North Macedonia flag North Macedonia: Investing in North Macedonia

Investment framework and opportunities in North Macedonia

Procedures Relative to Foreign Investment

Freedom of Establishment
The current Company Law is effective since 2004. The law defines five forms of companies: General Partnership, Limited Partnership, Limited Liability Company, Joint Stock Company and Limited Partnership by Shares.

To learn more please visit Invest in North Macedonia website.

Acquisition of Holdings
A 100% foreign ownership is possible.
Obligation to Declare
New company must register at the Central Registery and then to the VAT at the Public Revenue Office. More information may be found in the 2018 Report on Doing Business of the World Bank and in KPMG Investment Guide to North Macedonia.
Competent Organisation For the Declaration
E-Registration Portal
Public Revenue Office website
Requests For Specific Authorisations
Some sectors require specific permits and licenses (communication and energy sector for instance), to find out more you may visit the Invest In North Macedonia website.

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Latest Update: November 2022

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