Property Market Overview In the last few years, Albania has made clear progress in a number of areas needed to allow the smooth running of real estate finance and real estate transactions. The promising potential of this market is primarily based on...
Albania offers not only a highly skilled labour force but also one of the lowest labour costs in the region. Labor relations between employee and employer are regulated by individual employment contracts pursuant to the Labor Code of the Republic of...
Trade and Free Trade Agreements Foreign Trade Regulations Albania applies a liberal trade regime while its foreign trade has been liberalized since 1990 and follows the guidelines set by the European Union and World Trade Organization. Albania has be...
THE ALBANIAN CUSTOMS SYSTEM Customs legislation and administration The General Directorate of Customs (GDC) is the institution responsible for the management of customs in the Republic of Albania. The GD Customs is under the Ministry of Finance and...
Taxes in Albania Favorable Tax and Customs System With the adoption of the new 2014 fiscal package Law no. 179/2013 on the 28th December 2013 the government has taken a number of initiatives such as: • NO VAT on machinery worth over 500,000 dollars t...
COMPANY REGISTRATION AND BUSINESS LICENSING Two major initiatives taken by the Government of Albania which aim to improve the business climate are the establishment of the National Business Registration Center (NRC) and of National Licensing Center (...
