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  • Article

    Significant Changes In The Law For UBO Registration

    The Parliament of Albania recently announced amendments in the Law on the register of beneficiary owners, through a new draft law The changes made are substantial and directly affect the process...
    AlbaniaCorporate/Commercial Law
    Eurofast
    Eurofast
  • Article

    Albania Amends The Legal Framework On Late Payments In Commercial Transactions

    Albania has introduced significant amendments to its late-payment framework through Law No. 81/2026, expanding the scope of covered entities and streamlining debt recovery procedures. The new legislation eliminates the requirement for formal notice before claiming late-payment interest and establishes a 90-day court deadline for enforcing uncontested debts.
    AlbaniaCorporate/Commercial Law
    Karanovic & Partners o.a.d.
Karanovic & Partners o.a.d.
  • Article

    Financial Statements And Corporate Sustainability Reporting (CSRD)

    Albania has introduced comprehensive new sustainability reporting requirements aligned with the EU's Corporate Sustainability Reporting Directive (CSRD), establishing detailed thresholds and obligations for large undertakings and groups. The new framework mandates extensive disclosures on business models, climate targets, governance, due diligence, and value-chain information, with special provisions for subsidiaries and branches of foreign companies. These requirements will become mandatory for reporting p
    AlbaniaCorporate/Commercial Law
    Karanovic & Partners o.a.d.
    Karanovic & Partners o.a.d.
  • Article

    Albania Advances Medical Cannabis Licensing With New Secondary Legislation

    Albania has introduced comprehensive secondary legislation to regulate its medical cannabis sector, establishing detailed requirements for licensing, traceability, and supervision.
    AlbaniaCorporate/Commercial Law
    Karanovic & Partners o.a.d.
    Karanovic & Partners o.a.d.
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