Bankruptcy in the Republic of Kosovo is governed by Law No. 05/L-083 on Bankruptcy, serving as a pivotal legal process that provides businesses with a path to relief from financial obligations when they are unable to meet them, as they lose their solvency. This legal framework plays a crucial role in Kosovo’s legislation, aiming to…
Kosovo’s financial sector is experiencing remarkable growth and resilience, reflecting the nation’s commitment to economic stability and development. As of December 2022, the total assets of Kosovo’s financial system surged to an impressive 9.89 billion euros, marking a substantial annual in crease of 10.7% compared to the previous year, as detailed in the CBK’s annual…
Consumer protection’s main regulation in Kosovo is the Law No 06/L-034 on Consumer Protection (Law on Consumer Protection). It is in line with EU Directives regarding commercial law. It aims to regulate the market conditions in business-to consumer relations, the consumers’ rights in relation to contracts and the protection of their interests. Among its many…
Data protection is regulated in Kosovo by The Law on Protection of Personal Data No.06/L- 082 (“Law on Data Protection”) entered into force on 13 February 2019. It transposes the Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 (GDPR) on the protection of natural persons with regard to…
In an era where employment and labour law are continuously evolving, employment and labour law plays a pivotal role in safeguarding the rights and interests of both employees and employers. Kosovo, a dynamic andemerging country, is no exception to the global need for a robust legal framework that governs the complex relationship between workers and…
October 17, 2025 On November 22, 2024, Kosovo took a major step toward regulating the crypto-asset market by adopting Law No. 08/L-295 on Crypto-Assets. This law establishes the first legal framework for a sector that had so far operated without clear oversight and often in the shadow of the financial regulatory system. At its core,…
September 13, 2025 With a “starting a business score” of 95.9/100, the World Bank ranked Kosovo 12 over 190 countries in regard to its procedures, time, cost and paid-in minimum capital requirement necessary to open a business in Kosovo. Foreign companies can conduct business in Kosovo without any specific restriction: the opening process is the…
September 29, 2025 Kosovo’s Law No. 08/L-056 on Protection of Competition serves as a key instrument in maintaining fair and open market conditions by addressing anti-competitive behavior, supporting free market principles, and aligning with EU legal standards. The law equips the Kosovo Competition Authority (KCA) with the authority to investigate, sanction, and prevent restrictive practices…
Kosovo has developed comprehensive legislation and regulations in regard to public procurement, and ensures accessibility, transparency and fairness of the procurement process, in particular through its E-procurement system. Besides “traditional” public procurement, where the services, works or goods are directly purchased by the Public Authority, Kosovo offers now a favorable legal and economic environment for…
September 4, 2025 For nine weeks, we have explained what personal data are, the rights of data subjects, the responsibilities of controllers and processors, the role of the Data Protection Officer, and the fines and sanctions imposed by the Information and Privacy Agency (IPA). This week, the tenth and concluding week of our series on…