Company Establishment in Albania

Company Formation · Legal Structure Selection · QKB Filing · Tax Registration · Bank Coordination

Albania has built one of the more accessible company-registration regimes in the Balkans. The National Business Center (QKB) operates as a single-window authority: a foreign founder can reserve a name, file incorporation documents, and receive both a registration certificate and a tax identification number (NIPT) through one filing. There is no meaningful minimum capital barrier for the standard Sh.p.k., and full foreign ownership is permitted in the great majority of business activities.

For an international entrepreneur, the legal steps themselves are straightforward. What actually determines whether registration takes a few days or drags into weeks is whether the right structure is chosen up front, whether documents are prepared and legalised correctly the first time, and whether tax, banking and compliance are coordinated in the right sequence rather than handled as an afterthought. Albania For Business Sh.p.k. manages that sequencing end-to-end, whether you are incorporating a fresh Sh.p.k., extending an existing foreign company through a branch, or acquiring a ready-made company outright.

Why Foreign Entrepreneurs Choose Albania

  • Fast, single-window registration through the QKB, typically resolved in a few business days once documents are complete.
  • No meaningful minimum capital requirement for the standard Sh.p.k. structure.
  • Full or majority foreign ownership permitted in most business activities, with foreign directors permitted without restriction.
  • A competitive standard corporate income tax rate, with a separate small-business regime for lower-turnover companies (see below — subject to verification).
  • EU candidate country status with a Stabilisation and Association Agreement already in force, offering preferential trade access to the EU market.
  • Lower operating, office and labour costs relative to Western and Central Europe, supported by a young, increasingly multilingual workforce.
  • A strategic Adriatic-Ionian coastline location bridging Western Europe, the wider Balkans and the Mediterranean — useful for logistics, tourism and services businesses alike.

Choose the path below that matches your situation, or read on for the full formation package, process, tax overview and frequently asked questions.

Remote Formation by Power of Attorney

Register your Albanian company remotely without travelling — using a notarised power of attorney.

How remote formation works →

Purchase a Ready-Made Company

Acquire a shelf company with an existing registration number and start operating immediately.

Explore ready-made companies →

Branch of a Foreign Company

Establish an Albanian branch of an existing foreign company without creating a separate legal entity.

Open a branch in Albania →

Company Structure & Tax

Understand the company structure, share capital requirements, tax regimes and governance rules.

Company structure overview →

Legal Address & Virtual Office

Every Albanian company requires a registered legal address. We provide virtual office solutions in Tirana.

Legal address options →

Corporate Documents & Post-Registration

What happens after registration — documents, tax registration, bank account, compliance calendar.

Post-registration steps →

Company Formation in Albania — Key Facts

ALL 100

Minimum share capital (approx. €1)

1–3 days

Typical registration timeline

15% CIT

Standard corporate tax rate

Remote-friendly · English docs

What Is Included in Our Company Formation Service

Albania For Business Sh.p.k. manages the complete process from structure selection to operational readiness. The following services are included in the standard company establishment package:

Service Details
Company name reservation We check availability and reserve your chosen company name at the National Business Center (QKB).
Legal structure selection We advise on Sh.p.k., branch or other structure based on your ownership, activity, tax position and plans.
Bilingual document preparation Articles of Association, shareholder resolutions, declarations and all registration forms prepared in Albanian and English.
QKB filing We submit the full registration file to the National Business Center and manage all authority communication.
Beneficial owner declaration Preparation and submission of the UBO (ultimate beneficial owner) declaration required under Albanian AML law.
Tax registration Registration with the Albanian tax authority, including NIPT issuance and tax regime selection.
Legal address provision Every Albanian company requires a registered legal address. We coordinate virtual office arrangements in Tirana.
Bank account coordination We coordinate the bank account opening process and advise on which banks work best for foreign-owned Albanian companies.

These services are provided as a fixed-scope package for the standard Sh.p.k. formation. Where a client’s situation requires additional work — a regulated activity, a more complex ownership structure, or a non-standard bank relationship — we confirm the extended scope and fee before starting that work.

Documents Required for Registration

The exact checklist depends on your ownership structure and nationality, but most registrations require the following:

  • Passport copies of all shareholders and directors.
  • Proposed company name(s), in order of preference, and a description of the intended business activity.
  • Registered legal address in Albania (a lease agreement, landlord’s letter of consent, or our virtual office arrangement).
  • Founding act / Articles of Association, prepared in Albanian and English.
  • A notarised and, where applicable, apostilled or legalised power of attorney, if incorporation is handled remotely.
  • Beneficial ownership information for the UBO declaration.
  • Certified Albanian translations of any foreign-issued corporate documents (for corporate shareholders or branch parent companies).

We issue a confirmed, situation-specific document checklist at the start of every engagement, so nothing is discovered mid-process.

How the Process Works

The typical company formation timeline for a standard Albanian Sh.p.k. with foreign shareholders runs as follows. Remote formation requires additional time for document preparation, notarisation and courier transit.

01

Initial consultation & structure selection

02

Document checklist & client information

03

Name reservation & document preparation

04

Document signing (remote or in Albania)

05

QKB submission

06

Registration certificate & NIPT issued

07

Tax registration & post-registration setup

Typical Costs & Fees

Indicative cost components for a standard Sh.p.k. formation are set out below. Your adviser confirms an exact, fixed quotation once your structure and activity are known.

Cost Component Typical Range / Basis
QKB state registration fee Low / nominal — confirm current fee schedule
Notary fees (POA, resolutions) Varies by document count and jurisdiction of signing
Apostille / consular legalisation Set by the notarial or consular authority in your home country
Certified Albanian translation Per page, depending on document volume and language pair
Registered legal address / virtual office Typically quoted as an annual fee
Bank account opening support Included in advisory fee; bank charges are separate
Advisory / service fee Fixed-fee packages available for standard Sh.p.k. formation; confirmed before work begins

All figures are indicative only and vary by case complexity, document volume and current official fee schedules. A firm quotation is always confirmed in writing before an engagement begins.

Albanian Tax Regimes for New Companies

The tax regime applicable to a newly registered Albanian company depends on its annual turnover, activity type and applicable exemptions. The following overview is for general guidance — always verify with a qualified Albanian tax adviser.

Regime When it applies Tax rate Key condition
Small business regime Annual turnover up to ALL 14,000,000 (approx. €114,000) Reduced / preferential Eligibility and current rate must be verified — thresholds have changed in recent years
Standard corporate tax Annual turnover above ALL 14,000,000 15% on net profit Default regime for most companies
Dividend tax On profit distributions to individual shareholders 8% withholding Withheld at source; treaty relief may apply
VAT — standard Annual turnover above approx. ALL 10,000,000 or voluntary registration 20% standard rate Optional below threshold; required above
VAT — reduced (tourism) Accommodation and certain tourism-related services 6% reduced rate Sector-specific; conditions apply
⚠ Fact-check note — for internal review

Tax thresholds, VAT registration limits and small-business eligibility rules have changed multiple times in recent years. All tax rates and thresholds must be verified by a qualified Albanian tax professional before publication. Do not rely on these figures without review.

Frequently Asked Questions — Company Formation in Albania

The Albanian Sh.p.k. (Shoqëri me Përgjegjësi të Kufizuar — limited liability company) is the most commonly used structure for small and medium-sized foreign-owned businesses. It offers limited liability, flexible ownership, and a nominal minimum share capital. The best structure for your situation depends on your ownership model, planned activity, number of shareholders and tax objectives.

In most cases, no physical visit is required at the registration stage. Documents can be signed remotely and submitted via power of attorney, provided they are properly notarised and legalised. Bank account opening, however, may require the company director to visit in person, depending on the bank’s KYC policy.

Registration at the National Business Center (QKB) typically takes 1–3 business days from the date of submission, once the complete file is in order. Remote formation adds time for document preparation, notarisation and courier transit — total timeline is usually 1–2 weeks.

The standard Sh.p.k. requires only a nominal minimum share capital. Certain regulated or capital-intensive activities may require a higher minimum, or may be better suited to a Sh.a. (joint stock company). Your adviser will confirm the appropriate amount and structure for your situation.

Yes. There are no restrictions on foreign ownership for the great majority of business activities. A single foreign individual or a foreign company can be the sole shareholder, and foreign directors are permitted without restriction, subject to sector-specific exceptions.

Standard requirements include: copies of passports or identity documents for all shareholders and directors; proposed company names in order of preference; confirmation of planned business activity; proof of right to use the legal address; and a completed registration information form. Our team will confirm the exact checklist for your situation.

Every Albanian company must have a registered legal address in Albania. This address appears in the company register and receives official correspondence. We coordinate virtual office solutions in Tirana which typically include mail receipt, scanning and electronic forwarding. See our Legal Address & Virtual Office page for full details.

Yes. A ready-made (shelf) company is a pre-registered Albanian Sh.p.k. with no prior trading activity that can be transferred to a new owner. This is faster than fresh registration in some respects, since the company already has a NIPT and registration date. See our Ready-Made Company page for details.

The NIPT (Numri i Identifikimit të Personit Tatimpagues) is Albania’s unique tax identification number. It is issued automatically as part of company registration and is required for invoicing, tax filings, customs and opening a bank account — it functions as both your registration number and your tax ID.

Yes. A single Sh.p.k. can register multiple business activities at incorporation or add further activities later, provided each falls within the scope your company’s founding act allows and, where relevant, any sector-specific licensing requirements are met.

Yes. Registered companies must maintain bookkeeping records, file periodic tax and VAT returns where applicable, submit annual financial statements, and keep the beneficial-ownership register up to date. Our accounting and compliance service covers these obligations on an ongoing basis after formation.