Individual - Significant developments

Last reviewed - 05 July 2024

Starting from 1 April 2023, the minimum and maximum salary for social and health contributions purposes increased. The new minimum salary is 40,000 Albanian lek (ALL) (up from ALL 34,000 during the period from 1 September 2022), whereas the new maximum salary is ALL 176,416 (up from ALL 149,953 during the period from 1 September 2022).

The Parliament of the Republic of Albania has enacted the Law No. 29/2023 ’On Income Tax‘, which enters in force and extends its effects from 1 January 2024. This law will substitute the current Law on Income Tax No. 8438/1998.