By Gmb Publishing, George Curmi
This is often the 1st authoritative consultant to the customers for company and funding in Albania. It exhibits how this small ecu nation is beginning up for company having lately bolstered its ties with the european via a Stabilization and organization contract. Macroeconomic functionality has more desirable sharply lately, due to guidelines lower than IMF-backed programmes, prompting new curiosity from the foreign enterprise group.
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Extra info for Albania's Business Environment
Although international companies make up a clear majority of clients in this area, domestic companies are appreciating the clear advantages offered by the advertising industry to promote their products and are rapidly gaining ground too. The government itself has spent millions in promoting Albanian beaches and holiday resorts on international and national channels. Airline companies, banks, tourist services, beverages and mobile phone operators make up a huge chunk of advertisements, which in many respects reflects the evolving socio-economic structure of the country.
DigitAlb was one of the first companies to use the latest DVB-H technology for TV transmission in the world. Despite the evident emergence of an Albanian “upper class”, the lamentable fact that most people in Albania are poor is even more evident. Most of them cannot afford the luxury goods they see on their TV screens and therefore remain a price-wary audience. 1 Business Structures Kalo & Associates Legal framework The principal legal instrument which governs commercial activity, as well as the establishment and regulation of commercial companies in Albania, is Law No.
All services are offered for free and the organization deals with all investment types. The National Registration Centre (QKR) provides assistance on procedures for business applications and registration and the Albanian Chamber of Trade and Industry is another useful portal for business support. International consultancies, such as the American Chamber of Commerce in Albania and the Albanian-American Trade & Development Association (AATDA), promote development and trade between the two countries, while the Albanian-British Chamber of Commerce and Industry provides business support and networking opportunities.