Investors who want to start a business in Albania will oftentimes need to hold a business license or a permit for their economic activities. The process of obtaining business licenses in Albania is regulated under the local law, which stipulates the types of licenses available here and the types of…
Individuals and legal entities have the right to open a foundation in Albania. The foundation is a type of entity that is registered in accordance with the rules for non-profit organizations (NPOs), which regulate formal registration procedures, similar to the ones available when setting up a company in Albania. Our…
Investors can set up a sole proprietorship in Albania if they want to carry out a business activity in their own name. The sole proprietorship is also known assole trader or, in Albanian, thePerson Fizik. This entity can be registered only by an individual who develops a business activity for…
Foreign investors can open a representative office in Albania, a type of entity that is recognized under the local law. A representative office is also referred to as a liaison office and it defines an entity that is incorporated for the purpose of carrying out promotional/marketing activities on behalf of…
This article will relate the experience of opening a business in Albania as a foreigner, including the benefits and legal requirements entrepreneurs encounter here, as well as costs and other particularities. Albania has recently become a compelling destination for investors. The ongoing economicreforms have created a welcoming environment and…
A shelf company is a company which has already been set up and registered, however it has never actually done any business. These ‘ready-made’ companies are often kept ‘on the shelf’ to age months or even years. This age comes into play as a major benefit when doing business. Our…
