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AmCham: High tax burden remains top concern as business climate recovers to 5-year high

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TIRANA, March 20 – Some of the country’s biggest local and foreign companies represented by the American Chamber of Commerce in Albania perceive the business climate to have considerably improved in 2016 but high taxes, unfair competition and government bureaucracy remained the top three concerns for the second year in a row. Once again the high level of taxes tops the list of concerns as Albania’s tax burden has climbed to one of the region’s highest in the past few years, with the economy losing its competitiveness to neighbouring countries applying flat tax regimes of about 10 percent. Since 2014,…

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Prof. Dr. Alaa Garad is President and Founding Partner of the Stirling Centre for Strategic Learning and Innovation, University of Stirling Innovation Park, Scotland. He is actively engaged in health tourism, higher education and organisational learning across the Western Balkans, including the Global Health Tourism Leadership Programme in Albania.

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