To keep you up-to-date with the latest economic and financial developments, this bulletin prepared by our Tax Team provides information that may affect the operation of your business in Albania.
New minimum monthly salary
Effective from the 5th of May 2017, the minimum monthly salary amount per country level is increased to Leke 24,000.
This increase is introduced upon decision no. 399, dated 03.05.2017 of the Council of Ministers "On the determination of minimum wage on country level".
The minimum monthly salary corresponds to a monthly working period of 174 hours. Based on the new monthly salary amount, the minimum hourly salary becomes Leke 138.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.