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Limited Partnership
Ortakëri e Kufizuar
A Limited Partnership in Kosovo combines one or more general partners (with unlimited liability) and one or more limited partners (with liability limited to their capital contribution). It offers both management flexibility and low-risk options for investors.
Key Features
Two types: General Partners (unlimited liability, manage business) and Limited Partners (limited liability, passive investors)
No separate legal personality
General partners: unlimited liability; Limited partners: limited liability
Advantages
Limited partners can provide additional capital without risk
Gen. partners manage, limited partners are passive investors
Low-risk investment model for limited partners
Disadvantages
General partners' personal assets at risk
Limited partners cannot participate in management
Unequal authority — general partners bear most responsibility
Required Documents
Partnership Agreement
•Roles, rights, obligations of general and limited partners
•Profit/loss sharing and dissolution conditions
Identification Documents
•Valid ID for all partners
Proof of Address
•Lease agreement or deed
Registration Steps
1
Choose name including "Ortakëri e Kufizuar" and register with ARBK2
Submit documents to ARBK3
Pay registration fees4
Receive BIN numberOperations & Management
General partners handle daily operations and decisions
Limited partners are investors only — no management role
Profit/loss shared per partnership agreement
Legal Basis
Legal Reference: Law No. 06/L-016, Art. 64, 65, 68, 71
• Article 64: Nature of Limited Partnerships
• Article 65: Partnership Agreement
• Article 68: Responsibilities of Limited Partners
• Article 71: Profit and Loss Sharing
• Kosovo Law on Business Organizations (Law No. 06/L-016)
Post-Establishment Obligations
Register with Kosovo Tax Administration
Report any changes to ARBK
Follow partnership agreement for dissolution
Example Scenario
Two entrepreneurs establishing a food distribution company might choose a Limited Partnership. The general partner handles operations while the limited partner contributes capital with low risk.
Conclusion
A Limited Partnership is ideal for ventures aiming to attract investors while maintaining operational flexibility. General partners manage actively while limited partners invest with reduced risk.
Source: Kosovo Law on Business Organizations (Law No. 06/L-016) — Kosovo Consultancy