Starting a Business in Albania

This table summarizes the procedures and costs associated with setting up a business in Albania.

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Legal Form: Limited Liability Company (Shpk)
City: Tirana

	Procedure	Time to complete:	Cost to complete:
1	Search for a unique company name	1 day	ALL 100
2	Notarize the incorporation documents	1 day	ALL 8700
3	Request and obtain the Registration Certification and unique business identification number with National Registration Center, NRC (Qendra Kombëtare për Regjistrim,QRK)	1 day	ALL 100
4	Registration with the Municipality Bureau of Internal Revenue	1 day	ALL 46500
5	Make a company seal	1 day	ALL (3,000 - 5,000)

Procedure 2.: Notarize the incorporation documents
Time to complete:: 1 day
Cost to complete:: ALL 8700
Name of Agency:
Comment:: Fees to notarize the incorporation documents include:
- Articles of incorporation: ALL 2,700.
- Statute: ALL 2,500.
- Eventual special proxy to an attorney: ALL 3,000.
The above-mentioned professional fees are charged mostly in Euros.

The legal fees for drafting the statute and the articles of incorporation vary greatly (from USD 100 to over USD 1,000), depending on the quality of legal services.

Procedure 3.: Request and obtain the Registration Certification and unique business identification number with National Registration Center, NRC (Qendra Kombëtare për Regjistrim,QRK)
Time to complete:: 1 day
Cost to complete:: ALL 100
Name of Agency:
Comment:: The NRC Law has established the National Registration Center as a new central public institution, which functions as a Single window where the entrepreneur can complete company registration, tax registration, social insurance, health insurance and labor directorate registration using a single application procedure (Article 59 of the law no. 9723 "on National Registration Center: NRC").
According to law no. 9723 "on National Registration Center: NRC", it takes 1 day to register at the NR since the electronic registry is now fully operational and has increased in capacity.

Procedure 4.: Registration with the Municipality Bureau of Internal Revenue
Time to complete:: 1 day
Cost to complete:: ALL 46500
Name of Agency:
Comment:: Local fees and tariffs include:
- Environmental tax : ALL 15,000
- Green tax: ALL 5,000.
- Billboard fee: ALL 1,500 (in Albanian) – ALL 3,000 (in foreign language) a year.
- Property tax (assuming 100 sq. m in space), applied to any company-owned immovable property: ALL 200 per sq. m. a year.

Companies may pay local fees and taxes by Alba Post( a state-owned mailing services company) or commercial bank and must obtain proof of payment.