Regarding the submission of the profit tax statement and financial statements for fiscal year 2018

Note on the legal basis, September 2026. This page refers to Law No. 8438 of December 28, 1998, on income tax, which is no longer in effect. It has been replaced by Law No. 29/2023. The content below is preserved for reference, but before you act, verify the current rule.
In the yardof Law No. 8438, dated December 28, 1998 “On Income Tax,” as amended; the Minister of Finance's Instruction No. 5, dated January 30, 2006 “On Income Tax,” as amended; and the Government Decree No. 922 dated December 29, 2014 “On the mandatory filing of tax returns and other tax documents exclusively in electronic form,” as well as the requirements of Law No. 9228, dated April 29, 2004″ ”On Accounting and Financial Statements,” as amended, the General Directorate of Taxes reminds you of the submission of the profit tax payment declaration and financial statements for the 2018 fiscal year. To avoid any issues that may arise from system overload during the weekend (March 31 – April 1), The General Directorate of Taxes suggests that you take the necessary measures to file and submit the profit tax payment declaration and financial statements for the 2018 fiscal year by the due date April 1, 2019. The taxpayer must submit the Profit Tax Return form in the approved template by directive. This form is completed in accordance with the explanatory notes. Likewise, he submits only electronically to the tax administration the balance sheet together with the financial statements and their annexes, namely:
  • Balance sheet (assets, liabilities, and equity)
  • Income and Expense Statement
  • Statement of changes in equity, statement of cash flows, or statement of cash flow
  • Annex for explanatory explanations
  • Report of the company's authorized expert (when this report is required under Law No. 10091 of March 5, 2009 “On Legal Audit, the Organization of the Registered Public Accounting Profession and the Chartered Accountant Profession,” Article 41 “Legal entities required to undergo a statutory audit of their financial statements,” or by subordinate acts. Additional documentation required under Law No. 9920 of May 19, 2008 “On Tax Procedures in the Republic of Albania,” Article 60, which must be submitted electronically together with the financial statements, is:
  • The lease agreement for the rented premises or the proof of ownership for the property.
  • Inventory of goods for sale as of December 31, 2017 (analytical).
  • Inventory of owned transportation equipment.
  • Statement of Tangible Assets Financial statements (statements of assets, liabilities, and equity), income and expense statement, statement of changes in equity, statement of cash flows, the schedule of tangible fixed assets, will be submitted electronically in PDF (scanned) format and in Excel format. The financial statements submitted in PDF (scanned) format must be signed and sealed by the company's manager. The following will be submitted electronically only in PDF (scanned) format: the explanatory notes, the report of the company's authorized expert, lease agreements for rented premises, proof of ownership for owned properties, and the inventory of owned vehicles. The inventory of goods for sale as of December 31, 2018 (analytical) will be declared in the taxpayer's available version, provided that the declared version remains unchanged.
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. 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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