At Foster Swiss we will assist you on the best way to register your company abroad. The main facility we have of establishing a company in Albania is that it can be created with a director and a shareholder who only need to pay ˆ 1.
In addition, there is no nationality or residence requirement for directors or shareholders.
A company registered in the country offers its clients certain tax advantages:
o Albania imposes a relatively low corporate tax rate, only 15%. It is also noted that new companies with annual turnover of less than ˆ 65,000 can benefit from the lower rate of 5%.
o Foreigners who register their companies in the free zones of Albania may have exemption from corporation tax for the first 5 years and a reduced tax rate of 7% for the next 5 years, as well as without customs duties or VAT on imports.
o Albania's economy is one of the most stable.
o Albania has a stable economy that greatly favors companies operating in the region, the country has one of the lowest inflation rates of 1.5% in the EU region and a steady annual growth. This assures the insiders of a promising, profitable and stable economy for investors.
Due to low corporate taxes of 10-15% trade in Albania is a suitable option for foreign entrepreneurs looking to do business in the Balkans and Europe.
Operating costs are one of the lowest in Europe, making it a good place to register a production and export oriented business.
If you want to register a company or are interested in opening a bank account in Albania, Foster Swiss can advise you. We help you in practically everything: we provide advice from the moment you choose a corporate structure for your company until even one year after having incorporated your company.
And of course we take over the entire process for you.
For more information on this topic or any requirement related to our services, you can contact directly through info@fosterswiss.com