Despite its small size and modest domestic market, North Macedonia offers compelling advantages for businesses looking to expand or relocate:

• Strategic Location
  Situated at the crossroads of two major Pan-European transport corridors (Corridors VIII and X), North Macedonia offers direct access to key regional and EU markets.

• Liberal Trade Regime
  North Macedonia maintains a highly liberalized foreign trade policy. Through bilateral and multilateral agreements, local producers benefit from duty-free access to the European Union, EFTA countries, CEFTA region, Türkiye, Ukraine, and other key markets—positioning the country as a competitive production and export platform.

• Macroeconomic Stability
  The country boasts a stable monetary environment, low inflation, and a fixed exchange rate pegged to the euro, providing predictability for investors.

• Favorable Tax Environment
  North Macedonia offers one of the most attractive tax systems in Europe, with a flat 10% corporate income tax rate. Investors operating in the Technological Industrial Development Zones (TIDZs) enjoy additional incentives, including a 10-year tax holiday on corporate profit tax, personal income tax, VAT, customs duties, and other levies.

• Skilled and Cost-Effective Workforce
  The labor force is highly educated, multilingual, and competitively priced—among the most favorable in Europe in terms of labor costs.

• Pro-Business Government
  The Government of North Macedonia is committed to supporting foreign investors through streamlined administrative procedures, institutional support, and a predictable legal environment.

• Euro-Atlantic Integration
  As a NATO member and EU candidate country, North Macedonia ensures long-term political and economic stability.

• Fast and Simple Company Registration
  Through a streamlined One-Stop-Shop system, businesses can be registered in less than 4 hours, one of the fastest procedures in the region.