Similarities between fiscalization systems in Albania and Montenegro

The fiscalization systems in Albania and Montenegro share similarities, including real-time communication with tax authorities, mandatory transaction authorization, and flexibility regarding software and hardware specifications. However, notable differences remain in legal requirements, data registration obligations, and specific receipt details

The fiscalization systems in Montenegro and Albania are showing certain similarities. Both countries adopted an online-based fiscalization system incorporating:

·         Online and real-time communication with tax authorities

·         The absence of predefined software (SW) and hardware (HW) requirements, and

·         Mandatory authorization of transactions.

Despite these shared features, every fiscal system has unique aspects, and Montenegro and Albania are no exception. From a legal standpoint, the two countries differ in their laws and regulations, including the subjects of fiscalization, exemptions, and detailed requirements. However, the overarching structure of the systems maintains significant parallels.

While both countries require merchants to complete registration procedures, Albania demands the registration of more data compared to Montenegro. Additionally, the layout of receipts is not predefined in either system, yet some elements differ. Both systems use identification codes, but variations in specific receipt elements reflect each country’s unique requirements.