Company Formation Albania

The Company is to be registered by the National Business Center (NBC)/ Qendra Kombëtare e Biznesit (QKB).

There are a number of types of companies to register in Albania, where the most common type of company is the Limited Liability Company (Sh.p.k).

A SHA company limited by shares (Shogeri Aksionare - SHA.) is usually required only for specific regulated sectors, or where a higher capital structure is needed.

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Isavella Evripidou

Founder and Chief Executive Officer

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Features of the standard Limited Liability Company (Sh.p.k)

Service

Company registration

Type of company

Limited Liability Company (Sh.p.k)

Corporate Tax

0% tax: For companies with an annual turnover up to ALL 14 million (around €135 000). 15% tax: For companies with annual profits and a turnover above the threshold. (ALL 14 Million) .

Director

– Minimum 1, natural person – No residency requirement

Secretary/ Contact Person

Required locally

Shareholders

– Minimum 1, (individual or corporate entity) – No nationality restrictions.

Share Capital

Sh.p.k.: Recommended €100. SHA: 3,500,000 ALL (approx.: 30,000EUR)

Registered office / Registered address

Yes, in Albania

Bookkeeping

Required

Audit of Financial Statements

Required, auditor may be foreign if the company is internationally recognized.

Registration Timeframe

Approximately 2-3 weeks after the approval of the name & 10 working days for delivering the documents.
Albania

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This field is for validation purposes and should be left unchanged.

We recommend that you always check your spam/junk folder for legitimate emails that have been sent there by mistake and add “corporate@gfscglobal.com” to your White List or Safe Sender List.