Legal entity types in Albania compared
Our team is dedicated to helping entrepreneurs like yourself understand the complexities of Albania’s business structures. Our range of services guarantees that you can select the most suitable structure for your business, all while meeting legal obligations. Let’s examine the different business structures and discuss how we can support you in establishing your business in this flourishing European country.
Legal entities in Albania
Below is a summary of the most commonly used legal structures in Albania:
| Entity | Local name | Min. share capital | Management | Incorporation time (approx.) |
|---|---|---|---|---|
| Limited Liability Company | Shoqëri me përgjegjësi të kufizuar | ALL 100 (€ 1) | Directors | 10 days |
| Joint Stock Company | Shoqëri me pjesë të hapura | ALL 3000 (€ 30) | Board of directors | 15 days |
| Branch Office | – | – | Branch manager | 15 days |
| Holding Company | – | – | Board of directors | 10 days |
Limited Liability Company (Shoqëri me përgjegjësi të kufizuar)
Small and medium-sized businesses frequently choose to establish a Limited Liability Company. With a minimum capital requirement of just ALL 100 (€1), this structure is easily accessible for many entrepreneurs. One of its main benefits is the limited liability protection it offers to directors, relieving them of personal responsibility for any debts. Our team can offer the necessary support and advice to assist you in registering this business entity in Albania.
Joint Stock Company (Shoqëri me pjesë të hapura)
The Joint Stock Company is a popular option for bigger businesses in Albania. It provides flexibility in share transfers and shareholder anonymity, with a minimum capital requirement of ALL 3000 (€30). We are available to assist you throughout the process of registering your company in Albania.
Branch Office
A branch office functions as an extension of the main company, enabling it to operate in a different area without losing its legal identity. Setting up a branch office in Albania can benefit businesses that want to grow in the country without forming a new legal entity. By acting as a branch, the main company can use its brand reputation and resources to enter new markets. We provide full assistance in establishing and running a branch office in Albania, guaranteeing a seamless and compliant entry into the market.
Holding Company
A holding company is commonly used as a strategic tool to control other companies by owning their shares. In Albania, creating a holding company can bring advantages such as centralized management, risk diversification, and tax benefits. By forming your business as a holding company, you can effectively oversee multiple subsidiaries, simplify decision-making, and enhance tax planning. Our experienced team offers personalized support to aid in setting up and running a holding company in Albania, ensuring adherence to regulations and maximizing your corporate structure’s potential.
Requirements for starting the business
Let’s examine the key criteria for initiating a business entity in Albania and how our committed team supports you throughout the entire process.
Minimum share capital
Albania has minimum share capital requirements based on the selected business structure. Regardless of the type of corporation, our experts will help determine the necessary minimum share capital for setting up your business. We will work closely with you to ensure that you comply with regulations and make the most of your financial resources.
Directors and shareholders
In Albania, every company needs to have directors and shareholders. Our experts can provide valuable guidance on selecting directors who can bring their expertise to benefit your company and help achieve your future goals.
Legal duties and obedience
Keeping up with obligations such as registration, reporting, and tax requirements is essential. Our legal team manages administrative tasks to ensure full compliance, freeing you to concentrate on your main operations.
Book a consultation
The team dedicates time to comprehend your goals, sector, and obstacles, allowing us to offer tailored assistance during the process of forming a business. We ensure a smooth and trouble-free path to creating a successful company in Albania through our expertise and commitment to excellent service. Do not let the challenges of setting up a business in Albania hold you back from achieving success. Trust in us, and together, we will assist your company in reaching its full potential. To start your path to success, reach out to us now by filling out and submitting the inquiry form below, and our experts will reach out to you shortly.