This publication provides a summary of the issues including legal, tax and accounting to be considered by those thinking to invest or do business in Albania.

In May 2016, a new bilateral investment treaty ("BIT") was concluded between the Government of Albania and the Government of Kosovo

"Fitch Solutions", a well-known unit of the international rating agency "Fitch", published the latest risk report for the second half of 2021 for Albania.

After 22 years of the enactment of the Foreign Investment law in 1993, as amended in 2009, a new law on strategic sectors and strategic investments came into picture.

Albania is the largest exporter of crude oil in the Energy Community and is home to the largest onshore oil field in Europe (i.e. Patos Marinza).

In its most recent analysis, dated on May 21st 2021, the international rating agency "MOODY'S", evaluates Albania as a country with stable prospects and affirms Albanian Government's B1 rating.

The "Mountain Package" is a recent initiative launched by the Albanian government to encourage Albanian emigrants to return and invest in their homeland.

Albania’s attraction of foreign direct investment (FDI) has been, and remains, a major factor in its recent strong economic growth.

Foreign direct investments can have a greater impact in the socio-economical development of the country, once they can help further in the growth of the nation's productivity.

Kalo & Associates, namely Ardjana Shehi (Senior Partner) and Irv Vaso (Associate) contribute exclusively in the Albanian chapter of the 2017 IFLR 1000 Edition on US Outbound Overseas Investments.