Law No. 31/2019 On certain additions to the law on Tax Procedures (bank account)

In the official notebook No. 99/2019 Law No. 31/2019 On some additions to Law No. 9920, dated 19.05.2008 On Tax Procedures in the Republic of Albania has been published. These changes have a significant impact on Tax Procedures.

These legal changes provide for the taxpayer's obligation to open a bank account, deadlines, and procedures. These legal changes also provide for penalties in case of non-compliance with these legal provisions in a timely manner.

For more here you can download the full legal change published in the Official Gazette.

About the author

Andi Haxhillari is an economist and the founder of AlProfit Consult, an accounting, tax advisory, and financial management firm in Tirana, established in 2015. For more than ten years, he has worked as an external economist for small and medium-sized businesses in Albania.

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