A year's worth of service entitles an employee to four weeks of paid vacation. Leave is measured on a prorated basis whether the person has been working for longer than a year.

There are fourteen public holidays in Albania.

An individual will take sick leave for the duration of their sickness before their doctor says they are well enough to return to work. The contractor is required to pay 80 percent of the employee's wages for the first 14 days of sick leave. After the 15th day, Social Insurance pays the person 70% of their gross wage for the previous six months.

Women are entitled to 12 months of maternity leave in a row. This requires a minimum of 35 days of leave prior to the child's birth and 63 days after the child's birth. Women who are pregnant with several children are entitled to 390 days of maternity leave.

During maternity leave, the person is paid 80 percent of the total monthly wage from the previous 12 months for the first 6 months and 50 percent for the next 6 months by Social Insurance.

An individual will take sick leave for the duration of their sickness before their doctor says they are well enough to return to work. The contractor is required to pay 80 percent of the employee's wages for the first 14 days of sick leave. After the 15th day, Social Insurance pays the person 70% of their gross wage for the previous six months.

For a child under the age of three, an employee is entitled to 15 days of paid leave per year, and for a child above the age of three, an employee is entitled to 12 days. An employee can also take an extra 30 days of unpaid leave each year.

Employees are entitled to 10 days of bereavement leave in the case of the death of a partner or a member of their immediate family.

Albania's standard work week is 40 hours spread over five days.

Overtime is defined as work exceeding 40 hours per week and is compensated at a rate of 125 percent of the regular pay. Alternatively, the employer may compensate the employee with additional time off rather than additional compensation.

Weekends and public holidays are compensated at a rate of 125 percent of regular pay.

Overtime hours cannot exceed eight hours per week (for a total of forty-eight hours worked) or twenty-eight hours per year. However, in certain circumstances (e.g., force majeure), an employee may work more than 48 hours per week, but the average weekly hours worked cannot exceed 48 over a four-month period.

Albania has mandatory universal healthcare that is financed by payroll taxes and the general budget. Private healthcare is also accessible, and some businesses provide optional pension plans.

Your passport must be valid for at least three months beyond the duration of your stay. As a tourist, you are not required to obtain a visa to enter the Republic of Albania. You can stay in Albania for up to a year without applying for a residency permit. If you plan to stay in Albania for more than a year, you can apply for a residency permit once you arrive. Please visit the Embassy website for more information on residency permits in Albania.

Prospective residents or those who intend to stay in Albania for more than a year and work or study must apply for a residency permit at the office of the Regional Directorate of Border and Migration Police in the region where they intend to live.

Establishing a subsidiary in Albania is not something you should do lightly. To begin, you must choose the location of your real office space. Different districts and localities in Albania may have their own subsidiary legislation, which might complicate your growth. That is why we advocate doing research into various places around the nation to choose the optimal placement for your business.

Once you've chosen a location, you should evaluate the various entities that make sense for your business. You may pick the entity under which you want to incorporate, and this will have an effect on how you do business in the nation. Albania permits expansion via limited liability companies (LLCs), joint stock companies (JSCs), or representative offices, however many businesses opt to organize as an LLC.

The following are the processes to incorporate your Albania subsidiary as an LLC:

1. Checking the uniqueness of your name online or at a National Registration Center representative office

2. Creating and notarizing articles of association that comprise the company's internal rules

3. The Registration Center issues a Registration Certificate and a Unique Business Identification number.

4. Obtaining health insurance and social security benefits

5. Registration with the Municipality Bureau of Internal Revenue for special corporation taxes

6. Requesting the company's seal, which you will need for everyday tasks

Albania's subsidiary laws can differ according on the kind of company formed. A limited liability company must have at least one director and one shareholder who may be of any country. They will not be needed to go to or reside in Albania as part of the procedure. Additionally, you'll need 1 EUR in paid-up capital.

Once the Albania subsidiary establishment procedure is complete, you must submit financial audits to the Albanian commercial registration. These financial statements must be audited if you meet two of the following criteria: yearly revenues of at least $230,000, total assets of at least $330,000, or more than 30 workers.