WB6 IIP
Western Balkans Six
Investment Incentives Platform
The Western Balkans Six Investment Incentive Platform is the first of its kind in the region, providing detailed information on available incentives in each of the WB6. It is one of the key measures under the Regional Investment Area, which is part of the Common Regional Market Action Plan 2021-2024.
Developed with input from Investment Promotion Agencies (IPAs) across the region, the platform includes both financial and non-financial incentives, categorized by type, sector, and target audience.
It provides comprehensive information for investors looking to invest in the WB6. As an evolving resource, the platform will be updated every six months to ensure it remains current and relevant.
Agricultural incentives - VAT reduction to 10%
- Economy name
- Albania
- ID
- A22
- Incentive name
- Agricultural incentives - VAT reduction to 10%
- Brief description
- A reduced rate of VAT of 10 percent is applied to the supply of agricultural inputs, which includes chemical fertilizers, pesticides, seeds and seedlings, with the exception of hormones
- Legal reference name
-
Law no. 85/2019 “On some
additions and amendments to the
Law no. 92/2014 ‘On value added
tax’, as amended”, part of Fiscal
Package 2020, Official Gazette of Albania no. 184,
31.12.2019
- Legal reference
law section / article - Not available
- Incentive group
- Financial
- Incentive category
- Value Added Tax (VAT)
- Economy-wide/Sector-specific
- Sector-specific
- Sector (Simplified)
- Agriculture
- Sector (NACE)
- A AGRICULTURE, FORESTRY AND FISHING
- Size of firm that can use incentive
- All sizes of firms
- Level at which incentive is available
- Economy-wide
- Ownership of firm that can use incentive
- Any
- Incentive location
- General
- Main objective of the incentive
- Green transition
- In case of grant, share of grant in investment (in %)
- Contact Info
- Street "Dëshmorët e Kombit" Nr.3, Tirana 1001
- Weblink to Incentive information in English
- Click to open
- Weblink to Incentive information in local language
- Click to open
- Eligibility criteria
description - All registered agricultural producers are entitled to a reduced VAT rate
- Eligibility criteria
weblink - Click to open
- Awarding Authority (Name)
- Ministry of Finance, Ministry of Economy and General Directorate of Taxes
- Application procedure + Weblink (where available)
- The procedures are defined by the legislation and applications must be submitted in a paper form
- Implementing Authority (Name)
- Ministry of Finance, Ministry of Economy and General Directorate of Taxes