Step-by-Step Guide to Business Registration in Albania

Registering a business in Albania is an important first step toward turning your entrepreneurial idea into reality. This step-by-step guide to business registration in Albania will walk you through the necessary procedures, requirements, and tips to get your company up and running.

The registration process
1. Entirely on line through e-Albania platform;
2. Application for the registration is possible only by an Albanian resident

Type of entities subject to registration (most common)
1. Natural persons or self-employed (freelancers included here);
2. Limited liability company (LLC);
3. Branch of foreign company;
4. Representation office of foreign companies.

The preliminary steps
1. Prepare the articles of association including: address, legal name, legal seat, capital, object of activity, and personal data of shareholders and/or administrators;
2. For subsidiaries/branch the parent company should provide the following apostilled documents as well:
a. Resolution to establish an entity in Albania and appointment of the legal representative;
b. Bylaws of the parent;
c. Company certificate showing the parent is not in a process of liquidation or bankruptcy;
d. Financial statement for the last year (branch registration);
3. Translation and notary for the documents above;
4. ID of the shareholders and legal representatives;
5. Verify the name of the company if similar to others already registered.

Registration
1. Submission of the on-line application at e-Albania;
2. Approval usually within 48 hours;
3. Obtain certificate of registration within 24 hours from the approval.

Other required compliance
1. Register the ultimate beneficial owner (UBO) of the legal entity (except the natural persons);
2. Register the bank account within 20 days;
3. Register the legal representative within 48 hours to the tax system (e-filling);
4. Register the rent contract to the to the tax system;
5. Register the rent contract at the municipality.

Other steps
1. Obtain the electronic fiscal certificate (takes approx. 1-15 days and costs 4000 Leke/year);
2. Obtain the electronic signature (takes approx. 1-15 days and costs 4800 Leke/year);
3. Obtain the company stamp (takes approx. 1 day and costs 3000 Leke);

At JBC & Associates, we can handle the entire business registration process for you, ensuring everything is done efficiently and in compliance with Albanian law. Let us take care of the details while you focus on growing your business.

Contact us today!