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Albanian – short facts
Albania - KEY CORPORATE FEATURES | |
---|---|
General | |
Type of Company | Private Limited) |
Type of Law | Common |
Shelf company availability | Yes |
Our time to establish a new company | 1 day |
Migration of Domicile Permitted | No |
Corporate Taxation | 10 % on profits |
Double Taxation Treaty Access | Yes |
Language of Name | Latin Alphabet/ |
Corporate requirements | |
Minimum Number of Shareholders / Members | one |
Minimum Number of Directors / Managers | Two |
Corporate Directors / Managers Permitted | no |
Company Secretary Required | yes |
Usual Authorised Capital | ALL 100.000 EUR 716 |
Minimum paid up | ALL 1.000 EUR 7,16 |
Local requirements | |
Registered Office/Agent | yes |
Company secretary | no |
Local directors | no |
Local meetings | no |
Government register of directors/Managers | yes |
Government Register of Shareholders / Members | yes |
Accounts | |
Requirements to prepare | Yes |
Audit requirements | Yes, but small company exemption |
Requirements to file accounts | Yes |
Publicly accessible accounts | Yes |
Annual requirements | |
Annual return | yes |
If you have questions about different type of entities in Albania, do not hesitate to contact us.