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Albania

Albania: New Fiscalization Tax Reform Requires e-invoicing

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…

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Albania

Albania: Registration of Beneficial Owners

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…

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Albania

Overview of 2021 Albanian Tax Legislation Revamp

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…

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News-Albania

COVID19 Government Measures in South East Europe and the Middle East (SEEME)

100 years after the Spanish flu, a new pandemic strikes the world, impeding free movement, considerably slowing down the world economy as well as seriously restricting the rights of the population. We are living in unprecedent times. It is becoming…

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News-Albania

Latest Changes of the Albanian Income Tax Law

At the end 2019, the Albanian Government proposed a draft law to the Albanian Parliament, introducing several changes to the Income Tax Law. This draft law was approved by the Albanian Parliament during December 2019. While the changes do not…

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News-Albania

DOUBLE TAX TREATY BETWEEN ALBANIA AND SAUDI ARABIA

Albania has signed double taxation agreements with many countries, in order to ensure that tax on income is not paid twice. The latest agreement of this kind is the one concluded between the Republic of Albania and the Kingdom of…

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Albania

Albanian companies given incentives to distribute profits

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…

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Albania

Albanian companies given incentives to distribute profits

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…

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Albania

Shqipëria ndryshon Ligjin për Lojrat e Fatit

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…

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Albania

Shqipëria ndryshon ligjin mbi të Ardhurat; prezanton iniciativat për...

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…

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