What are the peculiarities of the reform in the area of administrative disputes? Law 49/2012 of 3 May 2012 “On the Organization and Functioning of Administrative Courts and the Judicial Review of Administrative Disputes,” which entered into force several months ago (but has not been implemented, yet), is an organic (basic) law. It lays down the principles of administrative dispute...

What is the background of the legal profession? The legal profession in Albania dates back before the creation of the Albanian State, on 28.11.1912, during the Ottoman Empire in 19th Century. However, the main qualitative developments of the legal profession were reached after the years’ 20 of the last century in the period of the Albanian Monarcy. After the Second...

What is a Double Tax Treaty (DTT)? A business or individual resident in one country may realize a taxable gain in another country. This gain may be taxed in the country in which the gain was made and in the country of residence. In order to minimize this double taxation, two countries may agree to conclude double tax treaties with...

VAT Law Value Added Tax Law and related Instructions issued for the implementation of the law is a well established law in Albania1. The main law can be easily found also in its English version2. Law 7928 is based on the Sixth Council Directive on VAT3, being by far however a much reduced version of it. In any case such first approximation...

Money Laundering The law on money laundering and terrorist financing has been recently updated during year 20121, in line with the updated 40 recommendations of the Financial Action Task Force (FATF), the foremost international body active in the fight against money laundering and terrorist financing, as per February 2012, and is fully adopted with the Directive of the European 2005/60/EC2.