The issuance of the e-invoices in Albania

Headline:

The issuance of the e-invoices in Albania

Short overview for everyone:

We discover what should you take care of when it comes to issuing e-e-invoices during the transitional period of fiscalization

Short overview for subscribers:

It’s good to know that The law on tax procedures provides that, any sale or purchase of goods or rights, as well as any performance of work or service, which is part of the commercial activity, is subject to invoicing.

In the following we unveil the other important elements provided in the law on the invoice and the turnover monitoring system.

Content:

Notice for the issuance of electronic invoices during the transitional period of Fiscalization: Article 46, "transitional provisions" of law "On the invoice and the turnover monitoring system" as amended, in points 2 and 3, has explicitly provided that 1. For the period from the date of entry into force of this law until the beginning of the effects all taxpayers, who perform cash transactions, can issue invoices following this law, according to the provisions of the applicable legislation on tax procedures; 2. For the period from the date of entry into force of this law until the beginning of the effects all other taxpayers, who perform cashless transactions, apply all obligations according to the provisions of the legislation in force on tax procedures and value-added tax. The above-mentioned law has explicitly allowed the use of software solutions to document the supply even before the beginning of the effects of the law, provided that, at the same time, the concrete provisions of the legislation in force are respected. The law in force on tax procedures provides that, any sale or purchase of goods or rights, as well as any performance of work or service, which is part of the commercial activity, is subject to invoicing.