Albania

Starting a Business in

Albania

Listed below is a detailed summary of the bureaucratic and legal hurdles an entrepreneur must overcome in order to incorporate and register a new firm, along with their associated time and set-up costs.  It examines the procedures, time and cost involved in launching a commercial or industrial firm with up to 50 employees and start-up capital of 10 times the economy's per-capita gross national income (GNI).

The information appearing on this page was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 183 economies. The most recent round of data collection for the project was completed in June 2011.

  • Standardized Company

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

About This Topic

To see indicator data for all economies, see the Starting a Business page. To see how economies rank, see the Rankings page.

No. Procedure Time to Complete Associated Costs
1 Search for a unique company name


1 day ALL 100
2 Notarize the incorporation documents

Fees to notarize the incorporation documents include:
- Articles of incorporation: ALL 2,700.
- Statute: ALL 2,700.
- Eventual special proxy to an attorney: ALL 3,300.
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.

Pursuant to the Decision of Council of Ministers no. 18, dated 12.01.2011 "On some amendments in the Decision of Council of Ministers no. 1058, dated 21.10.2009 "On determination of the minimal limit of registration on VAT" to the notary services is applied VAT at 20% rate. The decision covers almost great part of professions such as lawyers, notaries, etc.
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)

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 NRC since the electronic registry is now fully operational and has increased in capacity.

 1 day ALL 100
4 Registration with the Municipality Bureau of Internal Revenue

Local fees and tariffs include:
- Environmental tax : ALL 85,000
- Green tax: ALL 13,000.
- Billboard fee: ALL 120
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.
1 day ALL 98120
5 Make a company seal


1 day ALL (3,000 - 5,000)
Explore Economy Data