Following the Fiscalization Reform which has officially started in January 2021, the General Directorate of Taxes of the Republic of Albania has issued an official announcement according to which: “All the entities that have started issuing electronic invoices for cash transactions from a…
As of January 1st, 2021, pursuant to Law 87/2019, the tax system reform “On electronic invoicing and turnover monitoring”, has officially entered into force in the Republic of Albania. The law amends all transactions occurring within the Republic and includes the reporting technicality to the tax authority as well as the application for electronic…
In June 2020, the Albanian Parliament approved Law 112/2020 On the Register of the Beneficiary Owners. The law has created an electronic register that will comprise the list of the individuals that are the direct or indirect owners or have the decision-making…
Recently, the Albanian government has published certain changes to the tax legislation which are effective as of January 1st 2021, affecting a wide range of taxes. Increase of the VAT threshold According to Decision no.576 dated July 22th, 2020, published…
Eurofast recently launched its new website eurofast.eu. The new website offers improved navigation and functionality, creating a user-friendly environment for visitors. The newly redesigned website ties together all of our offices into one location and allows visitors to experience and…
The 2019 fiscal year in Albania introduced significant changes in the Law on Income Tax. The new law provisions provide for a reduction of the income tax rate on dividends and income sharing, for the shareholders and partners of legal…
The new fiscal year in Albania has started with significant changes introduced in the Law on Income Tax. The new law provisions provide for a reduction of the income tax rate on dividends and income sharing, for the shareholders and…
Në datën 25 Tetor 2018 qeveria shqiptare aprovoi ndryshimin e ligjit për lojrat e fatit i cili është efektiv nga 01 Janar 2019. Ndryshimet do kenë nje ndikim të rëndësishëm në industrinë e lojrave të fatit, punëdhënësi i dytë më…
Këshilli i Ministrave propozoi projektligjin në Parlamentin Shqiptar i cili prezanton disa ndryshime në tatimin mbi të ardhurat. Ky projektligj u aprovua nga Parlamenti në datën 09 Korrik 2018. Ndryshimet e ligjit prekin tatimin mbi të ardhurat për disa sektorë…
On October 25 2018, the Albanian government approved the changes to the law on gambling which will become effective as of January 1, 2019. The changes will have an essential impact on the gambling industry; the second largest employer in…