Albania

Ease of Doing Business in

Shkodra, Albania - South East Europe

This page summarizes Doing Business data for Shkodra, Albania. The first table shows its rank among 22 cities/regions in South East Europe. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region
Income Category
Population
GNI Per Capita (US$)
Ease of Doing Business Rank among 22 cities in South East Europe Top city in South East Europe
n.a. n.a.
Topic Rankings Rank among 22 cities in South East Europe Top city in South East Europe
Starting a Business 8 Skopje, Macedonia, FYR
Dealing with Construction Permits 3 Niksic, Montenegro
Registering Property 9 Chisinau, Moldova
Enforcing Contracts 11 Zrenjanin, Serbia

Subnational Data


Starting a Business

Info

The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.

Indicator Shkodra, Albania Eastern Europe & Central Asia OECD

The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).

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Procedures (number)
5 6 5

The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.

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Time (days)
5 14 12

Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.

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Cost (% of income per capita)
22.9 6.8 4.5

The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.

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Paid-in Min. Capital (% of income per capita)
0.0 5.0 13.3
No. Procedure Time to Complete Associated Costs
1 Search and reserve a unique company name 1 day ALL 100
2 Notarize the incorporation documents 1 day ALL 8,700 (ALL 2,700 for articles of incorporation + ALL 2,700 for statute + ALL 3,300 for special proxy to an attorney)
3 Request and obtain Business Registration Certificate and a Unique Business Identification Number from NRC 1 day ALL 100
4 Obtain Business Registration Certificate from the Municipal Tax Office 1 day ALL 68,120
5 Make a company seal 1 day ALL 4,000 (ALL 3,000 to ALL 5,000)

Subnational Data


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