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Albania

Company Formation and Related Services

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Buying a European shelf company with VAT number

Whenever you need to start doing business immediately in a European country and you need a company with a VAT number, you don’t have to wait for the bureaucratic procedures.

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Partner Law Firms

We encourage you to contact our partner law firms in Bucharest: Rolegal and E&C, both part of our legal network.

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Tax Minimization Structures

BridgeWest is specialized in special corporate structures designed for tax minimization. No matter where you want to incorporate your company, you will need to consider how you can legally minimize costs.

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VAT in Albania

October 21, 2011, 5:18 pm
BridgeWest

1. What is the VAT rate in Albania?

The standard VAT rate in Albania is 20%. There is however an exception when it comes to the export of goods and services. These are not subject for VAT in Albania. On the other hand, the import of goods and services in Albania is generally taxed at the 20% rate, but some imported goods may be subject to a VAT that is calculated on the basis of a minimum pricelist approved by the government in Albania.

2. How can I get a VAT refund in Albania?

In order to avoid paying the tax several times, the VAT in Albania can be recovered at the end of each year if you keep the invoices from the last 12 months. Any person who has registered for VAT can claim a refund if the relevant amount has been carried forward as a VAT credit balance for the following three months and if at the same time the amount claimed is over 400,000 ALL. The procedure consists of filing a “Request for Refund” form with the local tax authority. The refund can be approved within 30 days.  Anyhow, there are some business sectors in Albania that do not have the VAT refunded.

3. How can I register for VAT in Albania?

For a company to register for VAT in Albania, there are some documents that must be submitted with the local tax authorities. The registration procedure requires the Articles of incorporation, the court decision on the company’s establishment, Statute, certificate from Chamber of Commerce, the contract with the Institute of Social Securities, and the final statement on the payment of local fees. The registration is complete when the company has a VAT number and a fiscal certificate. 

4. How does intra-community VAT work in Albania?

Since Albania is not a member of the European Union, there is no such thing as an intra-community VAT here. However, Albania signed an international agreement with the EU on trading in 2006, facilitating the commerce between Albania and the member states.

BridgeWest offers company formation in Albania, including virtual office and other related services.



Open Business in Albania
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Company Formation in Albania

Tirana

BridgeWest provides company formation services in Albania. Our assistance includes:

> drafting the Articles of Association (necessary for the company incorporation in Albania);
The Articles of Asso ... [More]

Accounting Firm Albania

Tirana

BridgeWest provides accounting services in Albania through our affiliates in Tirana and Albania’s main cities. Our main areas of expertise include the following:

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