A foreign company may open a branch in Albania, following the regulations of the “Law 9901 dated April 14, 2008 on the entrepreneurs and commercial companies”. A foreign company must be aware that a branch is not considered a legal entity in Albania but may perform activities in the name of the parent company…
Subsidiaries in Albania may take many forms but all of them are characterized by the limited liability of the shareholders and the capital owned by the foreign company. The foreign company is drafting the article of association of the subsidiary and may choose the management structure. The advantages of owning a…
Albania began to conclude double tax treaties starting the year 1993. First country that signed this type of agreement with Albania was Hungary. In 1994 double tax treaties were signed with Poland, Romania, Czech Republic, Malaysia and Turkey followed in 1995 by agreements with Russia, Croatia, Italy and Greece. The year 1998 brought…
With a virtual office in Albania, your business will benefit from the presence of a high-profile office at a fraction of the cost of a traditional office. Our company has a vast experience in company formation services and virtual office services. The Virtual Office package provided by CompanyFormationAlbania.com contains: Prestigious…
What is the National Registration Center? A new law on registration was approved by the Albanian government in 2007. Law No. 9723 "On the National Registration Center" sets the National Registration Center (NRC) as a new public institution. This is considered one of the most important business reform taken by…
In order to attract investors, a number of measures have been implemented by the Albanian government and a set of fiscal policy was applied. The National Register Center represents the entry point for all type of business and all the related processes (work inspection authority, the social and healthcare security).…
The business climate in Albania is ruled by two important laws enacted in 2007 and 2008. In 2007, the Law No. 9723 "On the National Registration Center" was voted. This law is considered the reform of the business registration procedures, decreasing to only one day the necessary time to record…
The Limited Liability Company in Albania, also known as Shoqëri me Përgjegjësi të Kufizuara (Sh.p.k.) is the usual company type that small and medium enterprises are advised to take. Company formation in Albania of a Limited Liability Company is encouraged by the government and has just a few procedures (some of them can be performed…