Albania, a formerly closed, centrally-planned state, is making the difficult transition to a more modern open-market economy. Albania managed to weather the first waves of the global financial crisis but, more recently, its negative effects have put some pressure on the Albanian economy. 

The government has adopted a fiscal reform package aimed at reducing the large grey economy and attracting foreign investment. 

Albania has opportunities to attract foreign direct investments in several sectors of economies: agriculture, manufacture economy, tourism etc. Albania has a great potential, but the domestic capital is very low and it is not enable to utilize these opportunities.

Business climate has deteriorated, while the reforms undertaken by the government have not yielded the expected results.

A descriptin of the various business structures available in Albania

Albania ranked for ease of establishing and doing business plus registration steps

The Sales Tax Rate in Albania stands at 20 percent.

A description of taxes in Albania including VAT

The Corporate Tax Rate in Albania stands at 15 percent. Corporate Tax Rate in Albania averaged 13.91 percent from 2005 until 2015, reaching an all time high of 23 percent in 2005 and a record low of 10 percent in 2008. Corporate Tax Rate in Albania is reported by the Albanian Taxation Office.

The 15% WHT is levied on the gross amount of payments for technical, management, installation, assembly, or supervisory work, as well as payments to management and board members.

The Personal Income Tax Rate in Albania stands at 23 percent. Personal Income Tax Rate in Albania averaged 16.75 percent from 2004 until 2015, reaching an all time high of 25 percent in 2005 and a record low of 10 percent in 2008. Personal Income Tax Rate in Albania is reported by the Albanian Taxation Office.

Individual taxpayers, both residents and non-residents, are subject to PIT. Albanian law applies the principle of worldwide taxation. 

A complete listing of the countries that do and do not need a visa to enter Albania

Comprehensive Information on Albania Visa Requirements

137 tips on getting to and getting around Albania from real travelers and locals.

A listing of transportation options in Albania

Albania’s telecom market continues to have room for further development. Penetration in the fixed-line and broadband sectors remains very low by European standards, and there are opportunities for further investment in networks 

Telecommunications in Albania include radio, television, fixed and mobile telephones, and the Internet.

The labor cde of Albania

A list of employment lawyers in Albania

Facts and statistics on unemployment compensation

 95 tips on traveling safely in Albania from real travelers and locals.

The Albanian literacy rate hovers at around 99% and efforts are ongoing to maintain this. Although education is only compulsory for the first 9 grades, most young people stay on through to grade 12.

A description of the organizationof the education system in Albania

Comprehensive list of National Public Holidays that are celebrated in Albania during 2016 with dates and information on the origin and meaning of holidays.

Albania has a high number of climatic regions for so small an area. The coastal lowlands have typically Mediterranean dominied weather; the highlands have a more continental influenced climate. In both the lowlands and the interior, the weather varies from north to south.

Albania has twarm summers especially along the coastline and mild winters.

Latest travel advice from the UK government for Albania including safety and security, entry requirements, travelwarnings and health

Average prices of more than 40 products and services in Albania. Prices of restaurants, food, transportation, utilities and housing are included.

Albania is a relatively cheap travel destination when compared to the other European countries. This is understandable as it is located in an inexpensive part of the continent – Southeastern Europe.

Guide to travel, doing business, and studying in Albania – culture, greetings, gestures,etiquette, protocol, negotiations, gift-giving, and more

Mastering business etiquette in Albania can help you build strong, lasting relationships and help you establish a supportive business network within the country.

Quick reference guide to public holidays dates in Albania

See “People and Society” on this site

This article is about the demographic features of the population of Albania, including population density, ethnicity, education level, health of the populace, economic status, religious affiliations and other aspects of the population.

Albania Customs regulations and procedures for importing and exporting goods at border. 

Guidelines for export to Albania ro BusinessUSA

This page gathers key information on Albania’s participation in the WTO. Albania has been a member of WTO since 8 September 2000.

Albania applies a liberal trade regime while its foreign trade has been liberailized since 1990

Search our Furnished Short Term Housing & Extended Stay Hotel directory

Find 7,950 traveler reviews, candid photos, and prices for 247hotels in Albania.

2166 real travel reviews, tips, and photos from real travelers and locals in Albania at VirtualTourist.

A travel guide to Albania’s top cities and experiences