Company establishment in North Macedonia (most commonly as a DOO—limited liability company, or DOOEL—single-member limited liability company) is a fast process with minimal bureaucratic hurdles. Foreign investors enjoy the same legal rights as domestic investors.
- Download detailed North Macedonia Company Formation Guide in English
- Kuzey Makedonya Şirket Kurma Prosedürü Rehberi’nin detaylı metnini Türkçe olarak indirin
- Download Company Formation and Lease Agreement Information in North Macedonia in English
- Kuzey Makedonya’da Şirket Kuruluşu ve Kira Sözleşmesi Bilgilerini Türkçe olarak indirin
- Download Macedonia Company incorporation document package in English
- Makedonya Şirket Kuruluşu İçin Hazırlanan Belgeler Türkçe olarak indirin
Company Establishment Steps
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Determining Company Structure and Trade Name
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Select the company structure (single-member DOOEL or multi-member DOO).
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Check and reserve trade name availability through the Central Register (Centralen Registar) system.
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Document Preparation and Notarization
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Draft the Articles of Association / Foundation Decision and company bylaws.
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Prepare passport copies and identification documents for shareholders and company managers.
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Issue and notarize the signature declaration for the authorized manager.
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Registered Office Address (Virtual/Physical Office)
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Declare a valid legal registered address within North Macedonia (lease agreement or property deed).
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Minimum Share Capital Deposit
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The statutory minimum share capital for a DOO/DOOEL is 5,000 EUR.
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This amount can be deposited into a temporary or permanent bank account during incorporation or within 1 year after registration.
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Central Register Filing (Centralen Registar)
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Submit documents electronically through a registration agent, local notary, or legal counsel.
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Upon approval, receive the Certificate of Incorporation (Unique Identification Number – EMBS) and Tax Identification Number (EDB). Processing typically takes 1–3 business days.
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Company Seal and Bank Account Opening
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Order the official corporate stamp/seal after registration.
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Open primary local currency (MKD) and foreign currency (EUR, USD, etc.) operational accounts with a local commercial bank.
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Tax Registration and Accounting Agreement
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Register the company with the Public Revenue Office (PRO).
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Register for VAT (DDV) based on projected turnover or preference (VAT registration is mandatory for businesses exceeding an annual turnover of 2,000,000 MKD / ~32,500 EUR).
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Execute a service contract with a certified local accountant for mandatory financial filings.
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Post-Incorporation Operational Insights
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Residency and Work Permits: Foreign owners or appointed managers can apply for temporary residency and work permits through the newly established entity.
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Tax Advantages: The standard corporate income tax and personal income tax rates are 10%. Corporate tax is not levied on retained or reinvested earnings.
