Establishing a company in Albania is not that complex thanks to its incorporation process. The country has a double tax treaty signed with more than 35 countries that benefits offshore companies.

Its strategic location is excellent for setting up investment companies due to its access to Europe and the Balkan Peninsula.

The types of companies available in Albania are: Limited Liability Company (LLC) which only requires a director and a shareholder of any nationality. There is no obligation to travel or reside in Albania for the commercial installation to be successful. The minimum paid-up capital required is €1.

After the successful installation of the company in Albania, all companies that have been incorporated locally must submit financial statements to the Albanian business registry.

The statements must be audited if they exceed two of the following three data: annual sales of USD $ 230,000, total assets greater than USD $ 330,000 or have more than 30 employees.

Also can be created Corporations that are commonly used by investors who wish to trade stocks on regulated commercial markets. The minimum capital required to complete the incorporation process is 75 euros if the company's shares are to be offered to the general public or 30 euros if this is not the case.

The entity must be made up of at least one shareholder and one director, financial statements must be audited annually.

Finally, a company can be registered as a representative office in Albania, these offices can carry out any income-generating activity. Said entities can only engage in non-commercial and non-productive activities such as market research and / or promotion of the businesses.

WHAT IS THE MOST USED?

It should be noted that Limited Liability Company (LLC) is the common choice for companies in Albania because this legal entity provides personal liability limitation, flexible corporate structure and platform for a sole proprietor.

If you want to register a company in Albania at Foster Swiss we 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