Albania Value Added Tax

• VAT in Albania is 20%.
  There are reduced rates of 6% for hotel services ad books A reduced 10% rate relates to agricultural products.
• VAT is payable on assets and services in Albania as well as on imports into Albania.
• Exports from Albania are exempt from VAT.
• Income from financial services such as insurance and banking services are exempt from VAT.
• Every business that had a turnover in excess of ALL 10 million in the previous 12 months must register with the VAT authorities.
• A 'VAT' bank account must be opened that will be used for payments of VAT and receipt of refunds.
• VAT reports are filed monthly.

Albania Real Estate Tax

• The rate of tax on real estate is 2%-8%.
• The rate is determined according to the location of the municipalities.

Albania Transfer Tax

• The tax is levied on transfer of real estate and vehicles.
  The tax is ALL 100-2,000 per square meter of buildings.

Albania Inheritance Tax