One can register a company in North Macedonia by visiting one office, obtaining the information from a single place, and addressing one employee. Read More
The Company Law regulates business activities in North Macedonia. It defines the types of companies, procedures, and regulations for their establishment and operations.
“Visa” is a permit for entry and short-term stay or transit issued to a foreigner by a competent authority of the Republic of North Macedonia.
Nationals of the EU Member States and signatories of the Schengen Agreement DO NOT need a visa to enter the Republic of North Macedonia (and are eligible to enter the Republic of North Macedonia with a valid national identity card).
Some business activities as stipulated by the Company Law must obtain additional working licenses or permits before starting their operations.
North Macedonia is sure to be the ideal location for corporations looking to set up or relocate their business. Read More
The automotive sector enjoys dynamic development and growing importance for the country’s economy.
The information and communication technology industry is the fastest-growing sector of the Macedonian economy, and it plays an important role in the economy as a provider of jobs and generator of exports.
The agribusiness industry in North Macedonia is one of the fastest-growing industries with an over 10% increase in the last years.
Macedonia’s textile industry is one of the most developed and diversified sectors of the economy in terms of industrial production, employment, and export earnings and is the 2nd biggest industrial sector of the country after metallurgy.
Energy market developments in North Macedonia included further construction of an internal gas distribution network, continued liberalization of the electricity market, and increased regional cooperation for electricity and gas interconnections.
While the medical technology and pharmaceutical industries are both essential.
The Aftercare Department within Invest North Macedonia is aimed to provide professional and timely care to the needs of all foreign investors in North Macedonia. Read More
Macedonian supplier’s business portal is one of the essential tools to provide operational communications and information sharing virtually on supply and demand in all industries, and more effective export promotion of Macedonian products, intermediate products, and services.
The Aftercare Department offers guidance to foreign nationals-applicants (owners, co-owners, managers, or part of the management of the domestic companies with dominant foreign capital) in the process of obtaining/issuing/extending a temporary residence and work permit after they apply for permits.
With the Law on the Financial Support of Investments, the Government of the Republic of North Macedonia offers financial funding for Productive Initial Investments aimed at increasing the competitiveness of the economy and employment. Read More
The application for granting Financial Support shall be submitted to the Agency as competent authority along with a business plan and financial report.
The beneficiary of the Financial Support that meets the conditions of the agreement on Financial Support shall submit a request for payment of the financial support with the required documentation to Invest North Macedonia.
Depending on the need of the investors and especially the timing for the investment, Invest North Macedonia can offer two varieties in terms of location for the production sites with the possibility of Greenfield locations and ready-made Brownfield locations in different locations and Municipalities in the country. Read More
They are two options acquiring land for the purpose of the Greenfield project and the possibility of leasing the land for investments in TIDZ. Read More