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Policymakers to Take Business Concerns Seriously, German Ambassador Says
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Policymakers to Take Business Concerns Seriously, German Ambassador Says

TIRANA, January 16 The path to advance the EU accession negotiations includes precisely those elements that are essential for investors, to create more success stories and consequently for Albania’s economic development, German Ambassador to Tirana Peter Zingraf said on Monday at DIHA’s annual reception. Further on, the ambassador pointed out that policymakers must take seriously...

One Day Left to Apply for IPARD II
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One Day Left to Apply for IPARD II

TIRANA, January 14 The Agriculture and Rural Development Agency (AZHBR) reminds all farmers that the last day for application for funding under IPARD II is January 15, until 16:30 hours. The call is open for all the citizens, natural and legal persons, of Albania that operate their activity in the sector of agriculture and rural...

Customer Due Diligence Made Easy, Boa Confirms
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Customer Due Diligence Made Easy, Boa Confirms

TIRANA, January 13 The Bank of Albania (BoA) under the law “On the prevention of money laundering and terrorism financing” informs that the amended regulation 44/2009 by the Supervisory Council entered into force on Wednesday, January 8th. Based on the new amendments to the regulation, for the implementation of the enhanced due diligence for customers,...

Apply for Google for Startups Accelerator: SDGs
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Apply for Google for Startups Accelerator: SDGs

TIRANA, January 8 Are you a startup working with the UN Sustainable Development Goals? In simple words, does your business model put social impact on its core? Google for Startups Accelerator can help you grow to the next level. The class aims at empowering technology startups from Europe, the Middle East, and Africa to build...

How to e-Register Your Business in Albania
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How to e-Register Your Business in Albania

TIRANA, January 7 Starting January 2020, the National Business Center (QKB) will offer eight e-services including the initial business registration and applications for permits and licenses among others. All the following services can be obtained through the e-albania platform free of charge. Application for initial registration and update of the registration data of the natural...

Albania among Top Orange Producers in Europe in 2018
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Albania among Top Orange Producers in Europe in 2018

TIRANA, January 6 Albania in 2018 Albania ranked seventh in Europe for the production of fresh oranges with 10,800 tons, Eurostat confirmed its annual publication on EU production and trade in oranges. Albania jumped one spot in 2018 compared to 2017 thus leaving France eighth. Based on the report, the cultivation area in 2018 was...

Women Entrepreneurs Run ¼ of Companies in 2018
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Women Entrepreneurs Run ¼ of Companies in 2018

TIRANA, December 19 Over 25.7 percent of active enterprises in Albania in 2018 were owned or managed by women, the Institute of Statistics (INSTAT) confirmed on the Statistical Yearbook 2019. Women entrepreneurs run 40,953 out of a total of 162,853 companies of all sizes across Albania. The data confirm that 24.5 percent of all active...

ICT and Accommodation, Top Performing Services in Q3
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ICT and Accommodation, Top Performing Services in Q3

TIRANA, December 16 The hospitality industry and the information and communication technology services had the best performance in terms of employment and wage index during the third quarter (Q3), 2019. The Institute of Statistics (INSTAT) confirmed that both sectors saw a growth in employment respectively by 24 percent and 17.5 percent. These are the only...

No Tax Implications on Real Estate Transfer to Family Members
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No Tax Implications on Real Estate Transfer to Family Members

TIRANA, December 16 Starting in 2020, any transfer of property to family members under a gift will not be considered as a taxable transfer. This amendment proposed by the ruling majority lawmaker Evis Kushi was adopted by the Parliamentary Committee of Finance and Economy, will enter into force when voted by the Parliament. The committee...