Albania introduces 10-year tax exemption for 5-star hotels

Source: Xinhua| 2017-08-30 02:29:11|Editor: yan
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TIRANA, Aug. 29 (Xinhua) -- Albanian new government is preparing a package of incentives for the sector of tourism which among others foresees tax exemption for the 5-star hotels for a time span of ten years, according to a press statement of Albanian Premier Edi Rama Tuesday.

"We are creating a new package. Every accommodation facility that obtains a five-star rating from the 30 international luxury brands will not pay taxes for ten years," Rama told reporters following the first informal meeting with his new cabinet Tuesday in Llogara, southern Albania.

According to PM, the improvement of service quality in the sector of tourism will be high on the agenda of the new government led by Rama in its second term of office.

He further said that the incentive would also be applied for the 4-star hotels considering the fact that currently Albania has only 1 or two five-star hotels in capital city, Tirana.

On the other hand, Rama warned tougher measures against all those operators working against the market rules or those failing to meet the hygiene or service standards.

The PM told reporters that all the hotels and accommodation facilities operating along the Albanian coastline must have wastewater treatment plant by May 2018; otherwise, they wouldn't be allowed to open their activity for the next tourism season.

Besides tax incentives aimed at developing tourism sector, Albanian PM announced that the government would launch several road infrastructure projects in the coastal area in the South as well as in northern part of the country.

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