Thursday, January 19, 2012

Investment's in Albania rose 300% by implementing a 10% flat tax

 Sahit Muja: Tropoje, Albania

 Investment's in Albania rose 300% by implementing a 10% flat tax

Albanian government has simplified tax system aimed for creating a friendlier investment climate, creating jobs, and making Albanian economy more competitive.

The Albanian Government lead by Prime Minister Sali Berisha approved a fiscal package in 2007 that included implementing a 10% flat tax for corporate and personal income".

 That is one of the lowest level of taxes in the world.
From 2007 to 2011 Albania has one of the best economic growth in Europe.

Investments in Albania have increased 300% from 2007 t0 2011 the largest increase in the world.
Tourism in Albania also had the best increase in the world with more than 500%  increase since 2007.

 Albania has embrace very ambitious plans to power Albania on renewable sources of green energy
Albania is in the road to become the first country in the world to produce 100% of its electricity from renewable energy.
Albania has a potential to be the world’s most important laboratory of green energy".

Albanian Government has paved the way for millions of dollars to be invested for green power projects.
Renewable energy in Albania may generate huge numbers of "green collar" new jobs .
 Albanian Minerals sees green technology as an important part of their business and investment strategies".

Hydro power  in Albania accounts for 90% of electricity produced while 10% is produced in small thermal power plants.
The Albanian green energy potential is considered to currently be exploited at only 20%.
About 200 hydropower projects are under development .
Albania has the potential to build 2000 hydropower plants.

Wind and solar energy sources have the greatest potential after hydro generation.
Albania has huge wind potential from power full winds from low sea levels to the Alps.

Albania has one of the strongest winds in Europe. Albania has incredible potential in solar energy.
The Mediterranean country has one of the best numbers of the sunny days in the world.
 Albanian minerals is investing in Albania in mining industry and is planing to invest in green "
Sahit Muja
President and CEO
Albanian Minerals
 New York

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