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Application procedure

How to apply Application procedure with links to downloadable documents and online application form fields

The application for granting Financial Support shall be submitted to the Agency as competent authority along with a:  

  • Letter of Intent
  • A business plan for an Investment project, and
  • A financial report for the previous three years or for a shorter period depending on the date on which the business entity is founded or started its business activity.

The application
Download Here

Letter of Intent
Download Here

Business Plan
Download Here

Rulebook on the request for Financial Support and required documentation.

Download Here

In addition the business entity shall submit all the other documents which confirm the data and the facts listed in the application for financial support in accordance with the bylaw prescribed by the Ministry of economy, such as:  

  • Certificate of current status from the Central Registry
  • Confirmation of bankruptcy proceedings
  • Confirmation of liquidation procedure
  • Certificate of paid taxes from the Customs Administration
  • Certificate of paid taxes from the Public Revenue Office
  • Notarized statement of reliability of data
  • Excerpt from the central securities depository when the applicant is a Joint Stock Company
  • Copy of shareholder book and Certificate from a competent authority of a foreign state for registered residence or temporary residence for 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

*All documents should not be older than 60 days until the day of submitting the Request.

If the business entity meets the requirements, the Agency shall prepare a Proposal Agreement for Financial Support of Investments whose provisions are finally determined by the business entity.

The decision for concluding an agreement is made by the Government of the Republic of North Macedonia.

The agreement with the company shall be concluded no later than 15 October of the current year.

Amendment of the agreement on financial support

An agreement on financial support of investments may be amended if for a particular investment project the business entity submit an application for granting another type of financial support by the 1st August in the current year at the latest.

The application for granting another type of financial support shall be submitted along with:

  • A letter of Intent
  • A business plan for an Investment project, and
  • A financial report for the previous three years or for a shorter period depending on the date on which the business entity is founded or started its business activity.
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