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.
"Zero" Value Added Tax (VAT) Rate
- Economy name
- Albania
- ID
- A35
- Incentive name
- "Zero" Value Added Tax (VAT) Rate
- Brief description
- With the "Zero" VAT rate measure, certain goods and services are taxable, but the tax rate applied is 0%, allowing businesses to reclaim any VAT they have paid on related expenses.
- Legal reference name
- Law No. 92/2014 dated 24.07.2014 "On VAT in Albania"
- Legal reference
law section / article -
Article 57-67 Article 57: Exports - Zero VAT is applied to the export of goods from Albania.
Article 58: Goods in Personal Luggage of Travelers - Zero VAT is applicable to goods carried in the personal luggage of travelers, provided certain conditions are met.
Article 59: International Transport - Zero VAT is applied to the international transport of goods and passengers.
Article 60: Supplies Similar to Exports - Zero VAT is applied to supplies of goods and services that are treated similarly to exports under this law.
Article 61: Supply of Gold to the Bank of Albania - Zero VAT is applied to the supply of gold to the Bank of Albania.
Article 62: Intermediary Services - Zero VAT is applicable to intermediary services related to supplies that are subject to the zero rate.
Article 63: Definitions Related to International Trade - Definitions related to transactions in international trade and customs warehouses are provided, setting the context for zero VAT applicability.
Article 64: Customs Regimes and Similar Transactions - Zero VAT is applied to transactions related to customs regimes and similar scenarios.
Article 65: Supplies of Goods for Ships - Zero VAT is applied to supplies of goods destined for ships.
Article 66: Other Conditions - Additional conditions under which zero VAT may be applied are specified.
Article 67: Related Services - Zero VAT is applied to services related to transactions that qualify for zero VAT under the aforementioned articles.
- Incentive group
- Financial
- Incentive category
- Value Added Tax (VAT)
- Economy-wide/Sector-specific
- Economy-wide
- Sector (Simplified)
- All sectors
- Sector (NACE)
- N/A
- 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
- Increase competitiveness
- 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
- Weblink to Incentive information in local language
- Click to open
- Eligibility criteria
description - Legal entities qualify for the zero VAT rate when engaging in activities such as exporting goods, providing international transport, supplying goods and services similar to exports, supplying gold to the Bank of Albania, and conducting specific transactions under customs regimes and related intermediary services.
- Eligibility criteria
weblink - Click to open
- Awarding Authority (Name)
- Ministry of Finance, General Directorate of Taxes and Council of Ministers
- Application procedure + Weblink (where available)
- The official requests must be submitted to the General Directorate of Taxes with all additional documents.
- Implementing Authority (Name)
- Ministry of Finance, General Directorate of Taxes and Council of Ministers