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
TEMPORARY RESIDENCE OF FOREIGNERS IN NORTH MACEDONIA BASED ON ACQUIRED PROPERTY OVER REAL ESTATE
Based on the regulations of the Law on foreigners,when a foreigner is a citizen of a Member State of the European Union or of OECD, who has acquired right of ownership of an apartment, residential building or house on the territory of North Macedonia under conditions determined by law, in amount of at least 40.000,-EUR, … 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