Lawyers Antevski
HOW A FOREIGN CITIZEN CAN ESTABLISH A SOLE PROPRIETOR (SINGLE TRADESMAN) FORM IN NORTH MACEDONIA, IN ORDER TO BE SUBJECT OF ONLY 10% PERSONAL INCOME TAXATION
According to regulations in North Macedonia a foreign citizen in order to register for a business activity as Sole Proprietor in North Macedonia needs to have a permanent place of residence in North Macedonia. Since according to the Macedonian regulations based on doing working activity a foreign citizen may apply and become temporary residence permit … Read more
TAXATION WITH PROFIT TAX IN NORTH MACEDONIA
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 … Read more
TERMS FOR FAILING UNDER THE STATUTE OF LIMITATION FOR DAMAGE COMPENSATION IN NORTH MACEDONIA
According to the regulations in the Macedonian Law requests for compensation of caused damage fall under the statute of limitation after three years from the date when the damaged person have found out the damage and the person which caused the damage and in any case latest after five years after the date at which … Read more
GENERAL TERMS OF A CONTRACT ACCORDING TO NORTH MACEDONIAN LAW
According to North Macedonian law, the General terms of a contract are contractual regulations prepared for a number of contracts in which one of the contractual parties (which prepared the general terms) before or during concluding of the contract is proposing such a general terms to the other contractual party either as contained in the … Read more
Acquiring North Macedonian citizenship for foreign citizens with origin from North Macedonia /Part 1
The principal modes of acquisition of citizenship in North Macedonia (NM) are:origin, birth on the territory of NM, naturalization, and int. agreements. Foreign citizens with origin from NM use the origin and naturalization mode. Conditions for NM citizenship by origin: Under the above conditions NM citizenship can also be acquired by a person who is … Read more
KINDS OF RESIDENCE PERMITS FOR FOREIGNERS IN NORTH MACEDONIA
According to Macedonian laws, a foreigner can reside in North Macedonia if has regulated his legal residence and is allowed to stay on its territory as short-term stay, long-term or permanent stay. “Short-term stay” is a stay for a period not longer than 90 days in any 180-day period preceding each day of residence. “Temporary … Read more
FORM OF CONTRACT FOR SALE ACCORDING TO REGULATIONS IN NORTH MACEDONIA
According to Macedonian Law the contract for sale does not need to be concluded in written form. Exception from this are the contracts for sale of immovables & contracts for sale where the sales price is to be paid in installments which must be concluded in written form.The requirements about the legally required form of … Read more
RECOGNITION AND EXECUTION OF FOREIGN COURT JUDGMENT IN NORTH MACEDONIA
Foreign court judgement has the same legal effect in North Macedonia only if it is recognized by a court in North Macedonia.The submitter of the request for recognition of the foreign court judgement is obliged enclosed to its request to enclose the foreign court judgement in original or in certified copy and to enclose confirmation … Read more
AUTHORIZATIONS OF COMMERCIAL TRAVELER ACCORDING TO NORTH MACEDONIAN LAW
According to the Macedonian Law on obligations commercial traveler of a trading company is authorized to undertake only the activities related to sales of goods and which are contained in the authorization issued by the trade company. In case of uncertainty, it is considered that the commercial traveler is not authorized to conclude contracts but … Read more