Administrator
NORTH MACEDONIA
APRIL 9, 2019
Ministria e Tregtisë dhe Industrisë
Ministarstvo za Tergovinu i Indsutriju
Ministry of Trade and Industry
Kosovo Business Registration Agency
• Kosovo Business Registration Agency is established in 2001 by the Ministry of Trade and Industry of Kosovo.
• Business Registration Agency is an Independent Executive Agency that carries out the registration of all
domestic and foreign business organisations in accordance with the current applicable Company Law in
Kosovo and provides public disclosure information to interested stakeholders.
• Business Registration is centralized Agency with Head Office in capital Prishtina and 29 One-Stop-Shop’s
throughout the country.
Ministria e Tregtisë dhe Industrisë
Ministarstvo za Tergovinu i Indsutriju
Ministry of Trade and Industry
New features at KBRA
Ministria e Tregtisë dhe Industrisë
Ministarstvo za Tergovinu i Indsutriju
Ministry of Trade and Industry
• Unique Business Identifier Number
• Starting from March 2017, KBRA introduced Unique Business Identifier Number by abolishing all other numbers (fiscal
and export-import number).
• New electronic platform
• Starting from 11 February 2019, KBRA introduced new electronic platform for Online Business Registration
• Businesses from old system migrated and a new Unique Business Identifier Number has been generated.
• Cleaning Data from old system
IB with more than 1 owner 332Business with owner's incorrect ID 23,990
Owners with more than 1 IB 13,991 Businesses without Representative 3,249
Number of Businesses Registered 2015 - 2018
Ministria e Tregtisë dhe Industrisë
Ministarstvo za Tergovinu i Indsutriju
Ministry of Trade and Industry
8,600
8,800
9,000
9,200
9,400
9,600
9,800
10,000
10,200
10,400
10,600
2015 2016 2017 2018
10,070
10,553
9,335
9,960
Average days to register a business organization 2014 - 2018
Ministria e Tregtisë dhe Industrisë
Ministarstvo za Tergovinu i Indsutriju
Ministry of Trade and Industry
2.63
2.40
1.93 1.96
2.09
0
0.5
1
1.5
2
2.5
3
2014 2015 2016 2017 2018
Reforms introduced on Starting a Business 2012-2018
Ministria e Tregtisë dhe Industrisë
Ministarstvo za Tergovinu i Indsutriju
Ministry of Trade and Industry
Ranging Procedures Time (Days)
Cost (% of per
capita income)
Minimum starting capital(% of per capita
income)
Kosovo at WB DB 2012 170 10 58 28.7% 112.4%
Kosovo at WB DB 2018 10 2 6 1.1% 0.0
€
Request to get
Business Certificate
and ‘Business
Information’
Opening bank
account and
depositing initial
capital
Paying taxes in
the bank to
register a
business
Request to get
municipal licence
Request for
inspection form
Municipal Technical
Committee
Inspection of business
premises from Tax
Authority
Creating a seal of
the company
Request to get fiscal
number from Tax
Authority
Registering for VAT at
Tax Authority
Registering
workers at pension
scheme at Tax
Authority
WORLD BANK DOING BUSINESS REPORT
• The Doing Business Report is an annual report that measures the rules and practices that promote business
activity and those that limit business activity.
• Currently, information on the legal and regulatory framework is collected in 11 areas, but only 10 of them are
ranked globally. These data are then compared to 190 countries around the world and presented on yearly
report.
• The ultimate goal of this report is to improve the legal and regulatory framework in which businesses operate
within 190 countries worldwide.
• The report promotes increasing economic activity and trade, increasing domestic and foreign investment,
increasing government revenue and reducing potential abuses.
Ministria e Tregtisë dhe Industrisë
Ministarstvo za Tergovinu i Indsutriju
Ministry of Trade and Industry
Ministria e Tregtisë dhe Industrisë
Ministarstvo za Tergovinu i Indsutriju
Ministry of Trade and Industry
Ranging of Kosovo in Doing Business Report in 2018 The 4th most reformed
Country in the world
DOING BUSINESS IN KOSOVO 2012 – 2018
Ministria e Tregtisë dhe Industrisë
Ministarstvo za Tergovinu i Indsutriju
Ministry of Trade and Industry
Indicators DB 2018 DB 2012 Change
Ranging of Country 40 126 + 86
Starting a Business 10 170 + 160
Dealing with Construction Permits 122 177 + 55
Getting Electricity 106 122 + 16
Registering Property 34 74 + 40
Getting Credit 12 23 +11
Protecting Minority Investors 89 176 + 87
Paying Taxes 45 48 + 3
Trading Across Borders 48 133 + 85
Enforcing Contracts 49 139 + 90
Resolving Insolvency 49 86 + 37
Ministria e Tregtisë dhe Industrisë
Ministarstvo za Tergovinu i Indsutriju
Ministry of Trade and Industry
Ranging of Kosovo in STARTING A BUSINESS 2018
Further advancement of Business Registration
Ministria e Tregtisë dhe Industrisë
Ministarstvo za Tergovinu i Indsutriju
Ministry of Trade and Industry
• Continuous simplification of procedures for Business Registration and further increase on World Bank
Doing Report Ranging.
• New Company Law is in force from 24 May 2018;
• New Electronic Registration Platform 2019;
• Moving towards online registration;
New Electronic Platform_ Interaction with other institutions
Ministria e Tregtisë dhe Industrisë
Ministarstvo za Tergovinu i Indsutriju
Ministry of Trade and Industry
SUMMARY OF ACTIVE REGISTERED BUSINESSES FOR THE PERIOD 1999 – 2018
Ministria e Tregtisë dhe Industrisë
Ministarstvo za Tergovinu i Indsutriju
Ministry of Trade and Industry
163,638
business
organizations
registered
131,102
Individual
Businesses
3,525
General
Partnerships
47
Limited
Partnerships
24,466
LLCs
510
Joint Stock
Companies
812
Branches of
Foreign
Companies
135
Agricultural
Cooperatives
Thank you for your attention
vedat.macastena@rks-gov.net
Ministria e Tregtisë dhe Industrisë
Ministarstvo za Tergovinu i Indsutriju
Ministry of Trade and Industry

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Improving business registration. Republic of Kosovo

  • 1. IMPROVING BUSINESS REGISTRATION REPUBLIC OF KOSOVO VEDAT MACASTENA Database Administrator NORTH MACEDONIA APRIL 9, 2019 Ministria e Tregtisë dhe Industrisë Ministarstvo za Tergovinu i Indsutriju Ministry of Trade and Industry
  • 2. Kosovo Business Registration Agency • Kosovo Business Registration Agency is established in 2001 by the Ministry of Trade and Industry of Kosovo. • Business Registration Agency is an Independent Executive Agency that carries out the registration of all domestic and foreign business organisations in accordance with the current applicable Company Law in Kosovo and provides public disclosure information to interested stakeholders. • Business Registration is centralized Agency with Head Office in capital Prishtina and 29 One-Stop-Shop’s throughout the country. Ministria e Tregtisë dhe Industrisë Ministarstvo za Tergovinu i Indsutriju Ministry of Trade and Industry
  • 3. New features at KBRA Ministria e Tregtisë dhe Industrisë Ministarstvo za Tergovinu i Indsutriju Ministry of Trade and Industry • Unique Business Identifier Number • Starting from March 2017, KBRA introduced Unique Business Identifier Number by abolishing all other numbers (fiscal and export-import number). • New electronic platform • Starting from 11 February 2019, KBRA introduced new electronic platform for Online Business Registration • Businesses from old system migrated and a new Unique Business Identifier Number has been generated. • Cleaning Data from old system IB with more than 1 owner 332Business with owner's incorrect ID 23,990 Owners with more than 1 IB 13,991 Businesses without Representative 3,249
  • 4. Number of Businesses Registered 2015 - 2018 Ministria e Tregtisë dhe Industrisë Ministarstvo za Tergovinu i Indsutriju Ministry of Trade and Industry 8,600 8,800 9,000 9,200 9,400 9,600 9,800 10,000 10,200 10,400 10,600 2015 2016 2017 2018 10,070 10,553 9,335 9,960
  • 5. Average days to register a business organization 2014 - 2018 Ministria e Tregtisë dhe Industrisë Ministarstvo za Tergovinu i Indsutriju Ministry of Trade and Industry 2.63 2.40 1.93 1.96 2.09 0 0.5 1 1.5 2 2.5 3 2014 2015 2016 2017 2018
  • 6. Reforms introduced on Starting a Business 2012-2018 Ministria e Tregtisë dhe Industrisë Ministarstvo za Tergovinu i Indsutriju Ministry of Trade and Industry Ranging Procedures Time (Days) Cost (% of per capita income) Minimum starting capital(% of per capita income) Kosovo at WB DB 2012 170 10 58 28.7% 112.4% Kosovo at WB DB 2018 10 2 6 1.1% 0.0 € Request to get Business Certificate and ‘Business Information’ Opening bank account and depositing initial capital Paying taxes in the bank to register a business Request to get municipal licence Request for inspection form Municipal Technical Committee Inspection of business premises from Tax Authority Creating a seal of the company Request to get fiscal number from Tax Authority Registering for VAT at Tax Authority Registering workers at pension scheme at Tax Authority
  • 7. WORLD BANK DOING BUSINESS REPORT • The Doing Business Report is an annual report that measures the rules and practices that promote business activity and those that limit business activity. • Currently, information on the legal and regulatory framework is collected in 11 areas, but only 10 of them are ranked globally. These data are then compared to 190 countries around the world and presented on yearly report. • The ultimate goal of this report is to improve the legal and regulatory framework in which businesses operate within 190 countries worldwide. • The report promotes increasing economic activity and trade, increasing domestic and foreign investment, increasing government revenue and reducing potential abuses. Ministria e Tregtisë dhe Industrisë Ministarstvo za Tergovinu i Indsutriju Ministry of Trade and Industry
  • 8. Ministria e Tregtisë dhe Industrisë Ministarstvo za Tergovinu i Indsutriju Ministry of Trade and Industry Ranging of Kosovo in Doing Business Report in 2018 The 4th most reformed Country in the world
  • 9. DOING BUSINESS IN KOSOVO 2012 – 2018 Ministria e Tregtisë dhe Industrisë Ministarstvo za Tergovinu i Indsutriju Ministry of Trade and Industry Indicators DB 2018 DB 2012 Change Ranging of Country 40 126 + 86 Starting a Business 10 170 + 160 Dealing with Construction Permits 122 177 + 55 Getting Electricity 106 122 + 16 Registering Property 34 74 + 40 Getting Credit 12 23 +11 Protecting Minority Investors 89 176 + 87 Paying Taxes 45 48 + 3 Trading Across Borders 48 133 + 85 Enforcing Contracts 49 139 + 90 Resolving Insolvency 49 86 + 37
  • 10. Ministria e Tregtisë dhe Industrisë Ministarstvo za Tergovinu i Indsutriju Ministry of Trade and Industry Ranging of Kosovo in STARTING A BUSINESS 2018
  • 11. Further advancement of Business Registration Ministria e Tregtisë dhe Industrisë Ministarstvo za Tergovinu i Indsutriju Ministry of Trade and Industry • Continuous simplification of procedures for Business Registration and further increase on World Bank Doing Report Ranging. • New Company Law is in force from 24 May 2018; • New Electronic Registration Platform 2019; • Moving towards online registration;
  • 12. New Electronic Platform_ Interaction with other institutions Ministria e Tregtisë dhe Industrisë Ministarstvo za Tergovinu i Indsutriju Ministry of Trade and Industry
  • 13. SUMMARY OF ACTIVE REGISTERED BUSINESSES FOR THE PERIOD 1999 – 2018 Ministria e Tregtisë dhe Industrisë Ministarstvo za Tergovinu i Indsutriju Ministry of Trade and Industry 163,638 business organizations registered 131,102 Individual Businesses 3,525 General Partnerships 47 Limited Partnerships 24,466 LLCs 510 Joint Stock Companies 812 Branches of Foreign Companies 135 Agricultural Cooperatives
  • 14. Thank you for your attention vedat.macastena@rks-gov.net Ministria e Tregtisë dhe Industrisë Ministarstvo za Tergovinu i Indsutriju Ministry of Trade and Industry