Round table on VAT Reimbursement Strategy and Informality in 2019

April 10th, 2019

Tirana, Wednesday, 10 April 2019 / Ministry of Finance and Economy in cooperation with the Secretariat of Albania Investment Council held a consultation table with around 20 companies, chaired by the Minister of Finance and Economy, Ms Anila Denaj. Purpose of this roundtable was holding an open discussion with companies from the sectors of agri-processing,  active inward processing regime (fason regime) …


Investment Council Meeting – ‘On Inspections’

January 29th, 2019

Tirana, Tuesday, 29th January 2019 / Albania Investment Council (IC) held a regular meeting “On Inspections” chaired by the Minister of Finance and Economy, Ms Anila Denaj. In her speech, Minister Denaj said that one of the priorities of the government is to create a favourable business climate. She underlined the importance of formalization through the establishment of fair rules, …


On Legal and Institutional Framework in Tourism

December 14th, 2018

In follow up of the discussions held “On Formalization and Competitiveness in Tourism” during IC Meeting XIV (15th October 2018), Secretariat publishes a paper underlining a summary of the legal framework in the field of tourism, relevant institutions and their competences, as well as the concrete incentives applicable to entrepreneurship in the field of tourism.

The tourism industry has increased its …


Investment Council – “On the Formalization and Competitiveness in Tourism”

October 15th, 2018

Tirana, Monday, 15 October 2018 / The Investment Council (IC) held a regular meeting chaired by the Minister of Finance and Economy, Mr Arben Ahmetaj. The agenda for this meeting was “On Formalization and Competitiveness in Tourism.” In his speech, IC Chair, Minister Arben Ahmetaj said that “Although the tourism sector has a substantial growth, its formalization remains a challenge …


Focus Group Meeting 'On Formalization and Competitiveness in Tourism' (28 September 2018)

Secretariat holds consultation meetings with key stakeholders ‘On Formalization and Competitiveness in Tourism’

September 28th, 2018

In the framework of the upcoming Investment Council meeting ‘On Formalization and Competitiveness in Tourism,’ the IC Secretariat has organized consultation meetings with representatives of central/local government, tourism associations, chambers of commerce, etc. In early July 2018, a survey was launched by the Secretariat with focus on ‘Informality and Competitiveness in the Tourism Sector,’ covering issues related to i) fiscal …


Detailed legal information on 11 different categories of taxpayers, GTD-EBRD

September 11th, 2018

General Tax Directorate (GTD) with the support of European Bank for Reconstruction and Development (EBRD) has undertaken a wide information campaign for taxpayers through the use of information platforms which provide complete and detailed information on 11 different categories of taxpayers (GTD News, September 2018).

Lack of updated information on tax legislation and liabilities has been reported to the Secretariat of …


National park of Thethi, Northern Albania

On Informality in Tourism

September 3rd, 2018

In its upcoming meeting (late September 2018), Albania Investment Council will discuss ‘Informality and Competitiveness in the Tourism Sector’. In this framework, the Secretariat is conducting an analysis to identify and highlight main business concerns and provide relevant recommendations to address issues related to informality in the sector. The focus of the Technical Note will be mainly on the main …


Picture: Unknown Lady Justice on the Old Bailey in London

Some models of Investor Grievance Mechanism

August 3rd, 2018

Secretariat of Albania Investment Council publishes a material prepared in the framework of Investment Council Meeting XIII (18 June 2018), where it was discussed the “Legal Framework on Investments, Current Debates and Challenges.” Purpose of the meeting was to discuss the current legal framework on investments and to facilitate the process of preparing a legal framework harmonized with good international …


Investment Council – For a Simplified Legal Framework ‘On Investments’

June 18th, 2018

Tirana, 18 June 2018 / On Monday, Albania Investment Council (IC) held a regular meeting chaired by the Minister of Finance and Economy, Mr Arben Ahmetaj, with the special participation of EBRD Vice President, Mr Alain Pilloux, and new EBRD Director for Western Balkans, Ms Zsuzsanna Hargitai. In the agenda of this meeting was ‘Legal Framework on Investments in Albania, …


Launching of the Regional Investment Reform Agenda for the Western Balkans Six (RIRA)

June 4th, 2018

In May 2018, in Tivat, Montenegro, Ministers of Economy of the six Western Balkan countries approved a Ministerial Statement, in the framework of the implementation of Regional Multi-Annual Plan (MAP REA). Regional Investment Reform Agenda (RIRA), part of REA, was drafted by the working group of the Investment Committee of the South East European countries (SEEIC/JWGI) with the support of …


Investment Council is supported by the Ministry of Finance and Economy, the EBRD and the Swiss State Secretariat for Economic Affairs (SECO)