Category

Finance & Accounting
25
September

The SEPA Application in Albania: What it Means for Businesses and Individuals

On November 21, 2024, Albania officially became a member of the Single Euro Payments Area (SEPA). This means that euro payments from...
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21
August

Your business is busy but not moving forward. How does the 90-day plan help?

One of the most effective solutions for this is a 90-day business plan. Many small and medium-sized businesses are busy. Every day starts...
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11
August

Liquidity, Hidden Profit, and Silent Money in Business

Have you heard of businesses that close even when they appear profitable on paper? Perhaps it sounds strange to you, but many businesses fail not due to a lack of...
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14
July

Formalization of the Agricultural and Livestock Market: Tax Campaign, Government Support, and the Role of AKU (Updated May 2026)

The Formalization Campaign by the Tax Administration This article was published in July 2025 and updated in May 2026 with the latest developments: VAT compensation...
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12
July

When and Why to Change Your Business Accountant

A good accountant should lighten your business's financial burden, but an unsuitable accountant can cause you headaches and losses. Accounting is...
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09
July

How to Prepare a Tax Plan for the Year Even Without Being an Economist (Updated 2026)

Tax planning is the process of organizing tax liabilities in such a way that your business pays as little tax as possible within the legal framework. With...
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27
June

Is it worth registering for VAT if you're not required to? (Updated May 2026)

Many small entrepreneurs ask themselves, “I haven't crossed the 10 million lek threshold – do I need to register for VAT myself?”. This threshold of...
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12
June

Is it better to hire a full-time economist or to collaborate with an external accounting firm?

If you are an entrepreneur and are growing your business, you've most likely faced this dilemma. Should I hire a full-time accountant...
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06
June

What happens if the balance sheet is not submitted on time?

The annual financial statements, which include the annual financial reports (the balance sheet, the income statement, the statement of cash flows, the notes, etc.) – are required to….
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03
May

The Euro's Fall: How to Protect Yourself from Exchange Rate Risk

Introduction: The Current Euro/Lek Exchange Rate Recently, the euro has experienced a significant decline against the Albanian lek. Throughout 2023, the European currency fell...
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