Skopje
common.homecommon.jurisdictionsNorth Macedonia
North Macedonia
MK
Skopje

North Macedonia

North Macedonia offers a pro-business environment with significant government incentives for foreign investment. As an EU candidate country, it continues to align regulations with European standards while maintaining competitive operating costs.

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jurisdiction.taxSystem

jurisdiction.corporateIncomeTax

10%

jurisdiction.valueAddedTax

18% (5% reduced)

jurisdiction.keyFeatures

  • Flat 10% corporate income tax
  • Favorable holding company regime
  • TIDZ zones offer significant tax incentives
  • No withholding on dividends to non-residents under treaties
  • Loss carry-forward for 3 years

jurisdiction.treatyNetwork North Macedonia has double tax treaties with over 45 countries.

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jurisdiction.employment

North Macedonia provides competitive labor costs with a young, educated workforce. The government offers various subsidies for employment creation.

jurisdiction.socialContributions Total social contributions approximately 27% of gross salary (employer share), among the lowest in the region.

jurisdiction.keyRequirements

  • Written employment contracts mandatory
  • Standard 40-hour working week
  • Minimum 20 days annual leave
  • Probation period up to 4 months
  • Health and safety compliance required

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jurisdiction.companyFormation

jurisdiction.entityTypes

  • DOOEL (Single-Member LLC)
  • DOO (LLC)
  • AD (Joint Stock Company)
  • Branch Office

jurisdiction.typicalTimeline

1-3 business days through one-stop-shop system

jurisdiction.capitalRequirements

Minimum capital of €5,000 for DOO, €25,000 for AD.

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jurisdiction.regulatoryEnvironment

jurisdiction.keyRegulators

  • Central Registry
  • Public Revenue Office
  • National Bank
  • Securities and Exchange Commission

jurisdiction.complianceNotes

  • Electronic registration and filing systems
  • Annual financial statement submission
  • Monthly tax reporting
  • Transfer pricing documentation requirements

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jurisdiction.ourPresenceIn North Macedonia

We provide services in North Macedonia through our regional network, supporting clients with compliance and advisory services tailored to the local regulatory environment.

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jurisdiction.ctaTitlePrefix North Macedonia jurisdiction.ctaTitleSuffix

jurisdiction.ctaDescPrefix North Macedonia.

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