Trade volume in 2011 rose by 23.9 % compare to 2010, with imports rising by 12.4% and exports by 20 %. During 2011 total imports amounted to 544,004 million ALL (3,867.09 million Euro million euro) and exports amounted to 197,459 million ALL (1,404.16 million euro). …
Read More »Doing Business IN ALBANIA
FOREIGN TRADE REGULATIONS
Albania applies a liberal trade regime while its foreign trade has been liberalized since 1990 and follows the guidelines set by the European Union and World Trade Organization. Albania has been a member of WTO since 2000 and applies WTO rules on import licensing. As …
Read More »COMPANY REGISTRATION AND BUSINESS LICENSING
Two major initiatives taken by the Government of Albania which aim to improve the business climate are the establishment of the National Business Registration Center (NRC) and of National Licensing Center (NLC). The legislation regarding business registration and licensing procedures is harmonized to EU standards …
Read More »LABOUR
Albania offers not only a highly skilled labour force but also one of the lowest labour costs in the region. Labour relations between employee and employer are regulated by individual employment contracts pursuant to the Labour Code of the Republic of Albania and Law no. …
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