Entrepreneurs looking to enter the Albanian market often face a key decision—whether to register a brand-new company or purchase one that already exists. Both options are legal and widely used, but each comes with its own set of risks, advantages, and obligations. Choosing the right path depends on your goals, timeline, and tolerance for complexity.
Advantages of starting a new company
Starting a company from scratch gives you complete control from day one. You choose the name, structure, business activity, and internal rules.
There is no legal or financial history to clean up, and you can set up everything to match your long-term vision. Registration is straightforward, especially for limited liability companies (SHPK), and costs are relatively low.
You also avoid any risk of hidden debts, unpaid taxes, or previous legal disputes. The company’s history begins with you, which is ideal for long-term brand building or cautious investment.
Drawbacks of starting from zero
However, starting a new company takes time to build credibility, secure contracts, and establish a presence. You must set up accounting, open bank accounts, apply for licenses, and register for taxes. If your business relies on quick entry into the market, this setup period may delay your operations.
You also need to build client trust from the ground up. In some sectors, that delay can mean missed opportunities or longer sales cycles.
Advantages of buying an existing company
Purchasing an existing company gives you immediate access to licenses, contracts, local reputation, and operational infrastructure. In some cases, the business may already be generating income, which reduces your financial risk in the early stages.
This path is often faster than starting from zero. It may also be easier to apply for visas or permits if the company is already active and recognized by authorities.
Risks of buying an existing company
The biggest risk is what you inherit. Even if the company looks clean on paper, it may have hidden tax issues, debts, or unresolved legal disputes. You must conduct full due diligence before signing any agreement. If the company’s documents are not in order, it may take more effort to clean up than to start fresh.
You are also limited by the structure and history of the company. Changing its purpose, owners, or internal setup can involve more paperwork than starting a new one.
Which option is better?
If you want full control and have the time to build from the ground up, starting a new company is the safer and more flexible option. If your goal is speed and you find a clean, operational business with no legal baggage, buying an existing one can save time and give you a head start.
The right choice depends on your experience, urgency, and appetite for risk. Both options are valid under Albanian law and can lead to long-term success when done properly.