Date post: | 06-Apr-2018 |
Category: |
Documents |
Upload: | carmengall |
View: | 222 times |
Download: | 0 times |
of 17
8/2/2019 AIDA _IsraelAlbForum
1/17
Tirana, June 29th, 2011
8/2/2019 AIDA _IsraelAlbForum
2/17
Why Albania? Fast reforming country with focus on the ease of doing
business
Improving infrastructure Improving legal framework
FTA with countries of the region giving access to abigger market
Dynamic and educated workforce
8/2/2019 AIDA _IsraelAlbForum
3/17
Why Albania? Protection of Private and Intellectual Property.
One-Stop-Shop for licensing and registration for
companies. Online system for tax filing and payments.
Low tax burden
8/2/2019 AIDA _IsraelAlbForum
4/17
Albania in numbersAn average annual GDP growth of 6% in the 2000
2009 period.
Positive GDP growth of 3.3 % even during the financialcrisis
On starting a business, Albania ranked 68th in 2009,moved to 46th in 2010 and 45th in 2011 in the global
ranking. (Doing Business Report by WB) On getting credit and protecting investors Albania
ranks 15th out of 183 countries in 2011 putting Albaniaamong the top reformer countries (Doing Business
2011 by WB)
8/2/2019 AIDA _IsraelAlbForum
5/17
Liberal FDI Legal Framework
No prior government authorization is needed and no sectoris closed to foreign investment.
No limitation on the percentage share of foreign
participation in companies - 100 percent foreign ownershipis possible Foreign investment may not be expropriated or
nationalized directly or indirectly, Foreign investors have the right to expatriate all funds and
contribution in kind of investments. No distinction is made between foreign and domesticinvestors
State protection on legal disputes for investments over 10Million Euro
8/2/2019 AIDA _IsraelAlbForum
6/17
Registering a business in Albania
Registration through the National Registration Centeris possible:
1 day
100 Leke (ALL) (1 USD)
In the Tirana offices or at 31 service windows located inall municipalities and Tirana and Durres Chambers ofCommerce
Fast transparent procedures easily verifiable online(www.qkr.gov.al)
8/2/2019 AIDA _IsraelAlbForum
7/17
Does you business in Albania need a
license? Licensing through the One stop shop model by the
National Licensing Center
Only a limited number of business activities need alicense or permit before operations start (46categories)
100 Leke (ALL) (1 USD)
Fast transparent procedures easily verifiable online(www.qkl.gov.al)
Application can be done in the Tirana headquarters of9 regional services windows in major municipalities
8/2/2019 AIDA _IsraelAlbForum
8/17
Investment potentials
Attractive economic sectors
Energy Sector
Tourism
Agriculture and Food Processing Industry
Construction and Infrastructure
Mining Industry
8/2/2019 AIDA _IsraelAlbForum
9/17
Energy Sector Government policy oriented towards development
through the Public Private Partnership model
Unexploited potential in renewable energy production(hydro, solar and wind)
Favorable legal framework
Single Service window for licenses and permits for
energy project (National Licensing Center)
8/2/2019 AIDA _IsraelAlbForum
10/17
Information Technology Sector Facts
A fast growing sector in Albania
96 providers of internet service in 2010 (AKEP) 100,000 families have internet or 12.5% of all families
(AKEP)
10,000 businesses (AKEP)
Number of broadband lines is estimated at 3.4%compared to 2.5% in 2009 (AKEP)
60,000 entities use ADSL offered by Albtelecom (7%businesses and the rest families)
8/2/2019 AIDA _IsraelAlbForum
11/17
Alternative providers Albtelecom TOTAL
DSL (over a copper line)19029 59567 78596
Combination of fiber, coaxial
cable, copper line15000 5373 18527
Internet access speed256 kbit/s- 20 Mbit/s 2 Mbit/s-12 Mbit/s
Most used speed 1 Mbit/s 2 Mbit/s
Users with integrated access0 59621 59621
TV and Internet 215 0 215
Internet and telephone
TV and Telephone 0 0 0
TV, Internet, telephone125 0 125
IT Sector Statistics
8/2/2019 AIDA _IsraelAlbForum
12/17
Software development
Financial services
Hospitals Clothing
Shoes, and more
Internet providers
Website developer and service provider for web-based applications
Service providers of integrated systems
Hardware distributor and sales
ICT Sector potential
8/2/2019 AIDA _IsraelAlbForum
13/17
The Albanian Investment
Development Agency
The newest National Agency focused on investmentpromotion and proactive support to businesses foreignand domestic
Management Board chaired by the Prime Minister
The next step in a long track of successful Governmentreforms aimed at improving the business climate inthe country
8/2/2019 AIDA _IsraelAlbForum
14/17
What we will do? facilitate and support direct investment in Albania, through the
identification and promotion of investment opportunities,offering services and support to existing or potential investors;
increase the competitiveness of small and medium-sizedenterprises, enabling the renewal and improvement of productsand services and the technology they use, offering mechanismsto increase their technical capacity and skills renovation;
promote and support exports of goods and services by providingsupport services and financial assistance to exportingcompanies, and export promotion.
8/2/2019 AIDA _IsraelAlbForum
15/17
What we will do? Serve as a one-stop-shop for inward investors to ensure
faster and efficient services
The agency will conduct all activities and takes allnecessary initiatives to support private sectordevelopment and improve the business climate
Intermediate between investors and state authorities.
Investor servicing and support at all stages of theinvestment cycle.
8/2/2019 AIDA _IsraelAlbForum
16/17
How we can help? Implementation of policies and strategies for the private sector
development Studies, research on the business climate Information about business conditions and opportunities in
Albania Contacts within national and regional government agencies Detailed statistical and survey data about Albania and its key
sectors Identification of sites and buildings Project management support throughout the investment cycle Links with potential partners
8/2/2019 AIDA _IsraelAlbForum
17/17
Let AIDA help
you make
Albania yourInvestment
destination
Contact Information
Address: Blvd Gjergj Fishta
Pall Shallvare
Tirana, Albania
Tel: +355 42251001
www.aida.gov.al