With the Law on the Financial Support of Investments, the Government of the Republic of North Macedonia offers financial funding of Productive Initial Investments aimed at increasing the competitiveness of the economy and the employment. Many Macedonian companies received financial support and thus contributed to increase the economic capacity of the country.
Entities qualified as beneficiaries of financial support shall be business entities:
Financial Aid can be granted for:
For Productive Initial Investments of business entities founded by citizens of the Republic of North Macedonia with residence or temporary stay out of the Republic of North Macedonia, the amount of the financial support shall be increased by 15% of the justified investment costs, up to 1.000.000 euros annually.
Law on the financial support of Investments 2021 (consolidated text)