Driving Small Business Expansion: Evaluating the Effects of Tax Exemption for Small Enterprises in Albania until 2029

Abstract

This paper examines the effects of tax exemption on small enterprises in Albania until 2029, with a focus on driving business expansion. The study aims to assess the impact of this fiscal policy on small business growth and explore its implications for the Albanian economy. By evaluating the effects of tax exemption on various dimensions of small enterprises, including revenue generation, profitability, employment, and investment, this research provides valuable insights into the potential benefits and challenges associated with the policy. Drawing on both quantitative and qualitative data, the study employs a comprehensive approach, combining statistical analysis with in-depth interviews of small business owners and key stakeholders. The findings contribute to the existing literature by shedding light on the effectiveness of tax exemption as a tool to promote small business expansion and provide policy recommendations for policymakers and government authorities. The results of this research will inform decision-making processes related to fiscal policies aimed at supporting small businesses, ultimately fostering sustainable economic development in Albania.   Received: 15 January 2023 / Accepted: 18 March 2023 / Published: 20 March 2023