Discover how AlProfit helps small businesses accurately and effortlessly manage tax filings through its time-saving outsourced accountant service...Read More

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

Many businesses cannot afford to hire an in-house economist, or full-time employment is not always necessary. However, finance and...Read More

The Bank of Albania approved new regulations on September 3, 2025, to modernize national payment systems: AIPS (interbank payment system for...Read More

In an era where artificial intelligence (AI) is changing how we work, the question arises: What does AI mean for the economics profession? An increasingly...Read More

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...Read More

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….Read More

Accommodation facilities. Key points: Accommodation is invoiced with VAT at 61%. Additional services—bar, restaurant and spa—are invoiced at 20% on separate lines. Description on the invoice….Read More

Key points: Technology and science parks offer 15 years of income tax exemption for activities within them, according to Law No. 58/2022. Employees' salaries….Read More

Key points: The euro's fall hits those who invoice in euros and spend in lek, as well as exporters, tourism, and IT. From 117.25 lek in January 2023,...Read More