The business entity shall submit an application along with a letter of Intent, a business plan for an investment project and a financial report for the previous years.
All the documents for applying are attached on the Invest North Macedonia web site. You can apply directly to the Agency’s archive.
The request may be submitted for several types of financial support, not just for one.
Investments in assets related to establishment of a new business entity, expansion of the production capacity of the existing one, introduction of a production process, introduction of new product, a fundamental change in the overall production process and acquisition of fixed assets by a business entity under bankruptcy or liquidation procedure are productive initial investments.
All documents should not be older than 60 days until the day of submitting the Request.
Entities qualified as beneficiaries of financial support shall be business entities:
A commercial entity registered in the Register of Trade Companies within the Central Register of the Republic of North Macedonia can apply for financial support.
"New machine" means every machine, equipment or plant manufactured not earlier than two years as of the date of purchase, which has not been previously used and that has been purchased or manufactured by the beneficiary of the financial support.
"Investment project" means all the activities that are to be undertaken by the business entity and that include investment in the construction of new, that, adaption, reconstruction or expansion of existing facilities, purchase of equipment, machines and plants and creating new jobs.
The agreement with the company shall be concluded no later than 15th of October of the current year.
The beneficiary of the Financial Support that meets the conditions in accordance with the agreement on Financial Support, no later than 15th of November of the current year shall submit a request for payment of the financial support with the required documentation to the Agency.
An agreement on financial support of investments may be amended if for a particular investment project the business entity submits an application for granting another type of financial support by the 1st of August in the current year at the latest.