Rama gives the good news to Albanians: Small businesses will drop taxes by 2029!

Rama gives the good news to Albanians: Small businesses will drop taxes by 2029!

Prime Minister Edi Rama said that a $140,000 annual profit tax will be lifted for small business by 2029. The prime minister said this is a decision expected to be made soon, while the possibility of the VAT removal is being analysed. “We are working and one of the things [...]

The prime minister said this is a decision expected to be made soon, while the possibility of the VAT removal is being analysed.

 

 

And we're working and one of the things that I believe can be said today, is that we're very soon going to legalize that small business, every Albanian who creates jobs with a small business of up to $140,000 per ride will be tax-free by 2029. We'll take out the profit tax by 2029 and lift the profit tax we'll do it now. We're going to go for a new budget soon in Parliament and there on the fiscal package we're going to lift the profit tax. And by that day we will be clear”, the prime minister said.

Furthermore, Prime Minister Rama declared it is being viewed and analysed

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