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

BRANCH OFFICE OF A FOREIGN LEGAL PERSON IN NORTH MACEDONIA

According to regulations in the Macedonian Company Law, foreign company/legal person may organize branch offices and representative offices in North Macedonia. Foreign legal person has a right through its branch office to do according to its form and area of operation all activities, to acquire and take over obligations, is entitled to access to the … Read more

MEANS FOR SECURING OF CREDITORS OPEN CLAIMS AGAINST DEBTORS IN NORTH MACEDONIA

According to regulations of the Law on securing of claims in North Macedonia, the following legal means stay at creditors disposal for securing its open claims against debtors in North Macedonia: – right on mortgage over immovables,– right on pledge over movable objects,– previous measures,– temporary measures,– transfer of ownership over objects and transfer of … Read more