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 - Corporate Income Tax (CIT) Reduction
- Economy name
- Albania
- ID
- A23
- Incentive name
- Agricultural incentives - Corporate Income Tax (CIT) Reduction
- Brief description
- A reduced profit tax of 5 percent is applied to taxpayers certified as agritourism subject and cooperative societies
- Legal reference name
- Law No. 29/2023 “Income Tax” (“the new law”) dated 30 March 2023 was published in Albania’s Official Gazette 02/2023
- Legal reference
law section / article -
Article 69
Transitional Provision
The tax reliefs and exemptions provided for in Law No. 8438, dated 28.12.1998, "On Income Tax," as amended, continue to apply as follows:
a) For individuals engaged in certified "agritourism" activities according to the current tourism legislation, the 5% income tax rate will apply until December 31, 2029;
b) For entities operating in accommodation structures "Hotel/Resort with four and five stars, special status" as defined by tourism legislation and holding a registered and internationally recognized brand name, the exemption from corporate income tax will continue to apply according to the provisions of letter "g" of Article 18 of Law No. 8438, dated 28.12.1998, "On Income Tax," as amended;
c) For entities engaged in economic activities according to Law No. 38/2012 "On Agricultural Cooperative Societies," the 5% income tax rate will apply until December 31, 2029;
ç) For legal entities registered before the entry into force of this law, which are engaged in economic activities for the production or development of software, the 5% profit tax rate will apply until December 31, 2025;
d) For entities engaged in economic activities in the automotive industry, the 5% income tax rate will apply until December 31, 2029;
dh) For:
i. individual traders;
ii. the self-employed, and;
iii. entities:
with gross income up to 14 million ALL per year, the 0% income tax rate will apply until December 31, 2029. The 0% tax rate does not apply to taxpayers specified in subdivisions "ii" and "iii" of this letter who provide professional services. The detailed list of professional services is determined by a decision of the Council of Ministers in accordance with the current legislation regulating these professional services.
- Incentive group
- Financial
- Incentive category
- Corporate Income tax (CIT)
- 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 CIT 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 upon the agreement signed with the investor
- Implementing Authority (Name)
- Ministry of Finance, Ministry of Economy and General Directorate of Taxes