Law No. 4/2024 For the approval of the normative act, with the force of law, No. 7, Dated 14.12.2023, “On some additions and amendments to Law No. 29/2023, ‘On income tax’,” as amended

Name: AlProfit Consult
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February 14, 2024

Taxes, Other

Legal Changes, Profit tax rates 5%, Income Tax, corporate income tax, VKM

In support of Article 101 of the Constitution, upon the proposal of the Council of Ministers,

Parliament

of the Republic of Albania

SET:

Approval of the normative act, with the force of law, No. 7, date 14.12.2023, “For some additions and changes in law no. 29/2023, ‘On Income Tax’,” as amended.

Approved on 01/25/2024.

Announced by decree no. 42, dated 06.02.2024, of the President of the Republic of Albania, Bajram Begaj.

Source: Official Gazette.

About the author

Andi Haxhillari

Andi Haxhillari is an economist and the founder of AlProfit Consult, an accounting, tax advisory, and financial management firm in Tirana, established in 2015. He holds the professional title of Certified Accountant, certificate no. 359, issued by the Certification Authority of the Ministry of Finance on July 4, 2012. He graduated with a Master's degree in Accounting and as a General Economist from the Faculty of Economics at the University of Tirana. For more than ten years, he has worked as an external economist for small and medium-sized businesses in Albania.

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Andi Haxhillari

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