Legalization in Albania

Albania is a country with a growing economy, a favorable tax climate and a great location at the crossroads of Europe and Asia. It is becoming an increasingly attractive destination for foreign investors, offering ample business and residency opportunities.

Business Opportunities

Albania offers many advantages to foreign entrepreneurs:

• Simple procedure for opening a company;
• Accessible market with a rapidly growing economy;
• Favorable conditions for doing business;
• Strategic position for entering European and Mediterranean markets.

Forms of legal entities

In Albania there are different forms of legal entities that allow you to obtain a residence permit:

• LLC ( Shokëri me Pergjegjësi të Kufizuar - SH.PK) : The most popular form for business, with minimal requirements for authorized capital. Suitable for small and medium businesses.
• JSC ( Shokëri Aksionare - SA) : Suitable for larger enterprises and international corporations.
• Representative Office : For foreign companies that want to have an office in Albania, but without opening a full company.

Taxes

Albania offers competitive tax rates that make it particularly attractive for business:

• Income tax – from 15 to 23 %;
• VAT - 20% (a reduced rate of 6% applies to the hotel and tourism sector);
• Dividend tax is 8%.

There are also a number of benefits and incentives for specific sectors of the economy, including agriculture, tourism and energy.

Benefits of Living in Albania

• Favorable Mediterranean climate with mild winters and hot summers;
• Unique natural landscapes, from beaches to mountain ranges;
• Low cost of living;
• Rapidly developing infrastructure and modern cities.

Obtaining a residence permit through business

Opening a company in Albania can be the first step to obtaining a residence permit. The process is quite transparent and accessible, making Albania an excellent choice for relocating your business. Opening a company and meeting the established requirements will allow you and your family to obtain a temporary residence permit with the prospect of permanent residence.

Urban Consult is your reliable partner

We provide a full range of services for starting a business and obtaining a residence permit in Albania. Our specialists will help you choose the optimal form of legal entity, prepare all the necessary documents and support you at all stages. We also monitor changes in legislation so that you always receive the most up-to-date information.

Contact us today to learn how to start a business and obtain a residence permit in Albania!