“Greece-Albania Index of business relations 2015-2016″

“Greece-Albania Index of business relations 2015-2016″

For the first time, the Greek Embassy to Tirana in cooperation with the Chamber of Economy and Commerce will organize “Greece-Albania Index of Business Relations 2015-2016,” a meeting dedicated to the business relations between the two countries.

The first edition of this meeting organized on January 26th in Tirana with the participation of Greek investors who are interested to invest in Albania and to establish joint business initiatives with Albanian businesses.

Through this meeting, the Greek Embassy and the Albanian Chamber of Economy and Commerce presented the so-far performance of Greece-Albania cooperation in the business sector for the past 25 years. Such event has been organized with the aim to encourage Greek and Albanian businesses to enhance the cooperation and to propose concrete projects between the neighboring countries.

The state business registration center has published a report on the number of new businesses registered at this institution during 2015. According to the official data, about 39 thousand new businesses registered at the National Center of Registration during 2015 while only 5 thousand businesses officially cancelled their commercial activities.

The number of new registered businesses has increased due to the government’s reform and controls against the informality in the markets, says the report. In September, the government undertook an intensive reform in order to fight the informality in the country, especially among small and medium sized enterprises.

In addition, the government also approved a new law according to which businesses with an annual turnover to ALL 5 million where exempted from all taxes.

While, since January 1st of this year, 1600 new businesses have been registered at the National Registration Center, say official figures published by the NRC.