Why French Entrepreneurs Choose Albania
Albania is increasingly attracting attention from French entrepreneurs, particularly in sectors where French expertise and Albanian cost advantages align. Key sectors include:
- Tourism and hospitality: Albania's Adriatic and Ionian coastlines, UNESCO heritage sites (Berat, Gjirokaster, Butrint), and growing visitor numbers create opportunities for boutique hotels, tour operators and restaurant ventures.
- Consulting and professional services: management, legal and engineering consulting firms looking for a Southern European base with lower overheads.
- Education and language services: French-language schools, training centres and cultural exchange programs.
- Wine and agriculture: Albania has a long winemaking tradition, and French expertise in viticulture and agribusiness can find a receptive market.
- Luxury goods and retail: import and distribution of French fashion, cosmetics and food products.
Albania offers a 15% flat corporate tax rate, lower labour costs than France, and is in EU accession negotiations, which means progressive alignment with EU regulations and standards.
Entry and Residence for French (EU) Citizens
As an EU citizen, French nationals enjoy visa-free entry to Albania using either a valid passport or a national identity card (carte nationale d'identite). No visa is required for short-term stays of up to 90 days within a 180-day period.
For long-term business stays, EU citizens can apply for a residence permit directly in Albania without needing a type D visa beforehand. This is a significant advantage over non-EU nationals, who must obtain a type D visa before entry.
Source: Albanian Ministry for Europe and Foreign Affairs (punetejashtme.gov.al) -- verified October 2026.
Document Legalisation: The Apostille
France ratified the Hague Apostille Convention and has been a party since 24 January 1965, making it one of the original signatories. Albania acceded to the Convention in 2003 (in force 9 May 2004). Documents exchanged between the two countries require only an Apostille stamp -- no consular legalisation chain.
Documents that typically need an Apostille for company registration include:
- Passport copy or ID card copy
- Criminal record certificate (extrait de casier judiciaire -- bulletin no. 3)
- Power of attorney (if registering remotely)
- Articles of association (if relevant)
In France, the Apostille is issued by the Cour d'appel (Court of Appeal) having jurisdiction over the place where the document was issued.
Source: HCCH Apostille Convention Status Table (hcch.net/en/instruments/conventions/status-table/?cid=41) -- verified October 2026.
Registering a Company in Albania
The most common structure for French entrepreneurs is a Limited Liability Company (SHPK -- Shoqeri me Pergjegjesi te Kufizuara). Registration is handled by the National Business Centre (QKB), established under Law No. 131/2015.
As an EU citizen, you can register in person at QKB in Tirana, or remotely through a notarised power of attorney (with Apostille) given to a local representative. The process typically takes 1-2 business days once all documents are submitted.
For a full guide on the LLC registration process, see our How to Open an LLC in Albania page.
Tax Registration and Ongoing Accounting
After company registration, your business must register with the Albanian tax authorities. Key obligations include:
- VAT registration: mandatory if annual turnover exceeds ALL 10 million (approximately EUR 90,000). See our VAT Declaration page.
- Monthly tax declarations: corporate income tax, withholding taxes, and social/health contributions. See Monthly Tax Declarations.
- Annual financial statements: required for all LLCs. See Year-End Closing.
- Payroll: if you hire employees, payroll declarations are required monthly.
Check with us whether a double taxation treaty between Albania and France applies to your situation -- this could affect how business profits, dividends and royalties are taxed across both countries.
For ongoing accounting support, see our Monthly Accounting and Outsourced Accountant services.
Business Residence Permits for EU Citizens
As an EU citizen, you have a simplified path to residency in Albania. Under Law No. 79/2021 "On Foreigners", EU nationals can apply for a residence permit directly at the local police directorate (Drejtoria Vendore e Policise) without a prior visa.
Relevant permit types for business owners include:
- Self-employed unique permit (leje unike per punonjes te vetepunesuar): for sole traders and company founders
- Employment unique permit: if you plan to work within your own company as an employee or director
The initial permit is typically valid for one year and renewable. After 5 years of continuous legal residence, you can apply for a permanent residence permit.
For detailed guidance on the residence permit process, see our Albania Residence Permit Guide.
Opening a Business Bank Account
Opening a business bank account in Albania is straightforward for EU citizens. Major banks operating in Albania include Banka Kombetare Tregtare (BKT), Raiffeisen Bank Albania, OTP Bank, and Credins Bank.
Typical documents required:
- QKB registration certificate (ekstrakti i QKB-se)
- Company statute
- Identification documents of directors/shareholders
- Proof of registered business address
- Source of funds declaration
Most banks can open accounts within 3-5 business days after document submission. Communication at banks is generally available in Albanian and English.
How Ekonomist Pro Helps French Entrepreneurs
We assist French entrepreneurs at every stage:
- Company formation: LLC or sole proprietor registration at QKB, including document preparation and Apostille guidance
- Tax registration: NIPT, VAT, and employee registration with the tax authorities
- Monthly accounting: bookkeeping, tax declarations, and payroll in compliance with Albanian accounting standards
- Annual financial statements: balance sheet, income statement, and statutory filings
- Residence permit support: application preparation and follow-up with immigration authorities
- Ongoing advisory: tax planning, regulatory updates, and compliance monitoring
Our team is available for consultation in English. Contact us via WhatsApp or phone for a free initial consultation.
Ready to Expand to Albania?
Get a free consultation from our team. We assist French entrepreneurs with company formation and ongoing compliance.
Review date: 2026-10-11
Frequently Asked Questions
Can French citizens enter Albania with just an ID card?
Yes. As an EU citizen, you can enter Albania with either a valid passport or a national identity card (carte nationale d'identite). No visa is required for stays up to 90 days.
Do I need a type D visa to start a business in Albania as a French citizen?
No. EU citizens do not need a type D visa. You can apply for a residence permit directly in Albania without a prior visa.
How are French documents legalised for use in Albania?
Through the Apostille. France has been a party to the Hague Apostille Convention since 1965. The Apostille is obtained from the Cour d'appel (Court of Appeal) in France. No consular legalisation chain is needed.
What is the minimum capital for an LLC in Albania?
The minimum capital for an SHPK (LLC) is ALL 100 (approximately EUR 1). However, banks and business partners may expect a more substantial initial capital depending on your business activity.
Is there a double taxation treaty between Albania and France?
Check with us whether a double taxation agreement applies to your specific situation. Tax treatment of cross-border income depends on the type of income and your residency status.
Can I register an Albanian company remotely from France?
Yes. You can grant a notarised power of attorney (with Apostille from the Cour d'appel) to a local representative who registers the company at QKB on your behalf.
What sectors are most popular among French entrepreneurs in Albania?
Tourism and hospitality, consulting and professional services, education, wine and agriculture, and luxury goods import/distribution are among the most common sectors.
Services you may need
Open an LLC
Full LLC registration at the National Business Centre (QKB)
Monthly Accounting
Bookkeeping, tax declarations and compliance
VAT Declaration
VAT registration and monthly declarations
Year-End Closing
Annual financial statements and balance sheet
Outsourced Accountant
Dedicated accountant for your business
Free Consultation for French Entrepreneurs
Contact us today. We help you from company formation to ongoing accounting.