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Economy of art and creative industry, and the its deriving tax obligations

Following the efforts of the Tax Administration to formalize the business and avoid fiscal evasion, each economic activity, pursuant to Article 6 of Law No. 9920, dated 19/05/2008 “On tax procedures in the Republic of Albania”, as amended, must become identifiable by getting registered and receiving the unique identification number (NUIS), in line with the obligation determined by Article 40 of the abovementioned law, or must declare the income generated in the territory of the Republic of Albania and abroad, pursuant to Articles 8, 13 and 16 of Law No. 9632, dated 30/10/2006 “On local tax system”, as amended, and must pay the duties on income, employees insurance, etc.

The General Directorate of Taxes would like to ask all economic operators, natural, legal persons or freelancers in the area of art and creative industry economy, that are subject to this law, to come to the tax bodies and formalize their activity, as well as pay the abovementioned duties.

The Tax Administration has observed lately that a relatively good part of this sector, that are subject to the Law No. 35/2016 “On copyright and related rights” has responded to its call regarding the tax duties deriving from them when developing their economic activity, and it expresses its availability to provide advises at any time to all the entities or individuals that would like to formalize and contribute to the process of fighting fiscal evasion. 

The effort to stop once and for all fiscal evasion, which has been continuously undertaken by the tax bodies, is extended to all areas of economic activities, including the economy of art and creative industry. Music, visual arts, publicity, commercial audio-visual creations, being a fundamental part of the economy of art and subject to everyday consumption from the citizens, have been and will be in the focus of the Tax Administration, simultaneously, with any other economic activity.