Stories
Slash Boxes
Comments

SoylentNews is people

Submission Preview

Link to Story

Zero Taxes for Startups in Albania

Accepted submission by Phoenix666 at 2015-11-19 14:14:47
Techonomics

The Prime Minister of Albania Edi Rama announced [digjitale.com] on a press conference [ata.gov.al] that the government has cut taxes to zero for small businesses whose annual turnover is between 0 – 50.000.000 Albanian LEK, or around 36,400 Euros.

“All businesses that have an annual turnover no more than 36,000 Euros in a fiscal year, will not pay any tax. While any other business that has a turnover between 36,000 – 58,200 Euros (Approximate value), while remain subject to VAT, while the tax on profit while drop from 7.5% to 5%.

Shqip should be easy enough to learn...


Original Submission