Category

Finance & Accounting
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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13
April

Subscription models (billing by subscription packages): how it works, why it helps, and what you gain?

For years, many professionals have built their service on billing based on time spent or with a fixed price for each project. This...
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04
April

And is your business running without a plan? Here's how to tell – and what to do today

Many businesses in Albania are in a paradoxical situation today: on one hand, they are busier than ever, and on the other, they are not managing to...
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17
January

New Improvements and Amendments to the Law on Legal Auditing

The latest amendments to the statutory audit law mark a significant step toward modernizing practice and aligning with international standards. This law brings...
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15
January

Electronic Invoicing: Why is it Important for Your Business?

In our modern world, technology has transformed the way we manage finances. One of the most important reforms for Albanian businesses has been the process of...
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