Macedonia

Macedonia is located in the heart of the Balkan Peninsula and was formed after the dissolution of Yugoslavia. Jurisdiction borders with Serbia, Greece, Bulgaria and Albania. The government of the country creates the most favorable conditions for foreign investors.

Main features and advantages of the state

• Simple company registration procedure.
• Guaranteed confidentiality.
• Possibility of doing business in Europe.
• The lowest interest rates of taxation.
• Lack of currency control.
• The country has not signed an agreement on exchange of tax information.

Taxation

Income tax is 10% (one of the lowest among European countries).
VAT: 18%.
Tax on dividends: 10%.

Accounting

Mandatory annual reporting.
Mandatory audit.
Minimum number of directors: 1
Minimum number of shareholders: 1

Absence of requirements to the residency of shareholders.

Deadlines for company registration - 5-7 days
Deadlines for account opening - 7-14 days (with receipt of electronic key)