Register a business

Home Doing business in Albania Register a business

The rules for the registration of a commercial company apply to both Albanian and foreign nationals. Legal persons gain legal personality with the registration in the commercial register. While, the registration in the commercial register for physical persons, branches and representative offices of foreign companies, civil partnerships and other subjects not having legal personality, according to legislation in force, has only declaratory effect. The process of Albania company formation is quick and efficient. The company can be registered with the National Registration Center in 1-2 working days under normal circumstances.

National Registration Center (NRC) established in 2007, is the only authority in Albania responsible for the incorporation of companies who acquire legal personality and for maintaining the Commercial Register. The commercial register (which is kept in an electronic form) is defined in the Albanian Law of Commerces a unique database of the subjects that pursue commercial activities.

National Registration Center tasks include:

  • Registrations in the commercial registry
  • Registration of entrepreneurs and companies for tax, social and health security registration, and for the inspection of employment relations
  • Issuing of certificates, registration extracts and certified copies of deposited acts
  • Publishing the register’s data and ensuring free public access thereto
  • Accepting applications for licenses, permits and administrative authorizations, and submitting them to the relevant authorities
  • Informing and advising on registration and licensing procedures.

The requirements to register a standardized company in Albania are listed in the image below:
registration-procedures
Learn more about Business licencing

Steps to register a business

Opening and registering a business in Albania is very easy and at low costs. In order to open a new business in Albania, you need to follow the below steps:

1. Obtain a unique company name

You can search online for a unique company name. After making a request for a company name, the agency will issue a name reservation certificate within 1 day after you have filled the application (given by the agency). A name reservation is valid for a period of 30 days which cannot be extended.

Time: Less than one day (online procedure)
Cost: ALL 100

2. Request and obtain the Registration Certification and Unique Business Identification Number

The NBC Law has established the National Business Center as a new central public institution, which functions as a one-stop shop where an individual can complete company registration, tax registration, social insurance, health insurance and labor directorate registration using a single application procedure. It takes 1 day to register and the registration may be done in person, or online via e-Albania portal, which was launched in January 2015. The online company registration requires an authentication process and electronic signature. At present, the majority of companies still register in person.

Time: Less than one day (online procedure)
Cost: ALL 100

3. Employee registration with the Employment Regional Directory

After registering at the National Business Center, the new company should declare the number of its employees and register them at the Employment Regional Directory. To do this, you need to download the relative registration form at the State Labour Inspectorate website and submit it the State Labour Inspectorate office. You should also have the following documents:

The registration Certificate from the NBC and the declaration of the employed persons
Submit the payroll every 3 months by keeping a signed and sealed copy

Time: 1 day
Costs: No charge

4. Registration with the Municipality Bureau of Internal Revenue

Within 24 hours of the registration of the company, the National Business Center notifies the Municipality Bureau of Internal Revenue and Tax Authorities.

In order to do the registration at the Municipality Bureau of Internal Revenue, you need to submit the following documents:

1) The Application form;
2) The Registration Certificate from the National Registration Centre;
3) The Statute and the By-Laws of the Company
4) Rent agreement or proprietorship certificate of the Headquarters of the Company.

Costs: Under the resolution of the Municipal Council of Tirana no. 9, dated 12.10.2011, as amended, the value of the billboard tax for company identification purpose (size of up to 4m2) is ALL 120 p.a. Based on the same resolution, the current value of the cleaning fee for activities of production of goods is (depending on the type of goods produced) between ALL 37,500 and ALL 45,000 p.a.

Time: 1 day
Costs: ALL 45,120.

5. Purchase pre-printed invoices from Tax Authority

According to the Fiscal Procedure Law, a newly established company must purchase pre-printed invoices from tax authorities. The company may not use invoices other than the pre-printed ones. Following company registration, the company founders or representatives request to purchasing a batch of pre-printed invoices, with company number on them, at the price of 360 ALL for each batch (50 copies).

Time: 1 day
Costs: 360 ALL for a batch of 50 invoices

6. Make a company seal

You can make a unique company seal at private seal makers. Based on Order of the Prime Minister no. 43 dated 05.04.2012, central government bodies dealing with company initial registrant should immediately interrupt any request for sealing of registries documents with the seal of the company.

In practice, procedures and filings with tax authorities are done online (https://www.tatime.gov.al) and no stamp is required.

The company seal may be randomly requested based on the interpretation of the inspector. The same is true for Municipality Registration. Therefore the practical requirement for a company seal is considered as abolished. However, there are still random requests for stamping registration and notification forms based on the interpretation of specific agency officers. Thus, the most companies still prefer to make a company seal.

Guidance for Foreign Businesses