Obtaining financial licenses in Albania is required for those who want to operate in this industry. Firstly, investors must incorporate a local business following the standard incorporation procedures and then, they need to contact the authorities responsible for the licensing procedure. Our consultants can provide legal representation to any interested…
Cryptocurrency is regulated under the Albanian law, therefore those who want to invest in this industry need to obtain a crypto license in Albania. More so, it must be noted that Albania was one of the first countries in Europe to adopt a legislation for the cryptocurrency industry – our…
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 legal entity 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. The age comes into play as a major benefit when doing business.…
Many investors choose to set up a branch in Albania. This decision requires careful management of local registration and liability laws. If you need help with establishing your presence here, you can rely on our company formation agents in Albania. What are the main services you can offer investors in connection to company formation in Albania? Our…
Subsidiaries in Albania can be registered under several legal entities but all of them are characterized by the limited liability of the shareholders and the capital owned by the foreign company. Our company formation agents can help any business establish a subsidiary in Albania. What is a subsidiary? A subsidiary defines a business…
