Joint Stock Company in Albania
The fundamental capital of a joint-stock company is divided into shares, which the company’s founders subscribe to. Founders are natural or legal persons who are not liable for the company’s obligations and are only liable for personal losses up to the amount of their subscribed capital contribution.
A Meeting of the Founding Shareholders in Albania should decide on the foundation of a Joint Stock Company, which will include the subscription of capital shares and the acceptance of the Statute. The newly created firm comes to life after it is registered in the Commercial Register.
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Joint Stock Company registration conditions
A Joint Stock Company with a private offering must have a minimum capital of ALL 3.500.000. A Joint Stock Company with a Public Offering must have a minimum capital of ALL 10.000.000. A minimum of one-fourth of the nominal value of the shares must be paid up for monetary contributions before registration.
Timeline
A company can be fully registered in Albania in as little as four weeks. Between two and four weeks, it is also possible to purchase a ready-made corporation.
Fees
It costs about $3570 to complete the business formation process. Request our quote by contacting us.
Compulsory regulation
The formation of a JSC should be decided by a Meeting of the Founding Shareholders, which will include the subscription of capital shares and the acceptance of the Statute.
Documents
List of required documents:
- Memorandum of Association,
- Evidence of approval by the Securities Commission,
- Central Depositary Agency’s approval,
- Articles of Incorporation,
- Location, citizenship, and occupation of members of the Board of Directors, as well as statements concerning their acceptance of the position,
- Names of the Executive Director, Secretary, and Auditor,
- Documentation of the payment of the incorporation fees is requ
The preparation of these documents is handled by our team.
Consultation about Joint Stock Company registration
We offer consultation services for registering a Joint Stock Company in Albania that will assist you in all aspects of setting up your business. Our experienced advisors will assist you from preparing the initial paperwork to acquiring the required permits and registrations, ensuring a streamlined and effective process. We offer tailored advice on legal obligations, share capital, and corporate structure to help you make well-informed decisions that are in line with your business objectives.
Ownership management
Managing the ownership of a Joint Stock Company is an important and intricate responsibility. Our services involve dealing with ownership changes, overseeing beneficial owners, and managing ownership transfers. We guarantee that all ownership changes are recorded accurately and adhere to current regulations.
Corporate structure changes
As your business grows, your corporate structure may also need to evolve. If you require adjustments such as changing directors, updating nominee information, or making other structural changes, we offer comprehensive services to help facilitate these transitions seamlessly and effectively.
Share capital management
Properly managing share capital is essential for the financial well-being of your company. We provide assistance in boosting, decreasing, selling, and transferring share capital, guaranteeing that all operations are conducted accurately and in compliance with legal regulations.
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