A fast reforming country with focus on the ease of doing business, with its excellent strategic location, free market access, low taxes and great incentives, as well as a motivated, educated and cost competitive work force, Albania is an excellent investment destination.
1. Strategic Location in Southeastern Europe- Access to Markets in Europe and the Balkan region
Located in the center of natural crossroads of major corridors in Europe
Pan European corridor VIII
Entry gate with 4 ports: Durres, Vlora, Shengjin, Saranda:
-Port of Shengjin is potentially one of the deepest (25 m) in the region and in the Mediterranean Sea.
2. FREE MARKET ACCESS
The Albanian economy is now completely open and characterized by fully liberalized trade
The most resilient of South-Eastern European economies
The only economy in the region that did not go through a recession period
3. BUSINESS – FRIENDLY ENVIRONMENT
Tax benefits and incentives in investment strategic sectors
Online tax system
Business legal framework in compliance with EU legislation
4. ONE STOP – SHOP MODEL
Registration of the new business is one 24 hours at no cost
Fast & transparent business licensing, by the National Licensing Center
5. LARGE SELECTION OF INVESTMENT OPPORTUNITIES
Opportunities of investments with public – private partnership
Opportunities of investments in areas with stability and sustainable growing sectors
Renewable Energy Tourism Agriculture
Manufacturing Transport & Logistics ICT Services Mining Industry
6. SUPPORTIVE FDI LEGAL FRAMEWORK
No prior government authorization
All sectors open to foreign investors
No limitation or restrictions for foreign companies 100 % foreign ownership possible
No restrictions on profit and capital repatriation Special state protection
7. COMPETITIVE WORKFORCE ABILITY
In foreign languages, (English, Italian and Greek are widely spoken. French and German included in the education system)
57 % of the population under the age of 35
Over 1,071,948 young, well-educated and motivated professionals
Approximately 116.292 students registered in University annually
One of the lowest minimum wages in the region 157 Euro
8. FAVORABLE TAX SYSTEM
Corporate tax rate15%
Personal tax rate0 – 23 %
Treaties for the Avoidance of Double Taxation with over 30 countries
Non distinction between foreign and domestic investors
9. FAST IMPROVING INFRASTRUCTURE
Rapidly development infrastructure in transportation, telecommunication and energy
Well-developed and low-cost sea transport facilities
Well-established transportation routes and direct delivery mechanism to most of the EU countries
10. RECOMMENDED TOURIST DESTINATION
Albania is listed 4th on “52 Places to Go in 2014”by New York Times
Top Destinations 2012- ‘Frommer’s Travel Guide’
The first of the 10 best places to visit 2011- Lonely Planet