Investment Opportunities in Kosovo

Investment Opportunities in Kosovo

Why investing in Kosovo? 

Low taxes regime Abundant resources Stimulating investment environment Stable political system Young and multilingual population Flexible labor market and competitive labor force Sound banking system An inviting business environment New Customs Code –trade facilitations Many investment opportunities IPAK

Low taxes regime

Customs duty on imports 10% - a reduced rate of 0% applies to imports of capital goods and agricultural production inputs

VAT rate is 15% 0% taxes on exports Personal income tax rates vary from 0- 20% 0% VAT and customs duty on exports Corporate income taxes 20%

Stimulating investment environment

Free access to the market of the European Union and the markets of neighboring countries (member of CEFTA agreement);

Simple and quick business registration procedure

Modern and EU compatible legal framework;

The Euro is official currency, eliminating Euro zone currency risk

 Law on foreign investments

National treatment investment regime

Guarantees for unrestricted use of income

Prohibition of favoritism and discrimination

Protection against expropriation 99 year land lease (UN guarantee)

  Young and multilingual population

Young and motivated population 2 million population 70% under the age of 35 Official languages: Albanian and

Serbian Other European languages

mainly English, Italian, German Swedish, French and Turkish etc

Flexible labor market and competitive labor force

Highly flexible labor force Average monthly wage 229 EUR Low income tax 5 % Mandatory contributions for individual pension saving

accounts 10%

Abundant resourcesAbundant natural resources: lignite, lead,zinc, ferronickel and fertile agricultural land

Sound banking system

BPK Authority-regulates banking and insurance sectors All banks are private 7 banks, including Raiffeisen Bank,NLB, etc.and 8 insurance

companies

New Customs Code –trade facilitations

Bonded Warehousing- store imported goods under customs control, without paying any duties until sale

Inward Processing Relief- import, process and re export , no duty

Other facilitations- processing under customs control, transit, temporary admission, etc.

  Energy and mining

Lignite reserves about 14 billion tones

One add. 1000 MW capacity, GDP increase of 17%

Demand for investments in new coalmines

Huge deposits of lead and zinc ( Trepça mines)

Gold and silver Ferronickel and

magnesium

Agriculture

Agriculture sector Suitable and fertile land

(fruits and vegetables) Area of 1.1 million hectares Private family small and fast

growing farms Bio products 0% tariff rates for agro

inputs and cap. goods A long winemaking tradition Opportunities on reviving

livestock production, meat and diary production

Tourism Winter tourism One existing ski resort -soon in privatization

Virgin skiing resorts- potentials

  Privatization of SOE-s

Run by Kosovo Trust Agency Nearly 500 SOE to be

privatized 30 rounds past, nearly 200

SOE still to be privatized Mostly agricultural

companies, trade metal processing, textile

Possibility of concessions or leases

Automotive sector

Shock Absorbers Factory

•Producer of shocks for cars, trucks, busses seats, washing machines etc•Supplier of PEUGEOT, Gorenje, Fiat, etc. with OEM

Industrial Park (Drenas)

24 Hectares of Land 8 km from Prishtina Railway station 21 km from Prishtina Adjacent to Prishtina/Skopje Highway Easy access to power, water, telecommunications etc

Information on general business environment and specific industries Information on Taxation, Employment, Customs, Real Estate and other

relevant laws and regulations Linking potential investors to Brownfield, Greenfield, and JV opportunities,

including site visit organization Advice on business service providers: financial, consulting… Assistance with registration, licensing, work permits, and other

documentation Assistance in dealing with administration on all levels

What can IPAK do for you?

KOSOVO IS READY AND OPEN FOR BUSINESS

Investment Promotion Agency of Kosova, Qyteza pejton, Perandori Justinian, Nr. 3, Phone& Fax: 038 200 36041

Investment Promotion Agency of Kosovo

Tel & Fax: +381 38 200 36041 web: www.invest-ks.org email: info@invest-ks.org