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		<title>Albania Adopts Raise to VAT Threshold for 2021</title>
		<link>https://invest-in-albania.org/39010/</link>
					<comments>https://invest-in-albania.org/39010/#respond</comments>
		
		<dc:creator><![CDATA[Vjollca Shehu]]></dc:creator>
		<pubDate>Thu, 23 Jul 2020 10:22:29 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[featured]]></category>
		<category><![CDATA[small business]]></category>
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					<description><![CDATA[TIRANA, July 23 Albania will raise its Value Added Tax registration threshold from Lek 2 million to Lek 10 million from 1 January 2021. The verdict was adopted on Wednesday during the latest meeting of the Council of Ministers. Hence, if the taxable turnover of a business or entity will cross the new VAT threshold, [&#8230;]]]></description>
		
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		<title>Albania Scraps Profit Tax for Small Businesses</title>
		<link>https://invest-in-albania.org/albania-scraps-profit-tax-for-small-businesses/</link>
					<comments>https://invest-in-albania.org/albania-scraps-profit-tax-for-small-businesses/#respond</comments>
		
		<dc:creator><![CDATA[Vjollca Shehu]]></dc:creator>
		<pubDate>Thu, 16 Jul 2020 12:17:13 +0000</pubDate>
				<category><![CDATA[Businesses]]></category>
		<category><![CDATA[featured]]></category>
		<category><![CDATA[income tax]]></category>
		<category><![CDATA[small business]]></category>
		<guid isPermaLink="false">https://new.invest-in-albania.org/?p=38951</guid>

					<description><![CDATA[TIRANA, July 16 Starting 1 January 2021small businesses with an annual turnover that does not exceed Lek 14 million will be exempt from simplified tax profit. Currently, the tax rate on taxable profit for small businesses with an annual turnover between Lek five million and Lek eight million that are subject to simple income tax [&#8230;]]]></description>
		
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		<title>Are you a Free Professional? Tax Directorate Wants you in the System</title>
		<link>https://invest-in-albania.org/are-you-a-free-professional-tax-directorate-wants-you-in-the-system/</link>
					<comments>https://invest-in-albania.org/are-you-a-free-professional-tax-directorate-wants-you-in-the-system/#respond</comments>
		
		<dc:creator><![CDATA[Vjollca Shehu]]></dc:creator>
		<pubDate>Tue, 30 Jul 2019 13:29:58 +0000</pubDate>
				<category><![CDATA[Businesses]]></category>
		<category><![CDATA[featured]]></category>
		<category><![CDATA[General Directorate of Taxation]]></category>
		<category><![CDATA[small business]]></category>
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					<description><![CDATA[TIRANA, July 30 Individuals that are not employed, but practice a free profession, thus carry out economic activity, are obliged to register as a commercial subject. According to the official announcement on its website by the General Directorate of Taxation, the practitioners of free professions should register as a taxpayer of value-added tax, even though [&#8230;]]]></description>
		
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		<title>Small Business in Deep Crisis</title>
		<link>https://invest-in-albania.org/small-business-in-deep-crisis/</link>
					<comments>https://invest-in-albania.org/small-business-in-deep-crisis/#respond</comments>
		
		<dc:creator><![CDATA[Vjollca Shehu]]></dc:creator>
		<pubDate>Tue, 13 Nov 2018 17:35:13 +0000</pubDate>
				<category><![CDATA[Multimedia Press Review]]></category>
		<category><![CDATA[featured]]></category>
		<category><![CDATA[INSTAT - Institute of Statistics]]></category>
		<category><![CDATA[small business]]></category>
		<guid isPermaLink="false">https://new.invest-in-albania.org/?p=24694</guid>

					<description><![CDATA[Multimedia Press Review Media: Reporter.al  Author: Gjergj Erebara During 2017, the number of employees, the number of businesses, and the volume of sales of 95,000 Albanian small businesses fell sharply compared to the previous year, according to the Structural Survey of Enterprises by INSTAT. The data also show an increase in inequality between a few [&#8230;]]]></description>
		
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