Getting Started with Establishing a Subsidiary

To successfully establish a subsidiary of a foreign legal entity in North Macedonia, the foreign company must first be registered in its home country.

Once registered, the foreign company can carry out operations, assume obligations, and access local courts and authorities under the same conditions as domestic companies of similar forms and objectives, unless otherwise specified by law.

Navigating the Trade Register

Step 1: Partner with a Local Registration Agent

To facilitate the process of registering your subsidiary in North Macedonia, collaborate with a local registration agent. This agent will guide you through the necessary steps and ensure a seamless registration experience.

Step 2: Compile Essential Documents

With the help of your registration agent, gather or prepare the following documents:

• • An extract or certificate from the foreign company’s register, showcasing the content and date of registration.
  • A certified copy of the company’s contract, statute, or another corresponding act, verified by an authorized state authority. If the foreign company’s laws do not require a written agreement or statute, a certificate from a diplomatic-consular office in North Macedonia will suffice.
  • A list of individuals appointed to represent the foreign company in North Macedonia, including their full names, personal identification numbers, passport numbers (for foreign individuals), citizenship, and place of residence.

• • A decision from the foreign company’s competent authority to organize the subsidiary.
  • A creditworthiness report for the foreign company, issued by a competent state authority or authorized auditor.
  • A description of the activities and tasks the subsidiary will undertake.
  • If required by law, a permit, approval, or other necessary document must be included with the application.

By following these steps and partnering with a local registration agent, you’ll be well-equipped to navigate the trade register and successfully establish your branch office in North Macedonia. This comprehensive guide will ensure a smooth and hassle-free experience, allowing your business to thrive in the local market.

Learn more about the investment conditions in North Macedonia, on the following link: Invest North Macedonia

Note: The above does not constitute legal advice and in no way can be accepted or understood as an instruction to act in a specific case. Each legal situation has its own characteristics that should be reviewed at separately, and for that reason we recommend that you contact a professional – a lawyer – for legal advice.