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 that will be used to increase the productivity.
• NO TAXES on Small Businesses with an annual turnover less than 2 million ALL. Small Business will pay a tax amount of 25 thousand ALL (177€) per year.
• Businesses with an annual turnover from 2 – 8 million ALL(€14,000.00-56,000.00 )will be subject to a tax rate of 7.5%
• NO VAT on medicines, health services, as of April 1st 2014.
• NO Excise on fuel used for the needs of oil producing companies.

 Legal and/or physic persons in the Republic of Albania are subject to the following taxes:

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