In the near future, some of the Western Balkan countries will presumably become member states of the EU. The conditioned Stabilisation and Association Agreements between the EU and these states provide for the successive approximation of these states' laws to that of the EU as a prerequisite for accession. The Albanian Company Law No. 9901 "On Entrepreneurs and Companies" entered into effect on 21 May 2008, aiming to adjust Albanian provisions on companies to EU standards and modernise existing legislation within the legal framework. The law is accompanied by a multitude of legal provisions from Albania as well as the EU, which must be taken into consideration when applying and interpreting it. The aim of the present legal commentary is to explain Law No. 9901 in the context of these provisions.