For years, in Kosovo’s tax practice, the monthly carry-forward of excess VAT has been treated as a claim for tax credit. The same approach continues to be applied today, even though this practice is legally incorrect. As a result, this tax position has been considered subject to the three-year procedural limitation period provided for in…
During a tax reassessment, who bears the burden of proving which party is right? Is it the taxpayer or the Tax Administration of Kosovo (TAK)? This fundamental question, which concerns the balance between administrative authority and individual rights, often has no straightforward answer in practice, as taxpayers are frequently required to prove their own “innocence.”…
Author: Florin Lata Kosovo’s legal framework recognizes arbitration as a legitimate and binding mechanism for the resolution of commercial disputes. Two institutional arbitral tribunals operate domestically: the Arbitration Tribunal of the Kosovo Chamber of Commerce and that of the American Chamber of Commerce in Kosovo (AmCham). Yet, emerging jurisprudence from the recently established Commercial Court…
In everyday practice, gifting shares is a frequently used mechanism for transferring ownership in a business entity, whether between family members, business partners, or other closely related persons. However, such transactions are often carried out without a thorough legal and tax analysis, potentially resulting in significant consequences for the parties involved. This article examines the…
Kosovo faces a negative trade balance, with imports significantly exceeding exports. Nevertheless, several Kosovo companies have begun introducing their products and services into international markets, particularly in countries with a significant Albanian diaspora, such as Switzerland and Germany. Visits by members of the diaspora to Kosovo often provide an opportunity to become familiar with locally…
Is it fair that the Single Administrative Document (SAD), reassessed by Kosovo Customs and accepted for VAT and customs duties, is not accepted by the Tax Administration of Kosovo (TAK) for Corporate Income Tax (CIT) purposes? In practice, Kosovo Customs declares the supplier’s invoice invalid and reassesses the goods based on different values, while TAK…
In a market that increasingly demands innovation and international cooperation, franchising is a business model that offers significant potential for economic development and business internationalization. Through this model, entrepreneurs can benefit from the experience and success of established brands, while local companies can use franchising as a means of expanding their operations into new markets….
Recently, many companies in Kosovo have started selling products under packaging and brand names of their own choosing, commonly known as “private labels.” This business model offers numerous advantages by creating independence from manufacturers and strengthening companies’ market positions. Private labels help companies maintain control over their brands and customer relationships, building customer loyalty and…
Are you a non-resident taxpayer in Kosovo? Navigating tax compliance can be challenging, especially when dealing with registration requirements and fiscal representation. This guide offers clear insights into your obligations, the registration process, and the legal protections available to ensure compliance in Kosovo. Who qualifies as a non-resident taxpayer? You are considered a non-resident taxpayer…
In a world where sustainable development and corporate responsibility have become global standards, ESG standards (Environmental, Social, and Governance) have evolved from optional measures to essential practices for the long-term success of businesses. For an economy in transition like Kosovo, adopting these standards is not just a pathway to improved international reputation but also a…