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The infamous fiscal stamp concessionaire is back with the same owners

2025-03-21 21:55:02Biznes SHKRUAR NGA REDAKSIA VOX
The infamous fiscal stamp concessionaire is back with the same owners
The fiscal stamp dealer returns through the back door

The concession company SICPA, whose 12-year contract for the production of fiscal stamps ended at the end of December, will return to Albania again, but this time as a partner in the venture for the production and distribution of fiscal stamps.

The concession company SICPA, whose 12-year contract for the production of fiscal stamps ended at the end of December, will return to Albania again, but this time as a partner in the venture for the production and distribution of fiscal stamps.

The government has created an Albanian-Arab company that will deal with the production and distribution of fiscal stamps. In the documents submitted to the National Business Center, the company ALBTrace CO has been created, a joint-stock company where 51% of the shares are owned by the Securities Printing House and 49% of the shares by the company registered in the United Arab Emirates, O&S Security and Solutions LLP.

But what is noted in the submitted documents is that the Arab company itself is 40% owned by SICPA Middle East Investments Holding LTD, a company created by the former fiscal stamp concessionaire that operated in Albania until last year, while the remaining 60% is owned by Oumulat Security Printing LLC, a subsidiary of the Central Bank of Saudi Arabia.

But although the Albanian-Arab company has been established, the production of fiscal stamps has not yet begun, even though the Ministry of Finance announced that their production will begin within March, without giving an exact date.

Businesses that are subject to excise duties and use fiscal stamps are facing an unprecedented situation at customs, due to a lack of fiscal stamps.

This impasse, according to businesses, leaves room for tax evasion and smuggling of goods. They still do not have an answer as to who will pay their costs for the lack of fiscal stamps./ News24


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