Business formation in Albania
If you’re an entrepreneur who wants to grow your business or a hopeful startup founder searching for new possibilities, consider Albania as a promising country for business development. Positioned strategically and with great potential for growth, Albania offers customized business formation solutions that can smoothly integrate you into its thriving business environment.
The procedure of business formation
In terms of the formalities and procedures, we offer a wide range of services that address all aspects of business creation. This includes everything from the initial setup to handling all necessary legal documentation. By taking care of the entire process, we enable you to concentrate on your main business goals. Our team will support you by:
1
Choosing the right business structure
We acknowledge the importance of selecting the most optimal legal structure for your business. Whether you opt for incorporation, partnership, or sole proprietorship, our experts provide personalized guidance to assist you in achieving your goals.
2
Drafting legal documentation
The legal paperwork necessary for your business, including shareholder agreements, articles of association, and employment contracts, will be prepared by our proficient experts, who will customize them according to your specific requirements.
3
Bank account opening
To effectively handle financial transactions, receive payments, and make disbursements, it is necessary to initiate the process of setting up a corporate bank account within the respective country.
4
Registering with authorities
Our team of experts will assist you in maneuvering through the bureaucratic system by taking care of all the required registrations, such as tax authorities, social security, and trade registers. With our help, you can ensure compliance with Albania's legal framework.
Timeline for business formation: setting expectations
The length of time it takes to establish a company in the country depends on the particular type of business entity selected. Typically, it requires around 2-4 weeks to fulfill all requirements and successfully set up a company.
Types of legal business structures in Albania
We are experts in helping to establish different types of companies, making sure that your business structure seamlessly matches your goals.
Limited Liability Company (Shoqëri me përgjegjësi të kufizuar)
Many small and medium-sized enterprises typically choose the Limited Liability Company as it offers flexibility. This structure only requires a minimum capital of ALL 100 (€1), which makes it a feasible option for numerous entrepreneurs. A significant benefit is that directors have limited liability, which absolves them of personal responsibility for any debts. Our expertise allows us to offer the necessary support and aid for the registration of this company type in Albania.
Joint Stock Company (Shoqëri me pjesë të hapura)
The Joint Stock Company is frequently selected by larger businesses in Albania as it provides flexibility in the transfer of shares and ensures shareholder anonymity. With a minimum capital requirement of ALL 3000 (€ 30), we will assist you throughout the process of registering your company in Albania.
Branch Office
A branch office is a way for a company to expand its business into a different area while keeping its original legal identity. Creating a branch office in Albania can benefit companies that want to enter the country without creating a separate legal entity. By operating as a branch, the parent company can use its existing brand reputation and resources to access new markets. We provide extensive assistance in navigating the complexities of establishing and running a branch office in Albania, ensuring a seamless and compliant entry into the market.
Holding Company
In Albania, setting up a holding company can have several advantages, including centralized management, risk spreading, and tax benefits. By organizing your business as a holding company, you can effectively oversee multiple subsidiaries, simplify decision-making, and optimize tax planning. Our team of specialists offers customized support to guide you through the process of establishing and running a holding company in Albania, ensuring adherence to regulations and maximizing the potential of your corporate structure.
Our business formation solutions
We provide two convenient choices for establishing a company, accommodating your preferences and guaranteeing a seamless entry into the business scene in Albania.
Business formation online
You can easily start your company online, no matter where you are or what time it is. Our committed team is available to assist you at every stage, giving you personalized help that meets your unique requirements. Using electronic tools and a user-friendly interface, we make sure that submitting documents and monitoring progress is smooth and convenient. Allow us to simplify the process of incorporating your business, providing expert guidance as you establish your company with only a few simple actions.
Business formation remotely
Let us take care of all the necessary paperwork and legal requirements on your behalf. Our skilled team in Albania will handle the complete procedure, giving you the opportunity to concentrate on your main business operations.
Contact us
Looking to start your business in Albania? Don’t go through the complexities on your own. Get in touch with us for expert help and customized solutions to simplify the process of forming your company. Our team of skilled professionals will support you at every stage, guaranteeing a smooth and prosperous entry into the dynamic Albanian business landscape. Let’s collaborate to turn your company objectives into a tangible reality.
Ready for the next step
Accelerate your business growth while we take care of everything else.