How can I do business in Albania?

Can foreigners start a business in Albania?

There is no requirement for any general permit to invest in Albania or to establish a business or business vehicle. Any foreign entity or individual is free to start a business or establish a business vehicle either as a sole investor or as part of a joint venture.

What is the best business in Albania?

List of the top 100 profitable businesses in Albania in 2017

  • National Trade Bank (Banka Kombetare Tregtare) – Banking.
  • Raiffeisen Bank – Banking.
  • OSHEE – The Electric Power Distribution Operator.
  • Spiecapag – Shqiperia – Trans Adriatic Pipeline (TAP) construction.

How to open company in Albania?

Steps to register a business

  1. Obtain a unique company name. …
  2. Request and obtain the Registration Certification and Unique Business Identification Number. …
  3. Employee registration with the Employment Regional Directory. …
  4. Registration with the Municipality Bureau of Internal Revenue obtain list of.

What can do a foreign investor for establishing a business in Albania?

Foreign investors can do business in Albania by setting up either a new company fully owned by a parent company or a subsidiary/branch fully owned by the parent company or a representative office, or by acquiring shares in an existing company. Investors may also form a partnership to do business in Albania.

How can I migrate to Albania?

U.S. citizens do not need visas to enter the Republic of Albania; U.S. citizens can stay up to one year in this country without a residence permit; You must have a passport valid for at least three months (we recommend to have your passport at least six months valid from your planned departure from this country.

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How do I become a permanent resident of Albania?

A permanent residence is issued for applicants that have resided in Albania for more than five consecutive years and have strong ties and activity in Albania.

Is Albania good for business?

Actually, doing business in Albania is very easy, and it can even have very few employees because they made it easy for direct and foreign investment. The country has a high score in terms of environmental performance, living standard, and happiness indexes.