Small Businesses Part of VAT Scheme Soon
Albanian Daily News
Published October 4, 2017
Starting from January 2018 even small businesses in Albania will be part of the VAT scheme. Prime Minister Edi Rama confirmed on Wednesday during a meeting in Fier that these businesses will be part of the war against informality.
"We will requires from the small businesses to be part of the war against informality. They will be involved in the VAT regime. We will not increase any taxes, just structure these businesses," said Rama.
This will be the first time for the small businesses to pay VAT. So far only those with a annual turnover ALL 8 millions must pay VAT.