This table summarizes the procedures and costs associated with setting up a business in Albania.
| Nature of Procedure (2006) |
Proc # |
Duration
|
US$ Cost |
| Search for a unique company name |
1 |
1 |
0.00 |
| Deposit the initial capital in a bank and obtain a bank statement |
2 |
1 |
0.00 |
| Notarize the incorporation documents |
3 |
1 |
99.47 |
| File the documents with the Office for the Registration of Companies in the District Court of Tirana and obtain a registration number |
4 |
20 |
14.21 |
| Register the company with Labor Inspectorate Office |
5 |
1 |
0.00 |
| Register for the membership with the Chamber of Commerce and Industry |
6 |
1 |
189.47 |
| Pay the local fees and tariffs and obtain a final statement on the payment of local fees and tariffs to the office of Alba Post SHA |
7 |
1 |
236.84 |
| Register with the tax office and obtain a company tax number |
8 |
7 |
0.00 |
| Register in VAT sector and obtain the VAT number and Fiscal Certificate |
9 |
8 |
0.00 |
| Register with the Public Institute of Social Security for social security and health insurance |
10 |
1 |
0.00 |
| Make a company seal |
11 |
3 |
37.89 |
| Totals: |
11 |
39 |
$577.89 |
|
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