Albania new VAT law guidance

Sun 22nd Feb 2015

Albania has issued fresh guidance on its new VAT law. The issues covered include:

  • How foreign companies can recover local VAT suffered when not VAT registered
  • Details of VAT rates and exemptions for a ranges of goods and services
  • Invoice requirements for inclusion in the accounting records to support VAT returns
  • Recording the movement of goods entering Albania, and the required permits