Business with online invoices

Business with online invoices

All businesses with an annual turnover of over 2 million lekë per year will be required to use real time digital tax reporting from January 1, 2020.

The Finance Minister explained that this software could be installed on any computer or smart phone, though she did acknowledge that this would come at a small cost to businesses.

Despite this, the Tax Director declared this initiative is very important in the fight for reducing informality.

The fiscal system is expected to be ready for testing within August and the pilot project with some businesses to launch in October before intensifying during November and December, with the aim of fully launching the new system in January 2020.

EMISIONET