According to the regulations of the Law on profit tax, taxation in North Macedonia with profit tax amounts 10% as flat rate taxation.
Tax payer of the profit tax is a legal person resident in North Macedonia which has profit from doing activity in North Macedonia and abroad. Character of resident in North Macedonia is having legal person which is established and is having headquarters in the territory of North Macedonia.
Tax payer of the profit tax is also the permanent business unit of foreign person for the realized profit on the territory of North Macedonia.
Permanent business unit of foreign person is permanent place of business activity through which or in which partially or entirely business activity is done by the foreign person in North Macedonia, directly or through a dependent agent.
Basis for calculating of the taxation with the profit tax is the profit determined in the tax report.
Basis for calculation of the profit tax is determined as difference between the total incomes and the total expenses of the tax payer in amounts determined in accordance with the accounting regulations and standards.
Skopje,
25.10.2024
Prepared by: LAWYERS ANTEVSKI
legal services in North Macedonia &
European patent law services
http://www.lawyers-antevski.com.mk
http://www.linkedin.com/in/lawyersantevski
http://www.facebook.com/lawyersantevski.macedonia
Email: lawyersa@t.mk
Email: lawyersa1@t.mk