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Taxes, competition and finance for Albanian enterprises: evidence from a field study
This paper analyses the results from a survey conducted in 1999 of more than
100 enterprises in Albania. The main finding of the survey is that registered
businesses regard competition from the informal sector as the most important
problem they face in doing business. Unregistered firms have a significant
advantage because they are able to evade the relatively high tax burden. Poor
access to loans is also a significant obstacle. Enterprises tend to rely on
their own sources of funds for business start-up and expansion. Large
enterprises are more likely to apply for loans than small enterprises but,
having applied, are no more likely to be successful.
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