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…
Me themelimin e Gjykatës Komerciale, kompetenca për trajtimin e lëndëve përmbarimore ndërmjet subjekteve juridike, e cila, pas ndryshimeve ligjore të vitit 2013, kishte kaluar në kompetencën e gjykatave të rregullta, u rikthye te një gjykatë e specializuar. Ky zhvillim ka sjellë një përmirësim të rëndësishëm në sistemin tonë gjyqësor, duke garantuar që çështjet përmbarimore në…
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…
Author: Florin Lata (This article was primely published in World Trade Review) BackgroundIn a context of ongoing development in the global market, Kosovo, like many other states, faces a significant challenge: the illicit acquisition of well-known brands. Exploiting the reluctance of many multinational companies to register their trademarks in Kosovo, some entities – both local…
Author: Valmir Haziraj Healthcare, education, sales, procurement, and governance are some fields that will significantly benefit from using electronic signatures. With the advancement of technology and digitalization, our daily lives have changed, making electronic signatures increasingly important. They not only enhance efficiency and security in electronic transactions but also simplify many administrative and legal procedures. Given…
Our colleague Valmir Haziraj is participating in a four-day Sustainable Governance Empowerment program organized by the Business Consultants Council in Pristina, with support from the EBRD and the European Union. In this program, Valmir is deepening his expertise in Corporate Governance and ESG, recognizing their critical role in fostering a sustainable business and economic environment….
Meaning, procedures and consequences of failing to submit a request for authorisation of a concentration to the Kosovo Competition Authority Authors: Florin Lata & Urtina Shkreli The Republic of Kosovo, through its Constitution and legislation, has adopted a market economy based on free competition as its economic model. State institutions must ensure that free competition…
We are pleased to announce that Vokshi & Lata law firm has been reconfirmed as a “recommended law firm” in the field of “leading firms” by one of the most prestigious sources in the world, Legal 500. Legal 500 has also individually assessed our lawyers with the highest ratings: Mr. Adem Vokshi has been rated…
Author: Ted Ginsburger This article was primely published in AmCham Kosovo’s “Horizon Magazine.” Before arriving in Kosovo two years ago I read a lot about its steady economic growth in the past years, the youth of its population, its resources, etc. As a foreign corporate lawyer, I was aware of the opportunity that represents a…