Despite its small size and modest domestic market, the Republic of North Macedonia is an excellent choice to locate a business for many reasons:

• strategic geographical position at the crossroads of 2 main European transport corridors
• highly-liberalized foreign trade policy and has signed various bilateral agreements that give local producers free access to the European Union and other markets, making North Macedonia a highly-competitive production and export platform
• stable monetary environment with one of the lowest inflation rates in the region and stable currency
• investors can benefit from a very favorable tax environment with one of the lowest corporate income tax rates in the world
• several Investment Zones with 10 years tax holidays for corporate profits, employment income, VAT, customs duties and others
• highly-qualified workforce and one of the most competitive labor costs in Europe
• member of NATO and EU candidate country
• fast company registration – One-stop-shop system for company registration within 4 hours