On August 18th, 2021 entered into force the Law 80/2021 “On the registration of non - profit organizations”.
The Law has introduced the following novelties:
Introduction of the Electronic Register of the Non-Profit Organizations. The date on which the latter will become active shall be published by the Albanian High Judicial Council not later August 30th. The Register shall be administered by Tirana Court of First Instance.
All types of registrations including but not limited to the application for the establishment and the deregistration of an non – profit organization (NPO) are performed through the submission of the application to Tirana Court of First Instance either in writing or electronically via the governmental portal of e-Albania.
The electronic register is publicly available and may be accessed by any interested person.
The right to use a name for the NPO shall be made on a first come, first served basis.
In case of a) a false declaration of data in the electronic register by the NPO when it does not constitute a criminal offence or b) failure to perform the initial registration and other mandatory registrations within the statutory deadlines, the law provides for a fine amounting from 0.1% to 1% of the annual income declared by the NPO and in any case not less than ALL 30,000 (approx. EUR 250).
The Judge of Tirana Court of First Instance should issue the decision on the establishment of the NPO, not later than 15 calendar days from the submission of the full set of the required documentation by the applicant.
This was a short overview of the New Law on the Registration of Non-Profit Organizations.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.
This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. Please refer to your advisors for specific advice.
Welcome to EY.com
In addition to cookies that are strictly necessary to operate this website, we use the following types of cookies to improve your experience and our services: Functional cookies to enhance your experience (e.g. remember settings), Performance cookies to measure the website's performance and improve your experience, Advertising/Targeting cookies, which are set by third parties with whom we execute advertising campaigns and allow us to provide you with advertisements relevant to you.
We have detected that you have enabled the Do Not Track setting in your browser; as a result, Advertising/Targeting cookies are automatically disabled.