Tax In Albania

A Contractor's Guide to Taxes : 

One of the most consistently challenging aspects of contracting in Albania is complying with the country’s tax system. As well as paying tax in Albania, you might also still be eligible to pay some tax in your home country, and understanding the legislation behind this can be a challenge. 

How do I calculate my taxable income: 

If you’re working in Albania under a permanent contract, many employers will handle your tax under the PAYE (pay-as-you-earn) system. This means that they calculate and process your taxes in Albania for you and then send you a net wage. Your income tax, public health insurance, social security and other deductions will all be covered by this payment. This is the easiest way to handle your income tax in Albania, but contractors may not be offered this service because of their short stay with each employer.

Anybody who can’t pay their tax in Albania through PAYE is left with the prospect doing everything themselves.

Do you know much about Albanian Tax Law? Does Albania have a tax treaty with your home country? You will need to find out or find someone who can help! Income tax in Albania can range from 0 to 23 percent, and you need to be sure you are placed in the correct tax brackets.

Tax Calculator: 

If you are a contractor and want a calculation on your tax and net retention in Albania, we can supply it to you free of charge. 

Using an Umbrella Company for Income Tax : 

Contractors in Albania are faced with masses of paperwork and numerous wasted hours filing a tax return unless they find an alternative option. An Albanian umbrella company can act as your employer during your stay in the country whilst still allowing you the freedom of a contractor. The only difference is that you submit your timesheets to them; they’ll calculate and pay your taxes as you earn, and then you receive a net wage (as well as documentation for your records).

The companies are experts in Albanian taxation, and they’ll ensure that you keep the largest proportion of your earnings whilst complying with local laws. They can deal with any issues with the Albanian tax office or tax department directly including processing your tax refund if you are eligible.

How We Can Help You with Tax: 

We work with numerous umbrella companies in Albania, many of whom are experts in tax and immigration laws. If you have any questions about tax in Albania, we’ll get the answers from them directly so you can rest assured you’ll be getting accurate information. We have comprehensive knowledge of the different services they provide, and can help you find the right company to handle your income tax. We help oil and gas workers, software developers, IT project managers, testers, business analysts and telecommunications contractors get tax efficient payments and sponsorship for their Albanian work permit.

Our advice is 100 percent free, and comes with no obligations. You will be paying taxes in Albanian lek but without the overhead of directly dealing with the Albanian tax authorities. Get in touch with us today for some reliable advice on tax in Albania!

 

When Do You Need to Lodge Your Tax Return?: 
30 April
Tax Filing Deadline : 
30 April
Can you file it online? : 
Yes, https://efiling.tatime.gov.al/cats_public/Account/LogOn (website link)
Currency: 
Albanian lek
Tax-free Threshold in: 
ALL30,000
Grossed Income: 
First ALL30,000
Tax Rate: 
0%
Grossed Income: 
Next ALL100,000
Tax Rate: 
13%
Grossed Income: 
Above ALL130,000
Tax Rate: 
23%
How long does it take to set up: 
5 days
How much does it cost: 
ALL60,460 - ALL65,460
Is it easy? : 
Starting a Business Rank: 45/190

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