Payment Terms Legislation In Kosovo

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Kosovo

Please scroll down for a summary of payment terms in Kosovo and the various industries across which payment term legislation appears.

To access the complete international payment terms data, download the international payment terms whitepaper.

Industries Laws Codes Notes Interest Rate
Government
Comm_terms_law
Construction
Manufacturing
Retail_agriculture
Services

Laws

Law 05/L-110 (2016) transposes EU Directive 2011/7/EU. B2B default deadline of 30 days, extendable to 60 by contract. Public authority payments capped at 30 days.

Government Comm_terms_law Construction Manufacturing Retail_agriculture Services
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Interest Rate

Late payment interest under Law 05/L-110: Central Bank of Kosovo reference rate + 8 percentage points. Fixed EUR 40 minimum recovery cost compensation payable without reminder.

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