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Investor Presentaiton

Opportunities to Foreign Investment in Kosovo Table 3.2: Topic rankings of Doing Business report (2010-2011) Topic Rankings DB 2011 Rank DB 2010 Rank Change in Rank Starting a Business 163 158 ↓-5 Dealing with Construction Permits 173 177 ↑ 4 Registering Property 65 64 ↓↓-1 Getting Credit 32 30 √-2 Protecting Investors 173 172 ↓-1 Paying Taxes 41 51 ↑ 10 Trading Across Borders 130 131 ↑1 Enforcing Contracts 155 155 No change Closing a Business 31 28 ↓-3 Doing Business 2011 Rank 119 Doing Business 2010 Rank 118 Change in Rank ↓-1 3.4 Tax structure The tax policy in Kosovo is oriented towards simple regulations that ensure broad tax basis and prevent tax evasion. Taxes differ based on type of business and annual turnover. The tax administration applies three main tax regimes: • Corporate Tax Value added tax • Personal Income Tax VAT Kosovo 16% 10% Table 3.3: Comparison of Tax Systems in the region - 2010 Income Tax 0-10% Corporate Tax Macedonia 18% 10% 10% Serbia 18% 10% 10-20% Bosnia and Herzegovina 17% 10% 0-10% Croatia 17% 20% 12-40% Montenegro 17% 9% 9% Source: Investment Promotion Agency of Kosovo (IPAK) 26
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