On May 6th, the Minister of Economic Development, Trade, Entrepreneurship and Tourism, Arben Ahmetaj presented a new draft law on tourism, which aims to increase the number of tourists and investments in this sector.
The law aims to standardize, rate and classify the accommodating hotels and travel agencies with the assistance of a foreign company. Regarding the foreign investments in this sector, Ahmetaj said that potential foreign investors can come with completed investment packages as resorts and yachts’ ports in a single package, which will ease and reduce, according to him, the bureaucratic procedures.
“The purpose of this law is the promotion of Albania as a touristic destination for local and foreign visitors and to support the sustainable development of tourism in a healthy and safe environment. We aim the decrease of the informality and the increase of services’ quality. The law sets the basis of hotels and restaurants rating based on their performance,” declared Ahmetaj.
The Minister also announced the presentation of a legal package for tourism which will propose the decrease of VAT to 10% and the exception from the social insurances for all the employers of businesses in touristic places above the average rate for the empty periods. This will increase the competitiveness in the tourism sector, declared Ahmetaj.
The draft law also aims to create an appropriate legal framework for considering the tourism sector as the main economic sector in the country which contributes in decreasing the unemployment and poverty and offers many opportunities for doing business.
News source/photo credits: ATA