Blog

Government Initiatives

The Fason Textile and Shoe Industry Package in 2014, gave a strong stimulus to the sector.

The government provides a symbolic fee of € 1 for lease contracts for the lease of state property in order to:

  • Manufacturing activities, with an investment level over 300,000,000 (three hundred million) Lekë, approximately 2.4 Million Euros
  • Active processing of goods, which will enable not less than 50 jobs
  • Immediate VAT refund, in the case of zero risk taxpayers, and refund within 30 days in the case of exporting taxpayers
  • Exemption from VAT on imports of machinery and equipment
  • Various funding incentives for on-the-job vocational training
  • Facilitation of customs procedures
  • Simplification of procedures on employment and social security
  • Zero VAT for the supply of service for processing non-Albanian goods intended for re-export. (Fiscal Package 2019)
Support