On this day in 2017, Kosova received international acclaim as the most reformed country for supporting new enterprises, particularly start-ups, according to the international jury of the World Forum of Angel Investors. The assessment was grounded in significant reforms, notably in business registration, propelling Kosova from 47th to 13th place globally, as outlined in the then World Bank report.
The jury commended Kosova for its efforts in streamlining bureaucratic processes and establishing one of Europe’s lowest tax regimes, featuring a 10% income tax and 0% dividend tax. This recognition underscores Kosova’s commitment to fostering an environment conducive to business growth.
The accolade was a testament to the Government of the Republic of Kosova’s dedicated initiatives aimed at enhancing the business environment and implementing policies that encourage entrepreneurship and attract investment. The prestigious recognition was conferred during the World Forum of Angel Investors, a gathering attended by investors from 450 countries, alongside high-ranking representatives from global state institutions and business associations in 2017.
This achievement not only reflects Kosova’s progress in business-friendly reforms but also positions the country as an attractive destination for entrepreneurs and investors globally. The international acknowledgment serves as a catalyst for Kosova’s continued efforts in creating a robust and supportive ecosystem for emerging enterprises and start-ups.
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