Business tax

no

Wealth tax

no

Inheritance and gift tax

Gift/estate taxes are levied on immovable property located in Albania. An individual who transfers/ donates the ownership of immovable property has to pay taxes before the registration of such property in accordance with relevant laws. Gift/estate taxes are taxed as income at a flat rate of 15 %.

Property transfer tax

The transfer of the right of ownership of immovable property, land and building is taxed with 15 % on capital gains realized. For buildings, transfer taxes are paid from the transferor, the tax calculated based on the area and usage (residential, commercial, other) in the range of ALL 100 - 2000/m2 depen- ding on the municipality where the property is located. Exemptions apply for the transfer of the ownership between members of the same family.

Capital duties and fees