Doing Business with Albania

A comprehensive guide to doing business, exporting, investing, and manufacturing in Albania.

Foreign Direct Investment with the International Trade Council / Company Incorporation / Company Formation

Albanian Investment Development Agency

Tel: +355 42 251 001
Email: info@aida.gov.al
Web: www.aida.gov.al

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General Directorate of Customs

Albania General Directorate of Customs - International Trade Council

 

Tel: +355 42 253 820
Email: helpdesk.dpd@dogana.gov.al
Web: www.dogana.gov.al

National Chamber of Commerce

Albanian Chamber of Commerce and Industry

Albanian Chamber of Commerce and Industry - International Trade Council

Tel: +355 45 800 932
Email: cci.tirana@cci.al
Web: www.cci.al

Ministry of Economy Information from the International Trade Council - a Peak-body - international chamber of commerce

Ministry of Finance and Economy, Albania

  • Type of Government: Parliamentary Republic.
  • Population: Approximately 2.8 million.
  • GDP: About $18 billion USD.
  • Corporate Tax Rate: 15%.
  • Personal Income Tax Rate: Progressive, up to 23%.
  • Major Exports: Textiles, footwear, asphalt, metals, and mineral products.
  • Major Imports: Machinery, foodstuffs, textiles, chemicals, and vehicles.
  1. Market Research

    • Research the Albanian market to understand demand, competition, and pricing.
    • Identify potential partners or distributors in Albania.
  2. Verify Product Compliance

    • Ensure your products meet Albanian standards and regulations.
    • Check if any certifications or additional documentation are required.
  3. Register Your Business

    • Ensure your business is registered for international trade.
    • Obtain an EORI (Economic Operator Registration and Identification) number if needed.
  4. Prepare Export Documentation

    • Common documents include:
      • Commercial Invoice
      • Packing List
      • Bill of Lading or Airway Bill
      • Certificate of Origin
      • Export License (if applicable)
  5. Understand Tariffs and Taxes

    • Visit the Albanian Customs Administration website to check tariffs and taxes: dogana.gov.al.
  6. Arrange Transportation and Logistics

    • Choose a reliable freight forwarder or logistics provider.
    • Decide on the mode of transport (air, sea, road).
  7. Customs Clearance

    • Work with a customs broker to handle customs clearance.
    • Ensure all documentation is complete and accurate.
  8. Payment and Insurance

    • Decide on the payment method (e.g., Letter of Credit).
    • Get insurance to cover goods during transit.
  9. After-Sales Service and Support

    • Establish a plan for after-sales service.
    • Provide customer support in the local language if possible.

 

Key Contacts and Resources

  • Albanian Customs Administration
    • Website: dogana.gov.al
    • Provides information on tariffs, taxes, and customs procedures.
  • Albanian Ministry of Finance and Economy
    • Website: financa.gov.al
    • Offers economic and trade policy information.
  • Chamber of Commerce and Industry of Tirana
    • Website: ccit.al
    • Can assist with business networking and local market insights.
  • Albanian Investment Development Agency (AIDA)
    • Website: aida.gov.al
    • Supports foreign investments and business development.

Importing goods into Albania involves several key steps and understanding specific regulations. Here’s how you can proceed:

  1. Conduct Market Research

    • Identify demand for your products in Albania.
    • Analyze competitors and pricing strategies.
  2. Register Your Business

    • Make sure your business is registered for international trade.
    • Obtain an EORI (Economic Operator Registration and Identification) number if necessary.
  3. Verify Import Requirements

    • Check if your products comply with Albanian standards and regulations.
    • Determine if any special licenses or permits are needed.
  4. Find a Reliable Supplier

    • Source trustworthy suppliers and negotiate terms.
    • Ensure suppliers can provide necessary documentation.
  5. Prepare Import Documentation

    • Essential documents include:
      • Commercial Invoice
      • Packing List
      • Bill of Lading or Airway Bill
      • Certificate of Origin
      • Import License (if applicable)
  6. Understand Tariffs and Duties

    • Visit the Albanian Customs Administration website for information on tariffs: dogana.gov.al.
  7. Arrange Logistics and Transportation

    • Choose a reliable freight forwarder or logistics provider.
    • Decide on the mode of transport (air, sea, road).
  8. Customs Clearance

    • Work with a customs broker to facilitate customs clearance.
    • Ensure all documentation is accurate and complete.
  9. Payment and Insurance

    • Agree on payment terms with your supplier (e.g., Letter of Credit).
    • Obtain insurance to cover goods during transit.
  10. Distribution and After-Sales

    • Plan for distribution within Albania.
    • Provide customer support if necessary.

Starting a company in Albania requires understanding local regulations and procedures. Here’s how to incorporate your business:

  1. Choose a Business Structure

    • Decide on the type of company (e.g., LLC, JSC).
    • Consider legal and tax implications.
  2. Register the Business Name

    • Check name availability via the National Business Center (NBC).
    • Reserve your business name.
  3. Prepare Documentation

    • Gather necessary documents, such as:
      • Articles of Association
      • Identification documents of founders
      • Proof of registered office address
  4. Open a Bank Account

    • Open a bank account in Albania for initial capital.
    • Deposit the required minimum capital:
      • LLC: No minimum capital required
      • JSC: Minimum capital of 3,500,000 ALL
  5. Submit Application to NBC

    • Submit the incorporation documents to the NBC.
    • Pay the registration fee (around 100 ALL).
  6. Obtain Tax Identification Number
    • Register for a Tax Identification Number (TIN) with the tax authorities.
  7. Register for VAT (if applicable)

    • If your business exceeds the VAT threshold, register for VAT.
  8. Register Employees for Social Security

    • Register any employees with the Social Insurance Institute.
  9. Obtain Necessary Licenses and Permits

    • Depending on your business activity, apply for specific licenses or permits.

Key Contacts and Resources

  • National Business Center (NBC)
    • Website: qkb.gov.al
    • Handles business registration and information.
  • General Directorate of Taxation
    • Website: tatime.gov.al
    • Provides tax registration and compliance information.
  • Social Insurance Institute
    • Website: issh.gov.al
    • Manages social security and employee registration.

Setting up a manufacturing plant in Albania involves several key steps and understanding local regulations. Here’s a comprehensive guide:

 

  1. Conduct Feasibility Study

    • Assess the market, costs, and logistics.
    • Analyze potential locations and resources.
  2. Choose a Business Structure

    • Decide on the type of company (e.g., LLC, JSC).
  3. Register Your Business

    • Register with the National Business Center (NBC).
    • Website: qkb.gov.al
  4. Acquire Land and Permits

    • Identify and purchase or lease suitable land.
    • Obtain necessary construction and environmental permits.
  5. Design and Plan the Facility

    • Hire architects and engineers for designing the plant.
    • Plan layout for production efficiency.
  6. Secure Financing

    • Explore financing options, such as bank loans or investors.
  7. Build the Facility

    • Contract construction companies.
    • Oversee the construction process to ensure compliance with standards.
  8. Purchase and Install Equipment

    • Source machinery and equipment.
    • Install and test all equipment before operations begin.
  9. Hire and Train Staff

    • Recruit skilled workers and management personnel.
    • Provide necessary training for operations and safety.
  10. Comply with Health and Safety Regulations

    • Ensure the plant meets all health and safety standards.
    • Conduct regular safety audits.
  11. Register for Taxes and VAT

    • Obtain a Tax Identification Number (TIN).
    • Register for VAT if applicable.
    • Website: tatime.gov.al
  12. Begin Operations

    • Start production and monitor processes.
    • Implement quality control measures.

 

Key Contacts and Resources

  • National Business Center (NBC)
    • Website: qkb.gov.al
    • For business registration and information.
  • General Directorate of Taxation
  • Albanian Investment Development Agency (AIDA)
    • Website: aida.gov.al
    • Supports business development and investment opportunities.
  • Ministry of Finance and Economy

Registering a trademark in Albania involves several steps. Here’s how you can do it:

  1. Conduct a Trademark Search

    • Check the availability of your trademark.
    • Use the Albanian Patents and Trademark Office database.
  2. Prepare Your Application

    • Gather necessary information:
      • Trademark representation
      • List of goods/services
      • Applicant details
  3. Submit the Application

    • File your application with the General Directorate of Industrial Property (GDIP).
    • Submit online or in person.
  4. Pay the Application Fee

    • The cost is approximately 7,000 ALL for one class.
    • Additional fees apply for extra classes.
  5. Examination Process

    • GDIP examines the application for compliance and conflicts.
    • Respond to any objections or requests for additional information.
  6. Publication and Opposition

    • If approved, the trademark is published in the Official Bulletin.
    • Third parties have three months to file oppositions.
  7. Registration and Certification

    • If no opposition is filed, the trademark is registered.
    • Receive the registration certificate.
  8. Maintain and Renew Your Trademark

    • Trademarks are valid for 10 years.
    • Renew every 10 years, with renewal fees applicable.

 

Key Contacts and Resources

  • General Directorate of Industrial Property (GDIP)
    • Website: dppm.gov.al
    • Handles trademark registration and intellectual property matters.
  • Ministry of Finance and Economy
    • Website: financa.gov.al
    • Provides economic policy and regulatory information.

Resolving commercial disputes in Albania requires understanding the legal framework and available options. Here’s a comprehensive guide:

  1. Negotiation

    • Attempt to resolve the dispute through direct negotiation.
    • This is often the quickest and least expensive method.
  2. Mediation

    • Engage a neutral third-party mediator to facilitate a resolution.
    • Mediation can be less formal and more cost-effective than court proceedings.
  3. Arbitration

    • Consider arbitration if agreed upon in the contract.
    • Faster than court proceedings and can be confidential.
    • Costs vary based on the arbitrator and complexity.
  4. Court Proceedings

    • If other methods fail, file a lawsuit in the Albanian courts.
    • The District Court handles commercial disputes.
    • Legal fees depend on the complexity and duration of the case.
  5. Enforcement of Judgments

    • Ensure the court’s decision is enforced.
    • May involve additional legal processes and costs.

 

Key Contacts and Resources

  • Albanian Ministry of Justice
    • Website: drejtesia.gov.al
    • Provides information on legal procedures and court systems.
  • Albanian Chamber of Commerce and Industry
    • Website: uccial.al
    • Offers resources and support for businesses in dispute resolution.
  • Mediation and Arbitration Centers
    • Various centers available for dispute resolution services.

When considering doing business in Albania, it’s important to understand various factors that can impact your operations.

Social and Cultural Factors

  • Language: The official language is Albanian. English and Italian are also widely spoken in business contexts.
  • Business Etiquette: Building personal relationships is crucial. Meetings usually begin with small talk.
  • Workforce: Young and dynamic, with a growing skill set in technology and services.

Political Environment

  • Stability: Albania is a parliamentary republic with a stable political environment.
  • EU Integration: Ongoing efforts to join the European Union influence regulatory changes.

Economic Factors

  • Currency: The official currency is the Albanian Lek (ALL).
  • Foreign Exchange: Currency exchange is relatively stable, but fluctuations can occur.
  • Investment Incentives: Tax incentives are available for foreign investors in certain sectors.

Legal and Regulatory Environment

  • Rule of Law: Albania has been strengthening its legal framework to support business operations.
  • Intellectual Property: Protections are in place, but enforcement can be inconsistent.
  • Regulations: Compliance with local laws and international standards is required.

Infrastructure

  • Transport: Developing infrastructure with improvements in road and port facilities.
  • Energy: Investments in renewable energy are increasing.

 

Key Resources

Our Members Include Leading Organizations in Albania

Ask our Experts on Doing Business in/with Albania

If you’re looking to do business or invest in Albania, we can provide expert guidance, market insights, and valuable connections to help you navigate the local landscape. Contact us today to discover how we can assist in making your venture a success.