Armando Panvini Rome, 23.11.2015
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Armando Panvini
Rome, 23.11.2015
Wh
y A
lban
ia
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Why invest in the country of Eagles?
Albania is a great destination for investments.
A country that is quickly implementing reform measures with special regard to
business fluency, thanks to its excellent strategic position, free market access,
low taxation, big incentives and a competitive workforce price.
Some advantages of investing in Tirana and surroundings;
1. Great openness towards european and global markets;
2. Free market;
3. Favourable environment, conditions and costs;
4. A variety of investments possibilities;
5. Legal support to foreign companies during the early
stage as well as in case of disputes;
6. Qualified and highly creative workforce
7. Low labour price
8. Favourable taxation system
9. Quick infrastructures development
10. Political stability has been reached
Wh
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Economia
Valuta Lek albanese
PIL (nominale) 12 688[4]
milioni di $
(2012) (125º)
PIL pro
capite(nominale)
3 913 $ (2012)
(108º)
PIL (PPA) 25 930 milioni di $
(2012) (117º)
PIL pro capite(PPA) 7 997 $ (2012)
(100º)
ISU (2011) 0,749 (alto) (70º)
Fecondità 1,5 (2011)[5]
Consumo
energetico
0,21 kWh/ab. anno
Today, Albania is a stable country and in an extremely interesting development and
growth phase. The country, thanks to the italian support, goes towards a future
membership in the European Union in a clear and planned path.
During the last years the country has witnessed
very important changes, before the global crisis,
up to 2010, had a consistent GDP growth tax,
always superior than +6%.
Albania has inevitably suffered global crisis,
but last figures highlight 1,65% GDP growth,
(1st trimester 2014), while 2013, with a 0,48%
increase, has been the worst year. (source:INSTAT)
Pro
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BU
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Why invest in Albania. With a growing market and a stable economic, political
and legal structure, as well as a liberalised economic environment and good
conditions for business, Albania is an attractive country for investors.
Albanian goverment has taken a wide variety of structural reforms to enforce
constitutional state and to create an internationally competitive business climate.
A new economic model has been implemented, with special interest in
production and exports through important structural reforms.
A further reform of the general economic context, so called "business climate", is
in place to better share growth opportunities with foreign investors.
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Competitive Human Resources
• 57% of population in Albania is below 35 years;
• in the region, average salary in Albania in one of the most competitive;
Minimum wage is the lowest in the Balkans;
• Albania has over 1 million professionals well educated and highly motivated;
• English, italian and greek are all widely spoken languages while french and
german are taught in schools;
• Every year, more than 100.000 students apply to university.
Promising sector-specific opportunities
Albania has a wide range of public-private investment opportunities. Presents
also, broad convenience in stable and growing sectors like: Production,
Energy, Agricoltural, Mechanicals and Tourism.
Structural reforms
Government is launching important refoms to enhance growth of foreign
investments quota:
• Technical and economic development areas
• New PPP law
• strategic investments law
• Tourism law
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ia
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Business climate and economic freedom
Last year, Albania has been climbing 40 positions (from 108 to 68) in the World Bank
report "Doing Business 2015", ranking particularly well in three indicators:
•tax payment,
•property registration,
•Investors protection (ranking 7nth of the world and best Balkan region).
According to EBRD, Albania has been the best reforming country of 2014, having
scored higher points in commerce, tax freedom and with investments.
Source: The Heritage Foundation's - 2015 Index of Economic Freedom
Op
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Economical zones are…
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Acti
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Albania offers not only a highly qualified workforce, but also one of
the lowest labour cost in the region. Relationships between
employees and employers are governed by individual job contracts.
Albania adheres to all the existing international conventions about
basis of work by organizations for protection of workers' rights.
Minimun wage in Albania is 22.000 ALL per month, more or less.
157 Euro. Basic minimum monthly wage is given for 8 hours of work
per day. Average salary (public and private sectors) is 36.075 ALL
monthly, more or less 266 euro.
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A package of captivating incentives is available to companies deciding to
develop their own business in Albania.
A wide choice of combinations allowing companies to develop and enhance their
own business in line with their own model and - where possible - improve it.
The opportunities:
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Incentives to investments in Albania
Incentives offered by the National Employment Agency
Tax Exemption on company profits
Tax credit for profits
Temporary tax exemption on concessions' profits
Losses report
Agreements preventing double taxation
Tax exemption on salaries and social security contributions
Tax deduction on yearly incomes
VAT Exemptions for free zones
Imports free of customs duties
Local incentives
Pro
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According to aforementioned opportunities and considerations now is
possible to...
...actually evaluate opening to Albania market both as a bridge to Eastern
Europe markets and as eventual market for further commercial developments
for product sale in Italy and UE;
...define an operative plan to establish a new company located in Albania;
...plan a visit in the country for an inspection and first contacts with competent
authorities/administration;
...evaluate an external structure support in order to manage project and start up;
Pro
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Alb
an
ia
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NC
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Three good reasons to evaluate development of your production management in Serbia...
Investments safety
More favourable conditions for enterprises activity
Real chance to reach financial advantages in short/medium time
For more informations and to receive the complete dossier
"Investing IN Albania"
e-mail to: [email protected]
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