- Annual financial statements are submitted in Excel format through the e-Albania portal within seven months of the end of the financial year.
- The annual deadline falls on July 31, and the fine for non-compliance today is 60,000 lek, according to Law No. 9723/2007, as amended by Law No. 7/2022.
- The reporting formats (SKK, IFRS) are updated from time to time by the QKB, so the templates used each year should be obtained from the current official source, not from an old notice.
- Any uncertainty about the submission method or the exact format can be resolved more quickly by contacting QKB directly or by checking their updated manual.
Every year, after the close of the financial year, businesses that are legally required to undergo an audit or financial reporting must file their annual financial statements, the management report, and, when required, the audit report. Submission is made in Excel format through the e-Albania government portal.
In our daily work, we often see businesses that leave preparing this file until the last few days before July 31, and then struggle with the Excel format itself and with the exact template that must be used for the relevant fiscal year.
Read also: Submission of the income tax return and financial statements.
Deadline and legal basis
7 months since the end of the fiscal year
According to Article 43 of Law No. 9723 of May 3, 2007, “On Business Registration,” as amended, entities must register and file their annual financial statements no later than seven months after the end of the financial year. For most businesses, the financial year ends on December 31, so the deadline falls on July 31 of the following year.
Fine for non-use, today 60,000 lek
Failure to submit by the deadline results in an administrative sanction. The fine amount has changed since 2019, from 15,000 lekë at that time to 60,000 lekë today, in accordance with the amendments to Law No. 9723/2007 by Law No. 7/2022.
Submission in Excel format via e-Albania
Reporting templates
Financial statements are submitted in Excel format, in accordance with the accounting standard applicable to the entity, SKK or IFRS. The specific templates are updated from time to time by the QKB, so we recommend obtaining the current version directly from the e-Albania portal or from the QKB, rather than using an old template saved from years ago.
Contact the QKB for any clarifications.
For any questions about how to submit or use the format, QKB provides a user manual and direct contact at [email protected]. Pre-verifying the current manual cuts down on time lost in the final days before the deadline.
Every time there is a tax or financial change that affects your business, we notify you directly by email with a practical explanation.
Send me free notificationsWhy it Matters
A wrong template delays the entire delivery.
Using an outdated template or errors in the Excel format can make the submission incomplete or rejected by the system, pushing the risk of a fine to the last day, when there's no time to correct it.
How we handle this with our clients
We prepare our clients' financial statements using the templates for the current fiscal year and submit them ahead of schedule so that no last-minute technical glitch in the e-Albania system catches them off guard.
Frequently asked questions
Where can I find the current Excel templates?
The templates for the current fiscal year are obtained from the e-Albania portal or the QKB official website. Older templates, saved from previous years, may no longer be accepted by the system.
What is the fine for non-compliance today?
60,000 lekë, pursuant to Law No. 9723/2007, as amended by Law No. 7/2022. The deadline for submission remains July 31 of each year.
Does every business need an audit report?
No. The audit report is required only when the entity meets the criteria for mandatory statutory audit. The exact contents of the file depend on the size of the business.
The exact formats and deadlines for the current fiscal year can be found at financial statements and the deadline for submission, regularly verified and updated.
