As part of the continuing misinterpretation of legal provisions by the Tax Administration of Kosovo (TAK), another evident issue concerns the taxation of non-business individuals who provide their properties for construction in exchange for a portion of the completed buildings. There are numerous cases in which TAK has imposed liens on the properties of these…
The Tax Administration of Kosovo (TAK) has begun incorrectly and unfairly applying the new Law on Tax Administration and Procedures, which entered into force on 12 January 2024. Although this law limits the period for submitting tax refund and credit claims to three years, this limitation should not apply to periods preceding the entry into…
Recent amendments introduced by Law No. 08/L-262 are seriously undermining the rights of citizens and businesses, creating significant inequality between the state and private parties and severely affecting the private enforcement system, one of Kosovo’s major achievements. This law, which aims to harmonize legislation with the Law on General Administrative Procedure, has introduced amendments to…
If you have submitted an appeal to the Appeals Board at the Ministry of Finance, you may be at risk of losing your right to file a lawsuit. Attention! The period for filing a lawsuit begins on the 31st day and expires on the 60th day following the submission of the appeal to the Board….
October 21, 2024 If you have filed an appeal to the Appeals Board at the Ministry of Finance, you may risk losing the right to file a lawsuit. The deadline to file a lawsuit starts on the 31st day and ends on the 60th day after submitting the appeal to the Board. For example, if…
October 9, 2024 Kosovo offers substantial investment opportunities, yet it has not received the attention it deserves from foreign investors for various reasons. The “Legal Guide to Investing in Kosovo” represents our effort to dispel these misconceptions and bring Kosovo to the forefront as an attractive destination for foreign investment. This document summarizes the key…
One of the most important documents governing the structure and operation of a company is its Articles of Association. However, in Kosovo, many shareholders and business owners often pay little attention to reading and reviewing this document. In most cases, shareholders focus on specific matters, such as ownership, and rarely examine the other provisions of…
Taxpayers in Kosovo are facing a serious problem: the disproportionate imposition of tax liens by the Tax Administration of Kosovo (TAK). In many cases, for an outstanding tax debt of EUR 100,000, TAK may impose a lien on property worth several times more, for example, EUR 5 million. Such a measure fails to respect the…
On 21 August 2024, Law No. 08/L-256 on Bankruptcy entered into force, replacing Law No. 05/L-083. The new law essentially retains most of the provisions of the previous legislation but introduces several important changes, including the following: 1. Application exclusively to business organizations The previous law contained certain ambiguities regarding its applicability to individuals. The…
Law No. 06/L-085 on the Protection of Whistleblowers aims to facilitate the reporting of violations in both the public and private sectors and to protect whistleblowers from detrimental actions. Under this law, private employers with more than 50 employees are required to appoint a responsible officer for whistleblowing. Furthermore, private employers must establish, through an…