TIRANA, April 24 /ATA/ – Businesses in Albania have 37 days to comply with the legal requirement to implement cashless payments through electronic point-of-sale (POS/POI) terminals in accommodation facilities, transport services, and public institutions, with the deadline for the tourism and transport sectors set for May 30, 2026.
For all other businesses, the final deadline is December 31, 2026.
Recent amendments to the “Tax Procedures Law of the Republic of Albania” aim to reduce cash usage, formalize the economy, and increase transparency in financial transactions.
Under the law, businesses must be equipped with POS terminals, while the allowed cash payment limit between businesses has been reduced from 150,000 lek to 100,000 lek, in order to enhance transaction traceability and reduce tax evasion.
For cash transactions between individuals and self-employed entities, a limit of 500,000 lek has been introduced to curb the circulation of money outside the formal financial system.
The Directorate of Taxation and Customs (DPT) emphasizes that meeting these requirements within the set deadlines will provide faster service for citizens, improve transparency, formalize economic activity, and contribute to modernizing the payment system while combating tax evasion. Noncompliance may result in penalties under existing legislation.
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