Company registration in Albania

Name of service Bronze Silver Gold
Check and reserve the company name Obtaining approval from the registrar for the company name
Company registration, including state fees Preparation of a full package of documents, depending on the chosen form of ownership, cooperation with the relevant authorities prior to obtaining information on company registration
Legal address for 1 year Providing a legal address for your company in a given jurisdiction, eliminating the need to purchase or rent real estate
Nominee director for 1 year Required in the structure of the company to open an account at a local bank
Support in opening an account Collection, preparation and submission of the necessary documents for opening a corporate account of the company
Total cost
2690 EUR 3680 EUR 11080 EUR
Accounting services
150 EUR 150 EUR 150 EUR
Annual renewal (paid from the second year)
990 EUR 990 EUR 7390 EUR

Deal of the month

If you will register a company until April 30,
opening a bank account is for FREE

6 easy steps to get started
  • 1

    Select your
    preferred jurisdiction

  • 2

    Choose a bank
    that meets your
    company's needs

  • 3

    Pay for our services
    using a convenient
    payment method

  • 4

    Receive all necessary
    corporate documents

  • 5

    Receive details
    for your newly opened
    bank account

  • 6

    We'll deliver the original
    documents directly
    to you

Albania is a permanently transforming jurisdiction. Among others, it makes small steps in terms of upgrading its business environment on an ongoing basis. In particular, this can be illustrated by the simplification of business registration procedures and diversified incentives in many industries, including for foreign investors. As a consequence of these efforts, Albania has already become a hub for many startups, many of which are located in the capital city of the country – Tirana.

Apart from favorable business conditions, Albania is also good for its strategic geographical position, the wealth of natural resources, skilled and not costly labor force. Sectors like energy, agriculture, transportation, telecommunications are among the leading industries for investment. Foreign entrepreneurs consider these areas in the first turn to establish a company in Albania.

Advantages of Albanian law for a new Company Incorporation

Investors will benefit from a number of advantages if choosing Albania as a place to operate their businesses:

  • Overall fast and easy process of company formation;
  • Albania is a party of double taxation treaties with about 40 trading nations;
  • Low-cost labor as compared to other European countries;
  • Low rate of corporate income tax;
  • Strategic geographical location;
  • No foreign exchange controls.

Types of Companies

These are major legal forms to choose from in Albania:

  • Limited Liability Company is a legal form set up by either natural or legal entities that are liable only to the extent of their contributions into the initial investment in the business.
  • Joint Stock Company is formed for large corporations intending to trade shares at the stock market. The investments can be made in cash or property, not in services. The JSC shares may be ordinary or privileged.
  • Branch – an extension to the parent company – is typically being established for marketing, promotional, or research purposes. No capital requirement.

Other legal forms to choose from when setting up a company in Albania: general partnership with all partners jointly liable for business obligations and splitting profits; limited partnership organized by two partners, one having full liability and another having limited liability to the extent of his/her investment.

General Requirements for Forming a Company in Albania. Business and Finance Regulations

The Commercial Registry of Albania is the main government agency in charge of the incorporation and formation of companies. The list below highlights the general requirements for setting up a company in Albania:

  • Select a unique company’s name and get approval of the business activities from the Commercial Registry of Albania.
  • Prepare and submit the Articles of Incorporation and the Memorandum of Association for registration with the Office for the Registration of Companies.
  • Open a corporate account in the Albanian bank to deposit the required initial capital.
  • Register your business for tax purposes with the Municipality Bureau of Internal Revenue.
  • Get your staff registered with health insurance companies and social security authority.
  • Receive the certificate of incorporation and a unique company seal.

It is important to notice that a subsidiary company will be liable for all debts and obligations independently. Its mother company will not be in charge of potential losses under any circumstances but can retain control over a newly-formed entity in full.

Company incorporation in Albania is generally a streamlined multi-step process that includes a few very demanding steps, but with the assistance of Prifinance team of experts specializing in offshore company formation, it can be accomplished quickly and easy.

Documents For Company Formation in Albania

To start a process of company formation in Albania, entrepreneurs must supply the following set of documents:

  • Statutory documents: Memorandum of Association, Articles of Incorporation, Decision of the Board of Directors or Power of Attorney.
  • Bank receipt to confirm that bank account has been opened in the Albanian bank and the required initial investment has been deposited.
  • Lease contract to show the legal address of a new company in Albania.

The above documents are generic and a set of documents varies case by case.

Taxation in Albania

Both federal and local governments levy taxes in Albania. The federal government applies income tax on a progressive basis. Government tax compliance rules refer to advance tax payments made quarterly with filing of annual tax return by the end of March the following year.

Corporate income tax is applied at a flat rate of 15%. Value-Added Tax is levied at 20% as a standard rate, with 10% and 6% as reduced rates; some medical services and supply of certain medical products are tax exempt.

Foreign investors setting up businesses in the Albanian free zones benefit from tax exemption for the first five years.

Company Formation in Albania with the Support of Prifinance

If you are interested in incorporating, forming and organizing a business in Albania, please contact Prifinance team and we will take your business efforts to the next level by strictly adhering to the current laws and regulations in Albania.


Our clients

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10:31 20 Mar 24
Collaborated with the company for 3 years. I can’t say that everything was smooth from the point of view of organizing the work; there was confusion in the structure of the work, etc. But I’ll specifically highlight employee Lyubov Malinowski, she very diligently corrected all errors and was in touch at the right time, her help was significant in all processes and she approached all issues precisely. I would like to separately highlight the moment when she solved the problem at her own expense, which speaks of the person’s professionalism and increased responsibility.
11:40 01 Mar 24
As a software development crew at FewMoreTaps OÜ, we've had the pleasure of working with Prifinance on some key financial moves.First of all, navigating the world of corporate banking and finance can be a maze, but Prifinance made it feel like a walk in the park. They helped us set up a corporate bank account without the hassle of jumping on a plane or drowning in paperwork. Everything was done remotely, smoothly and securely.But that's not all. We had a slightly time-sensitive situation when it came to changing the beneficiary details on our account. Prifinance stepped up to the plate and handled everything quickly and professionally.It's not just about getting the job done. It's about how Prifinance does it. They're all about making complex financial matters simple and accessible for companies like ours. Plus, their team, especially Liubov Malinowski, has been nothing short of fantastic to work with - professional, timely and always on the ball.In short, FewMoreTaps OÜ wholeheartedly endorses Prifinance OÜ. Whether it's opening bank accounts remotely or navigating the financial legalities of running an international business, these guys have got your back. A big thank you to the entire Prifinance team for their first class support and expertise.Here's to more collaborations in the future!Best,Kiryl Nest
Mina KedisMina Kedis
18:10 23 Feb 24
I had their assistance in company registration and I would recommend them. They were answering all my clarification during the process and offering all their supportThank you Daniel and Irinia
Róbert KnapecRóbert Knapec
15:08 22 Feb 24
We found PRIFINANCE COMPANYvia the Internet and asked for help in organizing the opening of their company in Estonia. PRIFINANCE COMPANY specialists helped us a lot with this. Their professional, competent approach and knowledge of their business left us with only the best impressions.
Anna AnnaAnna Anna
13:33 07 Feb 24
I'm thrilled with my experience with PriFinance! They helped me obtain a crypto license in Estonia without any hassle. The team was super understanding and always available to answer my questions and assist. It was great to see how they put effort into preparing the documents to ensure everything went smoothly. I'm delighted with the outcome and highly recommend PriFinance to anyone looking to get a license stress-free!
Opening an account with Prifinance in a Swiss bank was such an easy and quick process that I was shocked. It all started with the first call, where I received detailed guidance on the required documents and the entire procedure.One of the key highlights was their attention to detail. As someone who usually gets tangled up in paperwork, I was pleasantly surprised when they sent me all the documents and instructions clearly and neatly. No misunderstandings!Honestly, I expected opening a Swiss bank account to be complex and time-consuming, but thanks to Prifinance, I felt like a professional financial expert. Thank you for making this process so easy and enjoyable!
Maria Jose SantomeMaria Jose Santome
20:39 13 Dec 23
I recently had the pleasure of working with Boris.. and I must say, it was a fantastic experience. Boris went above and beyond to assist me with my residency needs. His professionalism, knowledge, and dedication truly stood out. I highly recommend working with Boris and the team!
Valon StatovciValon Statovci
12:43 27 Nov 23
I used Prifinance to help me with a new corporate structure. The team were helpful and communicated well from the initial onboarding with Daniel to case handling by Karmen. They also responded to additional requests post incorporation very quickly, Thank you and would work with them again