Has not this been the worst year for business?! Entities that have passed into passive status, less than 2018. Saranda meets a historical record
During this year, from January 1, until December 30, there are 9044 enterprises which have passed into passive status. According to the law “On tax procedures in the Republic of Albania” a subject receives passive status if it meets one of these three criteria:
– no longer carries out commercial activities for a tax period of 12 consecutive months;
– does not submit the tax return for a tax period of 12 consecutive months;
– declares to the NBC suspension of commercial activity and pays all tax liabilities.
In total, there are 129,630 passive enterprises throughout the country. 2020, the year of the pandemic, is considered one of the most difficult for business, due to the severe crisis that has hit the country and the entire globe. Closing businesses, whether through a transition to passive status, is a credible indicator of the impact of the crisis on the economy. But how has this figure changed compared to other years? Compared to 2019, there is a significant increase, but it does not turn out at all as the worst year for businesses. In 2019 there were 8143 businesses which went into passive status, or 11% less. But, in 2018, there were 10788 businesses that went into passive status, even in 2016 or 2014 there were about 21 thousand and 23 thousand respectively. From the data processed by the “Scan Intelligence unit” from the General Directorate of Taxation, it results that 2020 is the 5th worst year for business, in case we get the transition to passive status as a measuring indicator, after 2014, 2016, 2012 and 2018.
*Material i përgatitur nga portali SCAN. Ripublikimi mund të bëhet vetëm kundrejt citimit të autorësisë dhe burimit origjinal.