Business Accounting

Why us?

We can advise at many different points, including your business structure, creating financial statements, obtaining necessary licenses and permits, and even writing a business plan for activities in Albania and Region as well.

support

We support you with:

services

Bookkeeping and month-end close
Payroll services
Periodic management reports
Consolidation and group reporting
Profit center and cost center accounting
Control account reconciliations
Stock/inventory accounting
Maintenance of a fixed asset ledger
Other month-end adjustments such as accruals and prepayments

Our clients

Multinational Enterprises

Enterprises that search Local Partner for Statutory Representation and Reporting

International Companies

Companies that search for an experienced Partner to take over the financial side of the activity

Domestic Businesses

Freelancers

Insights

  • United Nations

  • NATO

  • OSCE

  • Council of Europe

  • World Trade Organization

  • World Health Organization

  • Organization of Islamic Conference

  • EU Candidate Country (since 2015)

Population: 2.9 million
GDP, 2019: EUR billion € 13.6.
GDP / capita: EUR € 4,700
Source: www.worldbank.org (2019)
Capital: Tirana
Capital Population: 0.8 M
Average Salary: € 485 EUR/Month
Min Salary: € 208 EUR/Month
Inflation Rate: 3 %

  • Agriculture

  • Factories for export purposes

  • Tourism

  • IT & Virtual Services

  • Real Estate

  • Renewable Energy

  • Transport and Logistics

  • Mining Industry

Corporate Income Tax – 15%
(Turn over bigger higher approx. €113,800)
Profit Tax on Small Business: 0%
Personal Income Tax (progressive tax -0% > €244, 13% > € 1057 > 23% )
Social Insurance -24.5%
Capital Gains Tax:15% (applied on Rental Income)

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