<\/span><\/h2>\n\n\n\nThe Albanian government has introduced a number of significant tax incentives to support businesses in the post-pandemic economic recovery. <\/strong>The most relevant measures include the zeroing of VAT for companies with an annual turnover of up to approximately EUR 80,000. <\/strong>This initiative aims to reduce the tax burden on small and medium-sized enterprises, thus facilitating their ability to reinvest profits and support employment. The abolition of VAT for these companies is a strategic move to stimulate economic growth and competitiveness in the internal market.<\/p>\n\n\n\nIn addition to zero VAT<\/strong>, the government introduced a zero taxation policy for key sectors of the Albanian economy such as IT, agribusiness and agricultural cooperation companies. The IT sector,<\/strong> which is an engine of innovation and development, benefits from this facilitation in order to attract investment and talent, thus favouring the creation of new jobs and increased exports of digital services. Zero taxation for the agri-food sector and agricultural cooperation companies, on the other hand, aims to strengthen the local production chain, improving the competitiveness of Albanian products on both domestic and foreign markets.<\/p>\n\n\n\nThese tax measures are part of a broader strategy to stabilise and boost the national economy. The incentives are designed to foster business resilience, promote innovation and support sustainable growth. Through these concessions, the Albanian government aims to create a business-friendly environment, stimulate entrepreneurship and attract foreign investment,<\/strong> thus contributing to a robust and lasting economic recovery.<\/p>\n\n\n\nIn the context of post-pandemic, Albania<\/strong> implemented a series of targeted tax incentives to support the recovery of the tourism and agriculture sectors, both of which were particularly hard hit by the global health crisis. These measures were designed to boost the economy, encourage investment and promote the sustainable development of strategic sectors.<\/p>\n\n\n\n<\/span>Zero Taxation for Hotel Facilities and Agri-Tourism<\/span><\/h2>\n\n\n\nOne of the main initiatives is the introduction of zero taxation for 4- and 5-star hotels, as well as for agri-tourism activities. This measure is aimed at making Albania an internationally competitive tourist destination by incentivising the construction and renovation of high quality accommodation facilities. The aim is to attract more visitors, thus increasing revenue for the tourism sector and contributing to the country's overall economic growth.<\/p>\n\n\n\n
<\/span>Reduced VAT for Hospitality and Agritourism<\/span><\/h2>\n\n\n\nA further significant step is the reduction of VAT to 6% for hospitality and agrotourism services. This measure aims to reduce operating costs for entrepreneurs in the sector, allowing them to offer more competitive prices and reinvest the savings in improvements and expansions of their activities. By reducing the tax burden, the Albanian government hopes to stimulate domestic and international demand for these services, encouraging a faster and more sustainable recovery of tourism.<\/p>\n\n\n\n
<\/span>VAT Exemption for Strategic Imports<\/span><\/h2>\n\n\n\nTo further support the agricultural sector and other strategic sectors, Albania has introduced VAT exemption for the import of agricultural products, raw materials in the pharmaceutical industry and investments in solar energy.<\/strong> This measure is aimed at reducing production costs and encouraging the adoption of sustainable technologies. The VAT exemption for imports of agricultural products results in increased competitiveness for local farmers, while the relief for pharmaceutical raw materials and solar energy promotes innovation and environmental sustainability.<\/p>\n\n\n\nThese fiscal measures represent a strategic intervention to support Albania's economic recovery, promoting investments in key sectors and contributing to the creation of a more resilient and sustainable economic environment.<\/p>\n\n\n\n