Business closures hit record numbers of 50 a day in early 2018

Tirana Times
By Tirana Times February 1, 2018 16:14

Business closures hit record numbers of 50 a day in early 2018

Story Highlights

  • The increase in the number of businesses closing down comes as a new tax regime is expected to affect micro and small businesses in the next few months and a nationwide campaign against informality continues, often forcing businesses to close down their old tax IDs and open up new ones

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TIRANA, Feb. 1 – The rate of business closures accelerated last January as more than 50 businesses a day, mainly small family-run ones closed down, hinting tougher competition amid poor

Tirana Times
By Tirana Times February 1, 2018 16:14