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.
Exemption of Value Added Tax (VAT) for the Supply of Agricultural Machinery
- Economy name
- Albania
- ID
- A46
- Incentive name
- Exemption of Value Added Tax (VAT) for the Supply of Agricultural Machinery
- Brief description
- The VAT exemption for agricultural machinery is part of the broader fiscal measures implemented to reduce the financial burden on farmers and agricultural producer in order to modernize the sector and enable technological advancement
- Legal reference name
- Law No. 92/2014 dated 24.07.2014 "On VAT in Albania"
- Legal reference
law section / article -
Article 56, paragraph 38 Import of machinery and equipment:
a) for the realization of investment contracts with a value equal to or greater than 50 million lekë;
b) for the realization of investment contracts in the active processing and agribusiness sector, regardless of the value of the investment; and
c) import of production machinery by entities subject to simplified profit tax.
The list of machinery and equipment directly related to the investment, the exemption procedure, the relevant criteria, and the categories of economic operators included in the active processing and agribusiness sector, are determined by a decision of the Council of Ministers.
- 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
- 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
- Click to open
- Weblink to Incentive information in local language
- Click to open
- Eligibility criteria
description - Businesses importing such machinery must declare that the purpose of the import is not for resale but for use in agricultural production. The exemption is designed to support the modernization and efficiency of agricultural practices in Albania. The exemption applies to the import and supply of agricultural machinery and equipment directly used in agricultural production, such as tractors, plows, harvesters, and other essential equipment.
- 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 application needs to be submitted to the General Directorate of Taxation in a paper form
- Implementing Authority (Name)
- Ministry of Finance, General Directorate of Taxes and Council of Ministers