Author Archives Fiaa User

Following the call of the Ministry of Finance and Economy, the FIAA’s Tax Committee members have continued the discussions on the reviewed draft instruction issued for the new law on Income Tax and provided feedback and suggestions to the Ministry and given specific comments on those issues which are considered important for the finalization of the Law.

Recently, this committee has gathered and discussed other relevant concerns related to other Laws such as, the Double Taxation and problems encountered with its implementation and interpretation from Tax Authorities. This Committee, in cooperation with the other Committees within FIAA is also working on the midterm review of the White Book 2021-2025, which will be part of a package of suggestions to be presented to the Authorities for a follow up.

FIAA’s Chairman Mr. Alessandro D’Oria and Board Member, Mr. Sokol Elmazaj had a discussion meeting with the Minister of Justice in Albania, Mr. Ulsi Manja. Main points of the discussions were focused on the cooperation that both institutions could intensify in the near future. The mission of FIAA is to foster dialogue and cooperation with the government and other institutions for a better investment climate and the Ministry of Justice as the National Coordinator for Anti-Corruption, would be a good starting point to work together, in particular to offer FIAA input to the fight against corruption, necessary reforms and mechanisms.

FIAA’s Executive Director, Ms. Marinela Jazoj held a courtesy meeting with H.E Mr. Niklas Ström, the newly appointed Ambassador of Sweden in Albania. During the meeting they discussed on the current business environment in the country and the role of FIAA Business Network on the improvement of the doing business climate towards a European entrepreneurship culture.

On October 3rd, the Prime Minister of Albania Mr. Edi Rama and the Minister of State for Entrepreneurship and Business Climate Mrs. Delina Ibrahimaj invited all business organizations in the “Deregulation and Business Climate” roundtable for a discussion and interaction to further improve the business climate.

Foreign Investors Association of Albania – FIAA is proud to be a testimonial of the ANTEA Cement in their recent achievement, the refurbishment of the Kruja Maternity Hospital “Stefan Gjoni“, as part of the Company’s Corporate Social Responsibility.

Ms. Marinela Jazoj represented Foreign Investors Association of Albania – FIAA in the Israel – Albania Business Forum organized in Tirana on September 7th, 2023.

This Forum convened over fifty commercial companies of both countries with the aim to attract investments and build connections in the fields Albania is focusing to develop on a national level, such as renewable energy, tourism, agriculture and water management, and cybersecurity.

In June 22^nd the Chairman of FIAA, Mr. Alessandro D’Oria participated to a official Reception with the Representatives of the EBRD Board of Directors who visited Albania from 21 to 23 June 2023. The purpose of these visits, which take place every three or four years, is to bring the Directors up to date with the progress of transition as well as to allow them to witness the impact of the Bank’s activities on this process and to become better acquainted with the domestic, foreign business and diplomatic communities in these countries.

Following the call of the Ministry of Finance and Economy, the FIAA’s Tax Committee have continued the series of meetings and discussions on the draft instructions issued for the new law on Income Tax and other relevant documents, to become effective from January 1^st, 2024.

Executive Director Ms. Marinela Jazoj welcomed in the FIAA’s premises the representatives of the Trade Promotion Agency of the Principality of Asturias, Spain, ASTUREX, Mr. Bruno Lopez, Director of Asturex and Ms. Belinda Ordiz, Responsible for Promotions and New Markets. During the meeting, they exchanged views on the business climate and available opportunities in Albania for investments.