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…
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 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…