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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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22
March

Refund of advanced tax installments and legal developments for liberal professions

Notice from the Tax Administration The Tax Administration has officially announced that all taxpayers providing professional services are entitled to apply for the reimbursement of….
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07
March

New Changes in Withholding Tax

The Tax Administration has implemented significant changes to the Withholding Tax Declaration, which will come into effect from January 2025. These...
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03
March

Changes to Tax Exemptions for Accommodation Facilities with Special Status

What was previously foreseen? According to law no. 8438, dated 12.28.1998, “On Income Tax”, accommodation structures with four and five stars, which...
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03
March

Recent changes to Directive No. 6, dated 30.01.2015 on VAT: Status of the service recipient and import exemption for Grant Agreements

The Albanian government has approved changes to Instruction No. 6, dated 30.01.2015, to clarify certain provisions on Value Added Tax (VAT). These changes affect...
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24
February

Join AlProfit Consult: Professional Opportunities for Accountants

Why AlProfit Consult? At AlProfit Consult, our mission is to help businesses and individuals by simplifying their financial processes and saving not only...
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21
February

2024 Annual Personal Income Tax Return: Obligation, Deadlines, and New Rules

Starting January 1, 2025, individuals who have earned gross income exceeding 1.2 million lekë per year must submit an Annual Income Declaration...
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09
February

Withholding Tax: What Changes from January 2025?

The Withholding Tax Declaration for the period starting January 2025 will have some significant changes compared to the previous version....
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03
February

The Payroll Agent and the Statement of Personal Status: What you need to know?

Recently, the General Directorate of Taxation has published an official announcement regarding changes in payroll and how employees' personal status is declared...
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