How to open a company in Albania

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Types of Companies in Albania

• Open a Limited Liability Company (LLC) in Albania

• Closely-held Joint Stock Company (JSC) in Albania

• Public Joint Stock Company in Albania

• Limited Partnership (LP) in Albania

• General Partnership (GP) in Albania

Limited Liability Company (LLC) in Albania

• It can be formed by one or more shareholders

• It requires a minimum share capital of 100 Lek

• The liability of the shareholders is limited only to the amount of their contribution to the initial capital.

Closely-held Joint Stock Company (JSC) in Albania

• The capital of a JSC is divided into stocks with a nominal value, established by the partners

• The liability of the shareholders is limited only to the amount of their contribution to the initial capital

• The company needs to have a minimum required capital 2.000.000 Lek

Public Joint Stock Company in Albania

• The company can be established by one or more members

• The share capital is divided into stocks

• The minimum required capital of a public JSC is 10.000.000 Lek

Limited Partnership (LP) in Albania

• The company does not require a minimum share capital

• This type of company needs at least one general partner with full liability for the company’s obligations while the other partner has limited liability

General Partnership (GP) in Albania

• This type of company needs at least two members

• The company do not need a minimum share capital

• The partners play an important role in the

management of the company

Steps for company formation in Albania

• Providing a unique company name

• Providing articles of association

• Providing company charters

• Providing a set of identification documents

• Setting-up a bank account for share capital

• Providing utility bills as proof of address

Requirements for Company  Formation in Albania

• Any person of any nationality or residence can be shareholder in Albanian company

• The Board of Directors should be comprised of at least two members (it depends on the company type)

• The company must hold a local registered office

Services Provided for Company Registration in Albania

• Drafting the Articles of Association

• Offering a Registered Office in Albania

• Setting up a share capital bank account

• Recommending an accountant in Albania

• Arranging Public Notary procedures

Thank you for your attention

Please contact us for more information at

office@bridgewest.eu

www.companyformationalbania.com

Ph./Fax: (+44)203-287 0408