Albania

On October 28, 2026, the Albanian Council of Ministers issued Decree No. 822, published in Official Gazette No. 233, mandating a significant reduction in the Value Added Tax (VAT) mandatory registration threshold. Effective January 1, 2027, the annual turnover threshold triggering compulsory VAT registration will decrease from the current 10,000,000 lek to 5,000,000 lek. This

The Albanian Ministry of Finance and Economy published the draft 2027 Fiscal Package on October 27, 2026, outlining structural tax reforms scheduled for parliamentary debate before year-end. The package centers on three pillars: consumption tax broadening via the VAT threshold reduction (Decree No. 822), enhanced enforcement through revised penalty regimes under Law No. 9920/2008 on

On 24 October 2026, the Albanian General Directorate of Taxes (Tatime.gov.al) launched a comprehensive redesign of its official tax portal, aiming to streamline digital compliance for businesses operating in Albania. The updated platform introduces revised e-filing workflows for VAT returns, corporate income tax declarations, and social security contributions, aligning with the government’s broader digitalization strategy

On 23 October 2026, the Albanian Ministry of Finance published the preliminary consolidated fiscal performance report covering the first nine months of 2026 (January–September). The release fulfills the statutory reporting requirements under Article 22 of the Organic Budget Law (Law No. 9936/2008) and the Law on Financial Management and Control, which mandate quarterly updates on

Published on 19 October 2026, this guide outlines the critical first 30 days when an Albanian business engages an external certified economist (accountant) to manage tax compliance. Under Law No. 29/2023 on income tax and Law No. 92/2014 on VAT, the economist assumes responsibility for timely filing, accurate calculation of profit tax (15.1% standard rate),

On 18 October 2026, Alprofit Consult published an analysis of the e-Albania portal’s new module for recording business damage caused by natural disasters or infrastructure failures. This procedure is essential for companies seeking tax relief under Article 41 of Law No. 29/2023, which allows deduction of documented losses from taxable profit. The guide highlights procedural

On 8 October 2026, the Steering Committee of the “Local Finances” project convened under the chairmanship of Deputy Minister of Finance Endrit Yzeiraj to review the project’s achievements throughout 2026. The initiative, supported by the Ministry of Finance and international partners, aims to modernize local government financial management, enhance own-source revenue collection, and align municipal

On October 6, 2026, the Albanian General Directorate of Taxes (GDT) published critical guidance regarding the October 31, 2026 compliance deadline that marks the termination of two significant tax obligations and the adjustment of key monetary thresholds affecting businesses across Albania. This announcement, issued under the authority of Law No. 29/2023 on Income Tax and

On October 4, 2026, the Albanian Ministry of Finance and Economy released the officially consolidated version of Law No. 92/2014 “On Value Added Tax” incorporating all amendments enacted through September 2026. This comprehensive update serves as the single authoritative reference for VAT compliance in Albania, replacing the fragmented series of amending acts that created interpretation

On October 1, 2026, the Albanian National Accounting Council (KNK) issued Directive No. 18/2026 establishing mandatory accounting and financial reporting standards for the construction sector, effective for fiscal years beginning on or after January 1, 2027. This sector-specific framework addresses long-standing gaps in applying International Financial Reporting Standards (IFRS 15 “Revenue from Contracts with Customers”