Top 10 Reasons to Invest in Albania


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

Top 10 Reasons to Invest in Albania Top 10 Reasons to Invest in Albania Monday, August 04, 2014 Rating: 5
Powered by Blogger.