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.
Tourism incentives - VAT Reduction
- Economy name
- Albania
- ID
- A28
- Incentive name
- Tourism incentives - VAT Reduction
- Brief description
-
Supplies of services in the accommodation
facilities '’Five stars hotels/resorts, with
special status’', the holders of
internationally recognized and registered
trademark (brand name) are exempted from VAT, while acommodation services are subject to a
reduced VAT rate of 6 percent
- Legal reference name
- Law No.71/2017 "On an addition to Law nr.92/2014 "On the Value Added Tax in Albania", amended
- Legal reference
law section / article -
Article 7
In Article 27, point 6, point 7 the following content is added:
"7. Investments made for the construction of accommodation structures such as "Hotel/Resort with five stars, special status," as defined by tourism legislation and holding a registered and internationally recognized brand name, are exempted from paying this tax.
- Incentive group
- Financial
- Incentive category
- Value Added Tax (VAT)
- Economy-wide/Sector-specific
- Sector-specific
- Sector (Simplified)
- Tourism
- Sector (NACE)
- I ACCOMMODATION AND FOOD SERVICE ACTIVITIES
- 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
- Tourism Promotion
- In case of grant, share of grant in investment (in %)
- Contact Info
- Address "Skanderbeg Square" 6, 1001 Tirana
- Weblink to Incentive information in English
- Click to open
- Weblink to Incentive information in local language
- Click to open
- Eligibility criteria
description -
Supplies of services in the accommodation
facilities '’Five stars hotels/resorts, with
special status’', the holders of
internationally recognized and registered
trademark (brand name) are exempted from VAT, while acommodation services are subject to a
reduced VAT rate of 6 percent
- Eligibility criteria
weblink - Click to open
- Awarding Authority (Name)
- Ministry of Tourism and Ministry fo Commerce in Albania
- 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 Tourism and Ministry fo Commerce in Albania