Albania cuts taxes to zero for startups

Albania cuts taxes to zero for startups

Published at: 2015-11-18 10:57 | Author: CIJ Journal
The government of Albania has cut taxes to zero for small businesses whose annual turnover is less than around €36,400 said prime minister Edi Rama on Monday. He added that while those with annual turnover amounting to no more than €58,200 would still have to VAT, the tax rate on their profits would be reduced from 7.5 percent to just 5 percent according to local media.

Similar Stories:

Nova KBM to take over Slovenia’s Abanka
Nova KBM, a subsidiary of US fund Apollo, will take over Slovenian state-owned Abanka afte  »
Societe Generale Bank in Montenegro to be renamed Podgoricka Banka
Societe Generale Bank in Montenegro is poised to be officially renamed Podgoricka Banka AD  »
Raiffeisen's expansion in Bosnia reaches 100th branch office
Raiffeisen Bank has opened its 100th branch office in Bosnia in Sarajevo on Mrehemica squa  »
AIK takes over Gorenjska banka
AIK banka has taken over Slovenia’s Gorenjska banka. The acquisition by the Serbian bank  »
Can you explain the issue of the so-called Greed Tax that was created by the Romanian gove   »
CIJ: Why is the financial crisis from the last decade still relevant today? The echoes ar   »
One of the long-standing paradoxes of Slovakia’s property market has long how difficult   »
The future is not out of our hands. Indeed, the main purpose of organised real estate is t   »