Albania: Council presents draft Bill on VAT measures in science-technology parks
Council Ministers of Albania accepted the draft tax measures bill on Science-Technology Park and designed the provisions.
The Bill supports the provisions:
- VAT exemption for goods and services, and even instruments for park use.
- VAT exemption for impacts from infrastructure
- VAT exemption for 10 years for real estate construction projects for parks
- VAT exemption for revenue generated from park activities for 15 years.
Source: kryeministria.al
