Do I need a local partner to start a business in Albania?

Foreign investors often ask whether they need a local partner to start a business in Albania. The answer is clear under Albanian law: no, foreign nationals are not required to have a local partner to register and own a company in Albania.

Foreigners can own 100 percent of the shares in an Albanian company and act as sole shareholders or alongside other foreign shareholders. There is no legal obligation to include an Albanian citizen or resident as a co-owner or partner.

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Equal Rights for Foreign Investors

Albania’s investment laws provide equal rights to foreign and local investors. Foreigners are allowed to own property, establish businesses, hire employees, and engage in commercial activities under the same conditions as Albanian nationals.

The business registration process is the same for foreign-owned companies as it is for locally owned ones. Foreign shareholders must submit identification documents, notarized and translated if issued abroad, along with other company formation documents.

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When Might a Local Partner Be Useful

While there is no legal requirement to have a local partner, some foreign investors may choose to work with a local partner for practical reasons. A local partner can provide insight into the Albanian market, assist with client relationships, or help navigate industry-specific regulations.

However, this is a strategic business decision, not a legal obligation. Foreign investors remain free to fully own and manage their companies without an Albanian partner.

You do not need a local partner to start a business in Albania.

Foreign investors enjoy full ownership rights and equal legal treatment under Albanian law.

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