TOURISM SECTOR
Tourism is one of the most important sectors and it generates significant amounts of revenues to the state budget, the entrepreneurial and the sector budget. According to the Economic Impact of Travel and Tourism Report 2020, of the World Travel and Tourism Council (WTTC), during 2020, the tourism sector recorded a direct contribution to GDP of ALL 169.7 billion, with an overall contribution of 10.6% of the total economy. Referring to the same report, in 2020 the tourism sector created 194 600 new jobs which is about 17.5% of the total employment in Albania. Investments in this sector accounted for about 7.5% of all investments in the country, while by 2028 this figure is projected to increase to 8.2%
6% VAT
touristic accommodation facilities and agrotourism
0% TAX
corporate income tax on impact in infrastructure tax on buildings
99 YEAR
lease of public land