Taxes in Macedonia
The Republic of North Macedonia is a small state formed after the collapse of Yugoslavia. The country is located in the southeastern part of Europe and occupies part of the Balkan Peninsula.
The population is 2 people. The capital of Macedonia, Skopje, is the financial and business center of the jurisdiction. The country has its own currency - the dinar, the exchange rate of which is pegged to the Euro.
Macedonia is a developing country
In recent years, it has demonstrated a fairly stable economy and low inflation. The country's government is making a lot of efforts to attract foreign investors and businessmen to its territory.
The infrastructure, banking and tax sectors are actively developing. Tax rates in Macedonia recognized as one of the lowest in the world. In the near future, the government plans to become members of the European Union.
Foreign companies wishing to open a business in Macedonia most often choose the areas that are considered the most promising today:
- winemaking;
- viticulture;
- development of mineral deposits;
- tourism.
In general, economic conditions and Macedonian tax system allow both large global corporations and start-up businessmen to work and develop successfully.
Specialists of the E-COMMERCE BROKER Company will help you open a company in Macedonia promptly and in compliance with all applicable laws and regulations in the jurisdiction. We will develop a tax strategy for your business in which the commercial area will flourish and make a profit.
What types of taxes exist in Macedonia?
There are several organizational and legal forms of entrepreneurship in the jurisdiction:
- individual entrepreneurship;
- limited liability companies;
- open joint stock companies;
- partnership.
The tax regime of the Republic of North Macedonia is simple and has low interest rates. There are 3 types of taxes in the country:
- Corporate - income tax applies to all legal entities and has a rate of 10%.
- Value added tax (VAT) at a rate of 18%.
- Tax on dividends 10%.
Macedonia has signed an agreement with a number of countries in the world community to avoid double taxation. In addition to a loyal tax system, the jurisdiction has simplified the process of registering a foreign company as much as possible.
Company "E-COMMERCE BROKER" for business
To conduct business efficiently and receive a guaranteed profit, a legal entity not only needs register a company in Macedonia, but also open an account in one of the banks.
Specialists of the E-COMMERCE BROKER Company will help open personal, corporate, investment or merchant bank account. In addition, our services include obtaining the necessary permits and licenses, as well as preparing accounting and tax reporting for the competent state authorities.
The E-COMMERCE BROKER company fruitfully cooperates with small, medium and large commercial organizations, developing for each specific business area the most effective financial program that will help optimize the tax burden.
