Selling 60% of my Albanian company to a foreign investor—what approvals and filings are required?

In Albania, the sale of 60% of the shares to a foreign investor is generally permitted without prior government approval, unless the target operates in regulated sectors (e.g., banking, energy, telecom, media) or the transaction meets competition thresholds requiring notification to the Albanian Competition Authority. Typically, the transaction requires a notarized Share Purchase Agreement, corporate approvals, updated shareholders’ resolutions, registration of the transfer with the National Business Center (QKB), update of the Ultimate Beneficial Owner register, and tax filings on the capital gain. We would be pleased to review your specific case to confirm whether any regulatory clearance is required and to provide a step-by-step closing checklist.

Kind regards,