Information about Albania Minimum wage and taxes.

The minimum wage in Albania is set at 28,000 Albanian Leki (ALL) per month as of 2021. However, the minimum wage may vary depending on working hours and industries. For example, the hourly wage for those working in the hospitality industry is 196 ALL, and the hourly wage for those working in the construction industry is 218 ALL. The tax system in Albania is an income-based system. Income tax rates vary depending on the amount of income. As of 2021, income tax rates are as follows: - Tax is paid at a rate varying between 0% and 15%. - Tax at the rate of 15% applies to persons with annual income up to ALL 2,000,000. - 23% tax is applied to persons with annual income between 2,000,001 ALL and 8,000,000 ALL. - 30% tax is applied to persons with annual income between 8,000,001 ALL and 15,000,000 ALL. - 23% tax applies to persons with annual income more than 15,000,001 ALL. Additionally, social security premiums are deducted from employees' salaries. Premium rates may vary depending on the employee's salary and insurance branches.

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