Eternity Law International — News — Company registration in Albania

Company registration in Albania

Published:
December 9, 2020

Registration of a company under the jurisdiction of Albania and opening an account in one of the Albanian banking institutions is an excellent opportunity to implement large business projects and bring them to the European market.

For entrepreneurs, Albania is beneficial for the following reasons:

  • stable economic and political situation;
  • advantageous geographic location;
  • the banking sector is at a fairly high level;
  • an incommensurable set of prospects for the development of a business of any scale;
  • foreign investors are welcomed by the authorities;
  • skilled workforce;
  • loyal tax conditions;
  • 5 free economic zones;
  • over 35 DTA agreements with European and Asian countries.

Main forms of company registration

Before registering a company in Albania, you need to choose the most suitable organizational and legal form. The most convenient and accessible for foreigners are the following:

  • LLC;
  • Free Zone Company;
  • Branch of a foreign organization;
  • Representation.

The most cost-effective and convenient future management for a foreign entrepreneur will be the Free Zone Company.

Registration process

After you have chosen the OPF, you will need to do the following:

  • Come up with a unique name for your organization
  • Number of directors: 1+
  • Number of shareholders: 1+
  • The company can be managed by individuals or legal entities
  • Residence requirements: no
  • A secretary is not required
  • Share capital: from 1 euro
  • No registered office required
  • Need an active account in one of the banking institutions in Albania
  • Financial statements must be submitted

Tax regime

In accordance with the relevant legislative and regulatory framework, the following taxation conditions apply in this state:

  • income tax is levied at a 15% rate. If the company’s income is 60+ thousand euros, the rate is reduced to 5%;
  • the value added tax is 20%. This tax is not paid by the Free Zone Companies;
  • royalties, interest and dividends are subject to 15% tax.

If you need to register a company in Albania, our specialists will help you register a company quickly and efficiently. Also, you can buy a ready-made company in Albania. Write to us in the CRM form and we will help you register a company.

Eternity Law International specialists will provide you with qualified advice on the acquisition of an offshore company, opening a bank account in any jurisdiction, as well as further support of your company’s activities at any stage.

We offer ready-made European and offshore companies. It takes 2 days to reissue documents for new owners.

If you have any questions or need advice on registering or buying a company, call us at the phone numbers listed on the website, or write to us in the CRM form located at the bottom of the page. Our specialists will answer you online.

You could be interested

Investing in real estate

ADVANTAGES AND DISADVANTAGES Many investors today are convinced that investing in real estate is one of the most profitable and highly efficient applications for financial assets. In this article I want to reveal all the pros and cons of investing in real estate. BASIC ADVANTAGES OF INVESTMENT IN REAL ESTATE If you invest in real...

Status Check in Interpol Database in the USA

From the very beginning it is remarkable to mention in today’s interconnected world, security concerns often stretch beyond national borders. Regarding this, one of the most prominent multinational agencies in this regard is transnational policing  agencies. Depending on if you are searching to confirm your status in the network of the such agency database, figuring...

International Jurisdiction Cases in USA

Understanding international jurisdiction cases in the USA means more than just knowing the country’s laws – it’s about how those laws interact with legal systems overseas. When businesses or individuals operate across borders, legal obligations often overlap. Disagreements can quickly arise when rules in one country contradict or clash with those in the United States....

Experience

Our experts in international law, tax planning, banking and payment solutions, who work for more than 10 years, lawyers, tax and bank consultants, know the specifics of their work.

A new level of networking at the Blockchain Life 2020 forum

Make hundreds of connections at Blockchain Life 2020 The 5th Blockchain Life 2020 returns to Moscow on April 22-23 at the unique media venue Music Media Dome. The international forum annually gathers over 5000 participants from 70 countries, proving to be one of the biggest events on blockchain, cryptocurrencies, and mining in the world. Get...

Choosing the European bank

If you already have a working company in Europe, then you are suitable banks that are located in Austria, Luxembourg, Liechtenstein and Switzerland. Banks in these jurisdictions love working businesses, love to look at customer statements, and explore the financial origins of funds. And also the fact that the client has experience in the relevant...

Related posts

Company liquidation in Albania

Every day, a new firm appears, but entrepreneurship has always been risky and hard to predict even in the short term. So, it’s no wonder that someday, an enterprise may be wound up for many reasons in any part of the world, including Albania.     Reasons to dissolve a firm in Albania Albania Company Dissolution might...

Registration of a company in Poland

Poland has been a favorable market for foreign businesspersons who appreciate the country’s openness, geographic location, and well-educated and highly skilled employment market.  Accordingly, company registration in Poland is an excellent option to discover many commercial opportunities and take advantage of both low labor costs and attractive corporate taxation rates. Below is a brief overview of the...

Registration of IT company in Poland

This country’s in top-list of EU states regarding size, level and scale of economic industry. Registration of IT company in Poland is fastest way to conquer EU markets and integrate into its commercial community. Poland completely supports IT startups in every accessible way, simplifying enterprise establishment and integrating procedures. IT company incorporation in Poland A...

Company registration in Poland

Poland is developing quite dynamically. It is a European country with EU membership and offers its residents and foreign visitors a high social level, a loyal fiscal system and a welcoming, friendly atmosphere. And this is not a complete list of the advantages of Poland as a jurisdiction for creating a business. You can register...

LTD company registration in the UK

Today, registering a company in the UK is the most suitable choice for working with international partners. Among the main benefits of the jurisdictions are following: Britain is not an offshore, so it is not included in the blacklist of other states; this country has a trustworthy reputation, which positively affects the image of the...

Registration of IT company

SELECTION OF JURISDICTION AND REGISTRATION OF IT COMPANY Registration of IT company initially begins with a choice of jurisdiction. It has long been known that the development of private enterprise is a complex process that requires perseverance, financial investment, professional knowledge and technical skills. One of the main obstacles that creates difficulties for the entrepreneur...

Discover our services

The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.

Ready-made companies for sale

Companies with a bank account around the world

Banks for sale

Established Banks for sale

Ready-made licenses for sale

Forex, cryptocurrencies, gambling, EMI, PSP, SVF, MSO, DLT

Licensing

Forex licenses, cryptocurrencies, gambling, EMI, PSP, SVF, MSO, DLT

Offshore company registration

Expert advice on the acquisition of an offshore company

Open a bank account

Open bank accounts in more than 120 banks around the world
Fill the blank: