Business Operations

The Reasons for Investing

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
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