Albania Highlights:
- A sponsorship solution is the most efficient and effective way to deploy local and foreign employees in Albania.
- 1WB offers a sponsorship solution ensuring full compliance with country’s regulations.
- The whole deployment process for foreigners takes about 5 weeks whereas for locals within 1 day.
- Handling payroll processing, immigration and taxes compliantly, swiftly and cost efficient.
- Personal income tax is deducted at source, taking into account the following band rates:
Taxable Income (ALB LEK) | Tax Rate % |
---|---|
0 - 30,000 ALL | 0% |
30,000 - 150,000 ALL | 13% |
> 150,000 ALL | 23% |
- Corporation tax is flat rate at 15%.
- VAT is charged at the standard rate of 20%.
- Social security contributions, explain as follows:
Contribution Type | Employer % | Employee % | Self Employed % |
---|---|---|---|
Social Security | 15% | 9.5% | 23% |
Health Insurance | 1.7% | 1.7% | 3.4% |
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Work permit - An initial work permit can be granted for a maximum period of 1-5 years depending on the type of permit. The certificate of work permit is valid to work in Albania for an undefined period of time, but the foreigner should also have a resident permit. 1WB can sponsor work permits for foreign employees and the processing time is about 2 weeks.
Exemption from Work Permit EU citizens are exempted from the obligation to obtain a work permit during their work in Albania, however this category of expatriates is required to obtain the “Exemption from Work Permit”, which is a document released by the Labour Office after submission of the complete documentation. - Resident permit - If the employee is an EU citizen no visa is required. He/she is allowed to stay for 90 days in Albania and for this reason a resident permit must be applied. The resident permit requires about 2 weeks to be issued. Firstly, the employee will get a temporary one for 3 months until the one-year permit is ready.
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Registering with the Authorities -
For local employee With the tax authorities just once.
For EU citizen Once with the tax authorities and work permit. With regards to the resident permit it is issued for one year and at the end of the first year it can be renewed for 2 years.
For a non-EU citizen The same as EU citizen, but has visa requirements, invitation etc.