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…
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…
In the current wave of e-commerce around the world, many fraudulent individuals or businesses are appearing. This creates a loss of consumer confidence in online shopping and thus harms serious businesses that offer the original products according to customer requirements. Thus legal regulations in e-commerce are vital to protect consumers from fraudulent actors, maintain their…
August 28, 2025 The Law on Personal Data Protection is not a matter of choice or ethics, but a binding legal obligation that imposes direct responsibility and serious sanctions on any violator. The Law has granted the Information and Privacy Agency (AIP) full powers to investigate, order corrective measures, and impose administrative fines against controllers…
The construction sector in Kosovo is currently undergoing a remarkable period of expansion and development. This growth is exemplified by the presence of numerous construction companies actively involved in the execution of large-scale projects. What’s particularly noteworthy in this matter is the significant number of foreign investors who have recognized the potential and opportunities within…