Best Corporate & Commercial Lawyers in Albania

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Andoni Law & Tax

Andoni Law & Tax

1 hour Free Consultation
Tirana, Albania

Founded in 2019
6 people in their team
English
Italian
Albanian
About Andoni Law + TaxWelcome and thank you for exploring Andoni Law + Tax. We invite you to connect with our firm, where your aspirations and challenges become our focus.At the heart of Andoni Law + Tax lies our profound industry expertise paired with top-tier legal acumen, positioning us to craft...
Hashtag Lawyers
Tirana, Albania

Founded in 2021
5 people in their team
Albanian
English
French
Driving your businessWe understand that starting and running a business can be complex, and that's why we're here to help. Our legal services include incorporation, contract drafting and review, intellectual property protection, and M&A. We are specialized in new technologies and startup...
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Founded in 2011
7 people in their team
Albanian
English
Italian
Turkish
French
Tivari & Hareçari law firm was created in 2011 by lawyers Att. Idlir Tivari and Att. Elda Hareçari. Our law firm aims at providing their clients with legal services and representation in national and international jurisdictions at all levels, fiscal and financial consultancy, through a...
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Studio Ligjore De Jure

Studio Ligjore De Jure

30 minutes Free Consultation
Tirana, Albania

Founded in 1999
5 people in their team
English
Italian
Albanian
Studio Ligjore De Jure  is a law firm founded in 1999. It is a full-service law firm with a strong focus on foreign-related legal matters. Our practical knowledge and rich experiences allow us to provide comprehensive legal services to our Albanian and foreign corporate clients.Studio Ligjore...
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SOKO & Co. Law Firm

SOKO & Co. Law Firm

30 minutes Free Consultation
Durrës, Albania

Founded in 2024
2 people in their team
Albanian
English
Italian
“SOKO & Co. Law Firm” is based in Durrës, Albania. With a strong background in civil, commercial, and corporate law, Our Firm advises both domestic and international clients in legal matters related to contracts, litigation, real estate, and company formation in Albania.Through...
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LLF Legal and Tax
Tirana, Albania

Founded in 2000
50 people in their team
Albanian
English
LLF About UsLLF is a boutique law firm serving individuals and businesses. Our expertise enables us to provide our clients with comprehensive legal services both domestically and in the region.We provide legal & tax consultancy, generally specialized in business law, company registration,...
ASL Tax & Legal Advisors
Tirana, Albania

Founded in 1997
50 people in their team
Albanian
English
Legal ServicesCorporate and Commercial LitigationAntitrust & Competition LawDispute ResolutionRegulatory ComplianceContracts and third-party riskDeals and FinanceWorkforce and PeopleReal Estate LawCivil and Administrative LawInternational TaxTax Strategy and OptimizationCross Border...

Founded in 1992
50 people in their team
Albanian
English
Our firm is particularly noted for its expertise in litigation, corporate compliance, family law and in advising individuals and companies on business and tax crime issues. Few firms can match the length and depth of our experience in these areas.The Law Firm FATMIR BRAKA, PARTNERS & ASSOCIATES...
CC Law
Tirana, Albania

Founded in 2006
10 people in their team
Albanian
English
CC LAW is an Albanian legal firm that offers legal services aimed at best serving the interests of our clients concerning efficiency, timeliness, quality, and price. Our expertise spans various Albanian legal practice areas, including Corporate & Commercial, Civil Law, Administrative Law, and...
Aga & Goxhaj Law Firm
Tirana, Albania

Founded in 2014
50 people in their team
Albanian
English
Around usAga & Goxhaj Law Firm is one of the most popular law firms in Albania. It was founded in 2014 by Av. Altin Goxhaj and Av. Erald Aga.Aga & Goxhaj is maximally engaged in protecting the rights of individuals with professionalism and dedication at every moment.The insistence on...
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About Corporate & Commercial Law in Albania

Corporate and commercial law in Albania covers a broad range of legal matters relating to businesses and their operations. This field includes the formation and management of companies, corporate governance, mergers and acquisitions, commercial contracts, insolvency, as well as dispute resolution related to business activities. Albanian laws have evolved in recent years to align more closely with European Union standards, making the legal landscape increasingly favorable and predictable for both local and foreign investors.

Why You May Need a Lawyer

There are several common scenarios where individuals or businesses might require legal assistance in the field of corporate and commercial law in Albania. These include:

  • Starting a new business and selecting the most suitable legal structure
  • Drafting and reviewing contracts with partners, clients, or suppliers
  • Dealing with mergers, acquisitions, or the sale of a business
  • Ensuring compliance with Albanian corporate regulations and tax requirements
  • Resolving commercial disputes or litigation
  • Handling employment matters related to business operations
  • Liquidation, restructuring, or insolvency proceedings
  • Protecting intellectual property rights
  • Navigating regulatory requirements for foreign investors

In these and other situations, a qualified lawyer can provide guidance, help avoid legal pitfalls, and ensure your interests are protected from the outset.

Local Laws Overview

Key aspects of Albanian corporate and commercial law include:

  • Business Structures: The main forms of business entities in Albania are Sole Proprietorships, Limited Liability Companies (Sh.p.k), Joint Stock Companies (Sh.a), General and Limited Partnerships. Choosing the right structure affects taxation, liability, and regulatory obligations.
  • Company Formation: Registration is handled by the National Business Center (QKB), which simplifies company establishment and filing requirements.
  • Corporate Governance: Companies must adhere to governance rules that outline board composition, decision-making processes, and the rights and duties of shareholders.
  • Contract Law: Contracts are governed by the Albanian Civil Code. Written agreements are recommended, and certain contracts must be in written or notarized form.
  • Foreign Investment: Generally, Albania does not restrict foreign ownership, but some sectors are regulated. Incentives and protections are available to encourage investment.
  • Mergers and Acquisitions: M&A transactions are common and may require regulatory approval, especially for larger transactions or those affecting competition.
  • Insolvency and Bankruptcy: The Law on Bankruptcy regulates liquidation and restructuring, providing mechanisms to protect creditors and reorganize distressed businesses.
  • Employment Law: Employment relationships are regulated by the Labor Code, dealing with contracts, termination, health and safety, and employee rights.
  • Taxation: Corporate taxation is regulated by the Law on Income Tax and Value Added Tax regulations, with a need for ongoing compliance.

Frequently Asked Questions

What is the most common type of business entity in Albania?

The Limited Liability Company (Shoqëri me Përgjegjësi të Kufizuar, or Sh.p.k) is the most popular business form due to its flexibility and the protection it offers to owners.

How long does it take to register a company in Albania?

Typically, it takes between 1 to 5 business days to register a company, depending on the completeness of the documentation and the structure of the company.

Is foreign ownership allowed in Albanian companies?

Yes, there are generally no restrictions on foreign ownership, though some regulated sectors may have specific requirements.

Does Albanian law require a minimum share capital for companies?

For a limited liability company (Sh.p.k), the minimum share capital is 100 Albanian Lek. For a joint stock company (Sh.a), it is 3,500,000 Albanian Lek for private companies and 10,000,000 Lek for public companies.

Are company records and financial statements required to be filed?

Yes, corporate entities must keep records and file annual financial statements with relevant authorities, which promotes transparency and compliance.

What are the main taxes relevant to businesses in Albania?

Key taxes include corporate income tax, value added tax (VAT), personal income tax for employees, and social security contributions.

Do commercial contracts need to be notarized in Albania?

Most contracts do not require notarization, but certain contracts, such as those relating to real estate, must be notarized to be valid.

Are arbitration and alternative dispute resolution available?

Yes, Albania recognizes arbitration and alternative dispute resolution mechanisms, which are often used to resolve commercial disputes outside of court.

How is intellectual property protected in Albania?

Albania has laws protecting trademarks, patents, copyrights, and related rights, in line with international treaties and agreements.

Can a business be established remotely, or do I need to be present in Albania?

A business can often be established remotely through representatives, but certain procedures, such as bank account opening, may require physical presence or a notarized power of attorney.

Additional Resources

If you are seeking further information or support regarding corporate and commercial law in Albania, consider contacting these entities:

  • National Business Center (Qendra Kombëtare e Biznesit - QKB): Handles company registration and business licenses.
  • Albanian Financial Supervisory Authority (Autoriteti i Mbikëqyrjes Financiare): Regulates financial markets and services.
  • Albanian Competition Authority: Oversees fair competition and business practices.
  • General Directorate of Taxes: For business tax registration and compliance information.
  • Chamber of Commerce and Industry Albania: Offers support services for businesses and networking opportunities.
  • Albanian Investment Development Agency (AIDA): Provides resources for foreign and domestic investors.

Next Steps

If you need legal assistance in the field of corporate and commercial law in Albania, begin by identifying the specific issue or goal you have, such as setting up a business, drafting contracts, or resolving a dispute. Gather all relevant documents and information regarding your case. Then, consult with a qualified lawyer who specializes in corporate and commercial matters in Albania. Many law firms offer initial consultations to assess your needs. Make sure to communicate your objectives clearly and ask about fees, processes, and expected timelines. This approach will help you safeguard your interests and successfully navigate Albania's business environment.

Lawzana helps you find the best lawyers and law firms in Albania through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Corporate & Commercial, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Albania - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.