As Albania advances towards EU accession, its regulatory landscape is increasingly aligning with EU standards. Following the expiry of the transitional period...

In the attached Legal News of July 2017

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.

In June 2020, the Albanian Parliament approved Law 112/2020 On the Register of the Beneficiary Owners. The law has created an electronic register that will comprise the list ...