Macedonia hotels

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.