Taxes, Customs, and other Incentives

• 10 YEAR TAX HOLIDAY – Investors in the free zones are entitled to a 10-year tax holiday for-profit and corporate tax and a 100% reduction of personal income tax for a period of up to 10 years. Investors are exempt from the payment of value-added tax for import and trade of goods in the free zones. Additionally, investors are exempt from payment of customs duties for equipment, machines, and spare parts.
• The land in the free zones in the Republic of North Macedonia is available under long-term lease for a period of up to 99 years at concessionary prices.
• Investors are exempt from paying utility taxes to the local municipality, and fees for land building permits.
• Free connection to natural gas, water, and sewage network.
• The Government may support the growth of capital investments and income with a return of 10% of investment costs in new machines and equipment, or investment in buildings and land.