Albania applies a flat tax of 15% on any kind of revenue generated in its territory (personal income tax, corporate income tax, withholding tax, dividend etc.). Except for the labor taxes with follow a progressive regime with tree lines: 0%, 13% and 23%.
Film studios and cinematographic productions, licensed and funded by the National Cinematographic Center, are exempt from corporate income tax.
Albania applies a flat tax of 20% for every kind of sales on the consumtion.
Albania applies foreign tax credit rights even in cases where no double taxation treaty exists with the country in which the tax is paid. If a double taxation treaty is in force, double taxation is avoided either through an exemption or by granting tax credits up to the amount of the applicable Albanian corporate income tax rate (currently 15%).
Fiscal losses can be carried forward for three consecutive years (the first losses are used first). However, the losses may not be carried forward if more than 50% of direct or indirect ownership of the share capital or voting rights of the taxpayer is transferred (changed) during the tax year.