Investment Opportunities in Kosovo

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Investment Opportunities in Kosovo
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Why investing in Kosovo?

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• Low taxes regime
• Abundant resources
• Stimulating investment environment
• Stable political system
• Young and multilingual population
• Flexible labor market and competitive labor force
• Sound banking system
• An inviting business environment
• New Customs Code trade facilitations
• Many investment opportunities
• IPAK

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Low taxes regime

• Customs duty on imports 10 - a reduced rate of
  0 applies to imports of capital goods and
  agricultural production inputs
• VAT rate is 15
• 0 taxes on exports
• Personal income tax rates vary from 0- 20
• 0 VAT and customs duty on exports
• Corporate income taxes 20

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Stimulating investment environment

• Free access to the market of the European Union
  and the markets of neighboring countries (member
  of CEFTA agreement)
• Simple and quick business registration procedure
• Modern and EU compatible legal framework
• The Euro is official currency, eliminating Euro
  zone currency risk

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 Law on foreign investments

• National treatment investment regime
• Guarantees for unrestricted use of income
• Prohibition of favoritism and discrimination
• Protection against expropriation
• 99 year land lease (UN guarantee)

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  Young and multilingual population

• Young and motivated population
• 2 million population
• 70 under the age of 35
• Official languages Albanian and Serbian
• Other European languages mainly English, Italian,
  German Swedish, French and Turkish etc

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   Flexible labor market and competitive labor
force

• Highly flexible labor force
• Average monthly wage 229 EUR
• Low income tax 5
• Mandatory contributions for individual pension
  saving accounts 10
• Abundant resources

Abundant natural resources lignite, lead,zinc,
ferronickel and fertile agricultural land
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Sound banking system

• BPK Authority-regulates banking and insurance
  sectors
• All banks are private
• 7 banks, including Raiffeisen Bank,NLB, etc.and
  8 insurance companies

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New Customs Code trade facilitations

• Bonded Warehousing- store imported goods under
  customs control, without paying any duties until
  sale
• Inward Processing Relief- import, process and re
  export , no duty
• Other facilitations- processing under customs
  control, transit, temporary admission, etc.

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  Energy and mining

• Lignite reserves about 14 billion tones
• One add. 1000 MW capacity, GDP increase of 17
• Demand for investments in new coalmines
• Huge deposits of lead and zinc ( Trepça mines)
• Gold and silver
• Ferronickel and magnesium

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Agriculture

• Agriculture sector
• Suitable and fertile land (fruits and vegetables)
• Area of 1.1 million hectares
• Private family small and fast growing farms
• Bio products
• 0 tariff rates for agro inputs and cap. goods
• A long winemaking tradition
• Opportunities on reviving livestock production,
  meat and diary production

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Tourism

• Winter tourism
• One existing ski resort -soon in privatization
• Virgin skiing resorts- potentials

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  Privatization of SOE-s

• Run by Kosovo Trust Agency
• Nearly 500 SOE to be privatized
• 30 rounds past, nearly 200 SOE still to be
  privatized
• Mostly agricultural companies, trade metal
  processing, textile
• Possibility of concessions or leases

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Automotive sector

• Shock Absorbers Factory
• Producer of shocks for cars, trucks, busses
  seats,
• washing machines etc
• Supplier of PEUGEOT, Gorenje, Fiat, etc. with OEM

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Industrial Park (Drenas)

• 24 Hectares of Land
• 8 km from Prishtina Railway station
• 21 km from Prishtina
• Adjacent to Prishtina/Skopje Highway
• Easy access to power, water, telecommunications
  etc

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What can IPAK do for you?

• Information on general business environment and
  specific industries
• Information on Taxation, Employment, Customs,
  Real Estate and other relevant laws and
  regulations
• Linking potential investors to Brownfield,
  Greenfield, and JV opportunities, including site
  visit organization
• Advice on business service providers financial,
  consulting
• Assistance with registration, licensing, work
  permits, and other documentation
• Assistance in dealing with administration on all
  levels

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KOSOVO IS READY AND OPEN FOR BUSINESS
Investment Promotion Agency of Kosova, Qyteza
pejton, Perandori Justinian, Nr. 3, Phone Fax
038 200 36041
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Investment Promotion Agency of KosovoTel Fax
381 38 200 36041 web www.invest-ks.org email
info_at_invest-ks.org