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Albania
Eurofast
The Albanian Minister for Standards and Services recently announced the closure of 95% of the public service counters by the end of April.
Eurofast
Through an ultimate update of the decision no.158 "On Determining the National Minimum Wage", on 12.03.2022, of the Council of Ministers, it was decided to increase the minimum monthly salary
Eurofast
A new online VAT refund platform, provided by the General Directorate of Taxes, is available in Albania since 7 March 2022. This platform will be used to create, track, and review any VAT refund claim made by taxpayers.
Eurofast
It was recently published on the Official Gazette of Albania, the decision to create an Electronic Register for NPOs.
Eurofast
Since the beginning of 2022, the Ministry of Finance has called on all businesses that have not yet become part of fiscalisation, to adapt their systems and become part of the process as soon as possible.
Eurofast
The Parliament of Albania recently announced amendments in the Law on the register of beneficiary owners, through a new draft law The changes made are substantial and directly affect the process...
Eurofast
The Albanian Minister of Finance presented the Fiscal Package of 2022 during the Parliamentary Assembly on Economy and Finance.
Eurofast
Pursuant to Fiscalisation reform for the declaration of business-to-business and business-to-consumer transactions, the General Directorate of Taxation has informed all taxpayers (subject to VAT)...
Kalo & Associates
While the use of DLT-based financial services is rapidly transforming the whole picture of financial markets for both market investors and market infrastructure providers...
Kalo & Associates
Distributed Ledger Technology (DLT) stock exchange is a centralized or decentralized DLT stock exchange, in which: Digital Tokens (DT) of services, DT of payments and DT of assets can be listed and traded.
Kalo & Associates
Innovative Technology Arrangements are considered the software and architectures which are used in designing and delivering Distributed Ledger Technology (DLT)...
Kalo & Associates
Arbitration is largely considered as an extremely effective alternative dispute resolution method which is nowadays successfully spread and used worldwide.
Kalo & Associates
The Albanian electricity sector has met another milestone towards a more liberalized and functional market. As of 1 April 2021, the Albanian Electricity Balancing Market Rules have entered...
Eurofast
A few days before the deadline for declaration of monthly ledger books and VAT balance, the Tax Administration has reminded the taxpayers subject to VAT about the correct manner of reporting the sales and purchase books ...
Kalo & Associates
A distributed ledger is a database that exists across several locations or among multiple participants.
Kalo & Associates
Bitcoin, blockchain, cryptocurrency burst onto the world stage in 2008, when the online posting of a pseudonymous white paper envisioned a new way to transfer value over the internet.
Kalo & Associates
While the use of DLT-based financial services is rapidly transforming the whole picture of financial markets for both market investors and market infrastructure providers ...
Eurofast
"Fitch Solutions", a well-known unit of the international rating agency "Fitch", published the latest risk report for the second half of 2021 for Albania.
Eurofast
The Fiscalization Reform, that started to be implemented in Albania since January 1st, 2021, for taxpayers who have direct commercial relations with state institutions, has also started officially...
Eurofast
In its most recent analysis, dated on May 21st 2021, the international rating agency "MOODY'S", evaluates Albania as a country with stable prospects and affirms Albanian Government's B1 rating.
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