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Income tax law, updates and changes. The law on income tax and the by-laws issued in its implementation, regulate the relations that arise in the field of personal income tax, profit tax and withholding tax. On April 30, 2023, the new law “On Income Tax” was approved, which brought a restructuring and expansion of the…
The friendly percentage of profit tax for IT companies invites foreign investors to Albania. Albania offers a fairly friendly legal framework for foreign investments, the main reason for the increase in the number of foreign investors, mainly in the IT field. One of the facilities that was applied since 2018 with the Decision of the…
Albanian government increased the minimum salary. Starting from April 2022, the basic minimum monthly salary at the national level for employees, mandatory to be applied by any legal or natural person, local or foreign, is 32,000 ALL. The gross monthly salary, for the purpose of calculating the social security contributions, for the employed persons, for…