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News and Events

Published: Basic Performance Indicators Report on Business Registration in Kosovo for 2017

Prishtinë, 07/02/2018

The Kosovo Business Registration Agency (KBRA) published the Basic Performance Indicators Report on Business Registration in Kosovo for 2017.

This report presents a summary of key reforms and basic performance indicators for 2017 regarding the process of business registration in Kosovo by the Kosovo Business Registration Agency (KBRA). The report, as such, is prepared by KBRA, with the support of the USAID Partnerships for Development Project (USAID PFD).

The report contains information on a number of indicators related to the performance of KBRA,

including: time to register a business organization in general in Kosovo and for Limited Liabilities

Companies, and by municipality; number of business organizations registered and deregistered by legal form; number of branches of foreign companies registered by country of origin; number of businesses including at least one foreign owner, partner or shareholder, and the number of foreign persons as owners, partners or shareholders; percentage of individual businesses by gender; and percentage of partners or shareholders by gender in business organizations in Kosovo.

During 2017:

  • A total of 9,335 business organizations were registered.

 

  • 1,589 business organizations were deregistered.

 

  • It took an average of 1.96 days to register a business organization, with the shortest waiting time in January, and the longest in April

 

  • To register an LLC, it took an average of 2.32 days, whereas if an LLC registered at the business registration center in Pristina, it took an average of 2.38 days.

 

  • For the first time since 2004, the number of LLCs surpassed the number of individual businesses.

 

  • The number of branches of foreign companies registered during this period was 46.

 

  • A total of 721 companies have had at least one foreign owner, partner or shareholder. The total number of foreign persons in these business organizations is 1,751.

 

  • An increasing trend is notable with regards to the participation of women as owners of individual businesses. The annual average has increased from 25% in 2016 to 28% in 2017.

 

  • The participation of women as partners or shareholders remained unchanged since 2016, with 15% of women participating as partners or shareholders in business organizations.