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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 - PowerPoint PPT Presentation
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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: [email protected]
