Start a business in Albania
Albania is recognized for its favorable economic environment and friendly setting for business owners, presenting numerous opportunities to achieve your goals. Our firm is dedicated to supporting you at every stage, offering expert guidance and help to ensure a seamless and successful startup for your business.
Steps and solutions
Our systematic approach simplifies the process of starting a business in Albania. Our team provides tailored solutions that accelerate the journey to success, covering everything from selecting the most suitable corporate structure to providing comprehensive support with registration, licensing, banking, and additional services.
Determine business activities
A key step in launching a business is identifying its activities. This involves outlining the main functions, services, or products the company plans to provide or be involved in. An accurate portrayal of these activities is vital for meeting legal requirements and for creating a distinct identity for the business. We offer support for starting businesses across various industries, including, but not limited to:
- Aviation
- Bank
- Blockchain
- Business support
- Cars and vehicles
- Construction
- Consulting
- Distribution
- DIY retail
- Education
- Electronics retail
- Energy
- Farming
- Finance
- Fitness
- Food and beverage retail
- Freight and package transportation
- Healthcare
- Hotels and motels
- Information technology
- Laboratory
- Logistics
- Manufacturing
- Marketing
- Media
- Minerals
- Printing
- Publishing
- Real-estate
- Restaurant
- Tourism and travel
Choosing the right legal entity type
Choosing the appropriate legal entity structure is the first step in setting up your business. There are several options to consider, such as Limited Liability Company (SHPK), Joint Stock Company (SH.A.), Branch Office, and Holding Company in Albania. Each type of legal entity has unique consequences related to liability, taxation, and operational flexibility. It is essential to seek legal advice and perform comprehensive research to identify the best structure that aligns with your company’s objectives.
Conducting thorough market research
The experts will assist you in conducting comprehensive market research and provide valuable insights regarding consumer preferences, market trends, and competitive analysis. With this knowledge, you can create a strong business plan and define a strategic presence in the industry.
Setup legal address
The knowledgeable team will guide you through the licensing requirements, clarify the necessary permits, and assist you with the application process. We will ensure that you acquire all the required licenses.
Applying for required licenses
The knowledgeable team will guide you through the licensing requirements, clarify the necessary permits, and assist you with the application process. We will ensure that you acquire all the required licenses.
Opening a business bank account
The team will assist you in selecting a reliable bank and will support you in the account opening process. We will take you through the necessary documentation, manage communication with the bank for you, and ensure your corporate account is tailored to fit your specific needs.
Registering your business
The experienced team will assist you with every aspect of the registration process, such as preparing and submitting the required documents. We will streamline the registration process to conserve your time and effort, allowing you to focus on growing your business.
Setting up accounting
The experts will assist you in creating effective accounting systems and procedures, guaranteeing that you keep accurate financial records and comply with accounting standards. Whether it’s bookkeeping or preparing financial statements, we will aid you in effectively managing your business finances.
Business landscape in Albania
Albania offers a supportive environment for businesses, a flourishing economy, and prospects for companies aiming for stability and expansion in sectors like manufacturing, tourism, and services. Its advantageous position along the Adriatic Sea, along with affordable costs and government efforts to encourage investment and entrepreneurship, gives Albania several benefits for businesses wanting to set up in the area.
Start a business with us
Our team is ready to assist you at every stage of starting a business in Albania. When you are ready to get started, contact us using the form below to discover more and set up a consultation. Let us serve as your reliable advisors as you explore the unique opportunities in Albania, turning your entrepreneurial goals into real success.