Albania has a supportive Foreign Direct Investments (FDI) legal framework, Free Trade Agreements with major regional markets and beyond, a competitive and young labor force, favorable tax and customs regime, fast improving business climate, increasing FDI rates and overall growing...
Since its creation, economists who are familiar with GDP and SNA methodology have emphasized that GDP is a measure of economic activity, not economic well-being. In 1934, Simon Kuznets, the chief architect of the United States national accounting system, cautioned against equating GDP growth...
There are often special rules for natural resource capital expenditure. Tax depreciation rules are sometimes based on elaborate classification of assets, but this may be difficult to apply to natural resource operations, opening the door to technical disputes. New asset classifications specific...
Each individual, who is a partner in a commercial company, is responsible for the company's tax liabilities to the tax administration, according to provisions in the company charter. According to commercial registry, over 98 percent of companies are limited liability...
Based on the biggest reforms, right now for Albania need to be focused on in two directions/pillars: - The territorially and administrative reform, which regulates the local power with more authority and more budget, centralized in bigger local municipalities. - The anti-evasion...
