Republic of Albania
Capital: Tirana HDI: 0.733 (85th)
GDP (PPP): $12.204 billion
The Republic of Albania is a country in Southeast Europe, bordered by Montenegro to the northwest, Kosovo to the northeast, the Republic of Macedonia to the east, and Greece to the south and southeast. It has a coast on the Adriatic Sea to the west and on the Ionian Sea to the southwest. It is less than 72 km (45 mi) from Italy, across the Strait of Otranto which connects the Adriatic Sea to the Ionian Sea.
Albania is a parliamentary republic. The country’s capital, Tirana, is its financial and industrial heartland, with a population of almost 800,000 out of around 2.9 million Albanians. Free-market reforms have opened the country to foreign investment, especially in the development of energy and transportation infrastructure. Albania has a high HDI and provides a universal health care system and free primary and secondary education. Albania is an upper-middle income economy with the service sector dominating the country’s economy, followed by the industrial sector and agriculture. It is one of the founding members of the Energy Community, Organization of the Black Sea Economic Cooperation and the Union for the Mediterranean. It is also an official candidate for membership in the European Union.
Albania Economy 2016, CIA World Factbook
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.
Albania: country overview
The government has adopted a fiscal reform package aimed at reducing the large grey economy and attracting foreign investment.
Industry Trends & Business Climate
Foreign Direct Investments and Business climate in Albania
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 in Albania
Business climate has deteriorated, while the reforms undertaken by the government have not yielded the expected results.
Establishing a Presence
Company Types Albania, Setup Companies Albania
A descriptin of the various business structures available in Albania
Doing Business in Albania – World Bank Group
Albania ranked for ease of establishing and doing business plus registration steps
Albania Sales Tax Rate | VAT | 2006-2016
The Sales Tax Rate in Albania stands at 20 percent.
Paying Taxes in Albania
A description of taxes in Albania including VAT
Albania Corporate Tax Rate 2005-2016
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.
Albania – Corporate withholding taxes
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.
Albania Personal Income Tax Rate | 2004-2016
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.
Albania – Taxes on personal income
Individual taxpayers, both residents and non-residents, are subject to PIT. Albanian law applies the principle of worldwide taxation.
Information about Visas for entering Albania
A complete listing of the countries that do and do not need a visa to enter Albania
Albania Visa: Application, Requirements
Comprehensive Information on Albania Visa Requirements
137 tips on getting to and getting around Albania from real travelers and locals.
Transport in Albania – Lonely Planet
A listing of transportation options in Albania
Albania – Telecoms, IP Networks and Digital Media
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
Telecommunications in Albania include radio, television, fixed and mobile telephones, and the Internet.
LAW CODE OF LABOR OF THE REPUBLIC OF ALBANIA
The labor cde of Albania
Employment Lawyers, Law Firms in Albania
A list of employment lawyers in Albania
Albania – Unemployment benefits
Facts and statistics on unemployment compensation
95 Tips on Albania Warnings or Dangers
95 tips on traveling safely in Albania from real travelers and locals.
Albania Education System
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.
EDUCATION SYSTEM IN ALBANIA
A description of the organizationof the education system in Albania
Public Holidays in Albania in 2016
Comprehensive list of National Public Holidays that are celebrated in Albania during 2016 with dates and information on the origin and meaning of holidays.
Climate of the World: Albania
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 climate info | what’s the weather like in Albania
Albania has twarm summers especially along the coastline and mild winters.
Albania travel advice – GOVUK
Latest travel advice from the UK government for Albania including safety and security, entry requirements, travelwarnings and health
Cost of Living in Albania
Average prices of more than 40 products and services in Albania. Prices of restaurants, food, transportation, utilities and housing are included.
Prices in Albania, Cost of living in Albania
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.
Albania – Culture, Customs & Etiquette
Guide to travel, doing business, and studying in Albania – culture, greetings, gestures,etiquette, protocol, negotiations, gift-giving, and more
How to Master Business Etiquette in Albania
Mastering business etiquette in Albania can help you build strong, lasting relationships and help you establish a supportive business network within the country.
Albania public holidays – Lonely Planet
Quick reference guide to public holidays dates in Albania
CIA – The World Factbook: Albania
See “People and Society” on this site
Demographics of Albania – Wikipedia
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
Albania Customs regulations and procedures for importing and exporting goods at border.
Albania | Export.gov
Guidelines for export to Albania ro BusinessUSA
WTO | Albania – Member information
This page gathers key information on Albania’s participation in the WTO. Albania has been a member of WTO since 8 September 2000.
Trade and Free Trade Agreements Albania
Albania applies a liberal trade regime while its foreign trade has been liberailized since 1990
Housing and Rentals
Albania Corporate Housing and Extended Stay Hotels
Search our Furnished Short Term Housing & Extended Stay Hotel directory
The 10 Best Hotels in Albania – TripAdvisor
Find 7,950 traveler reviews, candid photos, and prices for 247hotels in Albania.
Albania Travel Guide – VirtualTourist
2166 real travel reviews, tips, and photos from real travelers and locals in Albania at VirtualTourist.
Welcome to Albanian Tourism!
A travel guide to Albania’s top cities and experiences
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