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
Update, October 30, 2026 The figure of 10,000,000 lekë mentioned below is valid until December 31, 2026. By Decree No. 822, dated October 28, 2026, published in the Official Gazette….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
Electronic services. Key points: Foreign companies that sell electronic services to consumers in Albania register for VAT here, appoint a tax representative, and charge 20% VAT.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
Update, October 30, 2026 This article was written in 2025, and the threshold mentioned in it will no longer apply after December 31, 2026. By VKM….Read More
Key points: The subscription model replaces billing for each hour or action with a fixed monthly fee for a package of services. Both parties….Read More