Commercial and other economic entities registered in the years 2011- 2015

Open Data Albania has researched the registration of business company?s entities and other economic entities founded to exert their activity in Albanian territory in 2015. The analysis also takes under consideration registrations and de-registrations during the past five years. The year 2015 is considered as a special one in this analysis because many of the registrations doesn?t comply directly with entities founded on this year. Some entities have been active even previously but were registered and equipped with TIN as a result of anti-informality campaign conducted by the tax administration in the country during the last five months of the year.

In 2015, a total of 39 650 of economic and commercial entities were registered. A total of 5323 entities were also deregistered during this year. This is the highest figure of registrations in the past five years. This figure is not too much due to a progress of economic activity, but to a progress of anti-informality campaign, which means registration of any entity with economic activity.

New economic entities registered under Legal Form 2011-2015

^{Source: http://www.qkr.gov.al/nrc/documents/Raporti_Vjetor_2015_shq.pdf
Comments and analysis: ODA}

^{Source: http://www.qkr.gov.al/nrc/documents/Raporti_Vjetor_2015_shq.pdf
Comments and analysis: ODA}

^{Source: http://www.qkr.gov.al/nrc/documents/Raporti_Vjetor_2015_shq.pdf
Comments and analysis: ODA}

Open Data Albania research will treat all the registered entities. ODA categorizes also the registrations under the legal form of the entity, legal or natural persons distinguishing between commercial joint stock companies or limited liability companies, partnerships, branches of foreign companies and natural persons.

During this year, several other trade activities such as Activity Suspension, or Entity Reactivation were numerous. In 2015, 420 procedures for liquidation were recorded.

Applications for action at the National Registration Center

^{Source: http://www.qkr.gov.al/nrc/documents/Raporti_Vjetor_2015_shq.pdf
Comments and analysis: ODA}

^{Source: http://www.qkr.gov.al/nrc/documents/Raporti_Vjetor_2015_shq.pdf
Comments and analysis: ODA}

Considering the Commercial Companies as well-capitalized and more important for economic development in 2015, these companies recorded a total of 2751 registrations that could be considered as new establishments of commercial entities. According to ODA research, 405 business companies have closed their activity and have ceased to exist by being de-registered in the National Registration Center during this year. A total of 2613 Limited Liability Companies, LLC and 40 Joint Stock Companies, JSC were registered in 2015. During this year, 6 Business Companies of Simple Form and 12 Companies of Agricultural Cooperation were also founded.

According to Open Corporate Albania data assessments on companies established during the last four months of 2015, in every three companies founded one had foreign nationals as shareholders and mainly Italians, which indicates the tendency to transfer some trading activities in our country with the aim of reducing labor costs. A total of 72 Branches of Foreign Companies are also registered during a period of 12 months. In 8 cases, they are Representation Offices of Foreign Companies, which were registered and received TIN in NRC in order to exercise their own economic representation in our country as well.

^{Source: http://www.qkr.gov.al/nrc/documents/Raporti_Vjetor_2015_shq.pdf
Comments and analysis: ODA}

^{Source: http://www.qkr.gov.al/nrc/documents/Raporti_Vjetor_2015_shq.pdf
Comments and analysis: ODA}

Over the course of the years 2011-2015, the number of newly registered entities to NRC declined in the first 3 years to grow significantly in the last 2 years. In 2011, 12,733 new entities were registered, 12,131 new entities were registered in 2013 and 39 650 new enterprises were registered in 2015.

New economic entities registered under Legal Form 2011-2015

Source: http://www.qkr.gov.al/nrc/documents/Raporti_Vjetor_2015_shq.pdf
Comments and analysis: ODA

Increasing volume of economic entities in 2015 requires detailed comparative analysis in order to evaluate how this increase of registrations coincides with an initial growth of the economic activity in the country against the de jure registration as part of anti-informal action.