Success tips when doing business in Albania in 2021
- Albanian greetings during first meetings tend to be conservative and reserved. A handshake and direct eye contact are expected. In general, refer to business persons by their surname unless invited to call them by their first name;
- Business meetings frequently occur in unconventional locations, with cafes, home residences and taxi rides often being used;
- Meeting schedules are generally followed loosely Albania. Time is often not a factor during meetings, so lengthy meetings can be expected;
- Gift giving is a large part of Albanian business culture. When given a gift, it is expected for you to give a gift in return. Money is frowned upon as a gift; instead, some small memorabilia of your home country is often a good choice. If your potential business partner has children, bringing a small gift for them is a good idea;
- When you are starting a new business, it is important to find out what Albanian registrations and licenses apply to your firm. This can be a complex area, as local, state, territory and federal governments handle registration and licensing for various aspects of your business.
Interesting facts about Albania
- The national airport of Albania was named in honor of Mother Teresa, with its full name being the Tirana International Nene Tereza;
- The Albanians refer to their country as Shquiperia or Republika e Shqiperise;
- In Albania, a nod of the head means ‘no’, while shaking the head side to side means yes;
- Zog, the king of Albania in the 1930s, is noted as the only national leader in modern times to return fire during an attempted assassination;
- Albania is one of just 3 countries in Europe without a McDonalds branch.