Fees and timelines in 2022
Fees
Incorporation costs in Year 1 amount to €3,450 and annual company costs in Year 2 and thereafter amount to €0. The average total fee per Kosovo engagement amounts to €10,850, which includes company incorporation and opening a local corporate bank account and all government fees. Refer to draft invoice embedded here.
Timelines
The average Kosovo company registration period is 15 weeks as outlined below:
Service
LLC
PLC
Branch
Rep office
Engagement planning
3 weeks
2 weeks
2 weeks
2 weeks
Company incorporation period
4 weeks
5 weeks
6 weeks
4 weeks
Bank account approval
4 weeks
5 weeks
5 weeks
5 weeks
Internet banking approval
3 weeks
2 weeks
2 weeks
2 weeks
Incorporation completion
1 week
1 week
1 week
1 week
Total engagement period
15 weeks
15 weeks
16 weeks
14 weeks
Preparing a detailed project plan;
Our Client confirms the corporate structure;
Collecting due diligence from our Client.
Our Client signs the corporate bank account opening forms;
Bejarano ADF Consultants prepares a business plan;
Bejarano ADF Consultants visits the bank for interview;
The Bank Legal and Compliance Department review and approve the banking application;
The Bank Front Office email corporate bank account numbers to our client.
The Bank Operations Department mails the internet username and passwords to our Client;
Some of our Clients’ request Bejarano ADF Consultants to activate the internet banking on their behalf.
Bejarano ADF Consultants confirms all Client due diligence is received;
Bejarano ADF Consultants couriers to our Client the complete original company and bank account documents;
Our Client completes our web page feedback survey;